Search
Two-Level Mixed-Use Building
For Sale
$1,000,000

523 State Street, Bristol, VA 24201

Commercial-zoned property combines business occupancy with apartments under construction.

Property Size9,337 SF
Price / SF$107.10
Days on Market21

Property Features for 523 State Street

General Information

Standard status Active
Size 9,337 SF
Total Parking Spaces 16
Elevators No

Site & Location

Highway Access No
Road Access No
Public Transit No
Utilities to Site No

Additional Details

Furnished No
Opportunity Zone No
Sprinkler System No

Building Details

Buildings 1
Stories 2
Tenancy Multi
Abandoned No
Listing Agency: LPT Realty - Griffin Home Group
Listed By: Jim Griffin · License #310406
Source: Exprealty
Added: Aug 4 Changed: Aug 23 Last Checked: Aug 21 at 8:28PM

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 LPT Realty - Griffin Home Group

Investment Insights

Based on property information with market context.

Built in 1891, this two-level mixed-use property contains approximately 9,337 square feet and is zoned Commercial. Three business tenants occupy the building, while two residential apartments are under construction on the second level. Planned apartment layouts include a two-bedroom, one-bath unit and a one-bedroom, one-bath unit.

A private parking lot of approximately 0.20 acres sits directly behind the building and provides approximately 16 parking spaces. The property is located at 523 State Street in Bristol, Virginia, within the downtown State Street corridor and along the Virginia-Tennessee state line that runs through the roadway. Nearby downtown activity includes dining, entertainment, music, tourism, and business uses.

Key Highlights

  • Approximately 9,337 square feet across two levels
  • Commercial zoning with mixed business and residential components
  • Three business tenants currently occupy the building

Property Analytics

Current Use

Audioasis Recording Studio Sidetrack Tobacco (Bike/Boat/Book/etc) Store The Original Sidetrack Tobacco (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Storage Facility Building Supply Dental Office Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,213
Businesses Nearby
45k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 62% Dining 36% Beauty & Spa 2%
Applebee's Dining
11,965 visits/mo 0.5 miles
Exxon Shops & Services
7,583 visits/mo 0.3 miles
Dollar General Shops & Services
6,572 visits/mo 0.3 miles
Shell Shops & Services
4,549 visits/mo 0.5 miles
Marathon Petroleum Shops & Services
3,600 visits/mo 0.4 miles

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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial-zoned property combines business occupancy with apartments under construction.
Where is this mixed-use property located?
The property is located at 523 State Street Bristol, VA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Approximately 9,337 square feet across two levels; Commercial zoning with mixed business and residential components; Three business tenants currently occupy the building
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message