Industrial Flex
For Lease
$142,000 SF/Yr
471 Commonwealth Ave, Bristol, VA 24201
Industrial flex warehouse with concrete floors, an approximately 10-year-old metal roof, and alley access alongside major-road frontage.
Property Size1,700 SF
Days on Market384
Property Features for 471 Commonwealth Ave
General Information
Standard status
Active
Size
1,700 SF
Additional Details
Road Access
Yes
Listing Agency:
Prestige Homes of the Tri Cities, Inc.
(276) 619-1187
Listed By:
Andrew Neese · License #0225098384, 321552
(276) 619-1187
Source:
Exprealty
Added: Jul 14, 2025
Changed: Jul 26
Last Checked: Jul 31 at 8:04PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Prestige Homes of the Tri Cities, Inc.
Investment Insights
Based on property information with market context.
This industrial flex warehouse offers a large, flexible interior layout with concrete floors across most areas and laminate floating flooring in the finished portion. The property includes a metal roof installed a little over 10 years ago (per the owner’s knowledge), and a new 210 service installed less than four months ago (per the owner’s knowledge). Multiple sections within the building are described as capable of being divided to support a multi-tenant setup, with additional storage space available for a single tenant configuration.
The building is located on Commonwealth Ave with reported over 60 feet of road frontage, plus alley access on the side. The asset presents frontage on a main road and is positioned for service and delivery access via the adjacent alley.
As described, the building includes offices up front with additional space toward the back that could support a contractor-oriented work and storage use, depending on how the interior sections are configured.
The building is located on Commonwealth Ave with reported over 60 feet of road frontage, plus alley access on the side. The asset presents frontage on a main road and is positioned for service and delivery access via the adjacent alley.
As described, the building includes offices up front with additional space toward the back that could support a contractor-oriented work and storage use, depending on how the interior sections are configured.
Key Highlights
- Over 60 feet of road frontage on Commonwealth Ave with alley access alongside the main road
- Metal roof installed a little over 10 years ago (per owner’s knowledge)
- Brand‑new 210 service installed less than 4 months ago
Property Analytics
Current Use
Lease Details
Yes
Paved road access
NNN (Triple Net)
Lease Type
$21,300.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
967
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 24201, VA
16,267
Population
8,138
Households
2
Avg Household Size
43
Median Age
24%
College-Educated
89%
High-School Grad
10.1 sq mi
ZIP Area
1,611
Density / Sq Mi
$43,591
Median Household Income
$38,820
Median Earnings
$763
Median Rent
$160,700
Median Home Value
Market
Vacancy Rate% for Industrial in South region
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Similar Off Market Nearby
- Bristol Gardens and Grill — 285 Vance St, Bristol, VA 24201
- Gingerbread Cooking and Catering — 1609 Euclid Avenue, Bristol, VA 24201
- Bank Street Bristol — 14 Bank St, Bristol, TN 37620
- Delta Blues BBQ — 724 State St, Bristol, TN 37620
Frequently Asked Questions
What type of property is this?
Flex space - Industrial flex warehouse with concrete floors, an approximately 10-year-old metal roof, and alley access alongside major-road frontage.
Where is this flex space located?
The property is located at 471 Commonwealth Ave Bristol, VA.
What is the lease rate?
The lease rate is $142,000.
What are key features of this property?
This property features: Over 60 feet of road frontage on Commonwealth Ave with alley access alongside the main road; Metal roof installed a little over 10 years ago (per owner’s knowledge); Brand‑new 210 service installed less than 4 months ago
