Flex Building With Alley
For Lease
$142,000
471 Commonwealth Ave, Bristol, VA 24201
Commercial Lease, Bristol, VA
Space SizeContact for details
Lot Size0.30 Acres
Days on Market451
Property Features for 471 Commonwealth Ave
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning
B3
Directions
FROM I-81 heading south, take exit 3. Keep Driving south on Commonwealth Ave, look for property on left.
Subdivision
101 - Bristol VA (City)
Standard status
Active
APN
26 5 2 7
Size
1,700 SF
Lot size
0.30 Acres
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1891
Building materials
Block
Roof type
Metal
Listing Agency:
Prestige Homes of the Tri Cities, Inc.
(423) 217-0346
Listed By:
Andrew Neese · License #0225098384, 321552
(276) 619-1187
Added: Jul 14, 2025
Changed: Oct 2
Last Checked: Oct 7 at 4:06AM
MLS# 9983104
Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Available for lease, this 1,700-square-foot flex building occupies a 0.3-acre site at 471 Commonwealth Ave in Bristol. The block-constructed property includes finished office areas, storage, and workshop or garage space, with sections that can be configured for separate occupants. Concrete flooring serves most areas, while the finished portion has laminate floating flooring.
The property offers more than 60 feet of frontage along Commonwealth Ave and additional alley access at the side. A metal roof was installed a little over 10 years ago, according to the owner, and a new 210 service was installed less than 4 months ago. Public water and public sewer serve the property. Built in 1891, the building is zoned B3.
The property offers more than 60 feet of frontage along Commonwealth Ave and additional alley access at the side. A metal roof was installed a little over 10 years ago, according to the owner, and a new 210 service was installed less than 4 months ago. Public water and public sewer serve the property. Built in 1891, the building is zoned B3.
Key Highlights
- 1,700‑square‑foot flex building on a 0.3‑acre site
- More than 60 feet of frontage along Commonwealth Ave
- Side alley access complements main‑road frontage
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,170
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
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Market
Vacancy Rate% for Office in South region
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Similar Off Market Nearby
- Delta Blues BBQ — 724 State St, Bristol, TN 37620
- Bank Street Bristol — 14 Bank St, Bristol, TN 37620
- Bristol Gardens and Grill — 285 Vance St, Bristol, VA 24201
- Gingerbread Cooking and Catering — 1609 Euclid Avenue, Bristol, VA 24201
Frequently Asked Questions
What type of property is this?
Flex space - B3-zoned commercial building with office, storage, and workshop areas along a main road.
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: 1,700‑square‑foot flex building on a 0.3‑acre site; More than 60 feet of frontage along Commonwealth Ave; Side alley access complements main‑road frontage
