Two-Level Mixed-Use
For Sale
$1,000,000
523 State Street, Bristol, VA 24201
Commercial Sale, Bristol, VA
Property Size9,337 SF
Lot Size0.30 Acres
Price / SF$107.10
Days on Market47
Property Features for 523 State Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Directions
From I-81 N, take Exit 3 for I-381 S toward Bristol. Continue onto I-381 S, then VA-381 S/Commonwealth Ave. Turn left onto State St. The destination will be on the left.
Subdivision
101 - Bristol VA (City)
Standard status
Active
APN
37 5 24 32
Size
9,337 SF
Lot size
0.30 Acres
Utilities
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Amenities
private parking lot
Building Details
Year built
1891
Listing Agency:
LPT Realty - Griffin Home Group
(423) 482-0743
Listed By:
Jim Griffin · License #310406
(423) 247-5510
Added: Aug 4
Changed: Sep 5
Last Checked: Sep 19 at 9:06PM
MLS# 9999076
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.
Built in 1891, this approximately 9,337-square-foot mixed-use property occupies two levels at 523 State Street. The building has commercial zoning, central air, public water, and public sewer. Three business tenants currently occupy portions of the property, while two residential apartments are under construction on the second level. The planned units include one two-bedroom, one-bath apartment and one one-bedroom, one-bath apartment.
A private parking lot directly behind the building provides approximately 16 spaces. The property is located in Downtown Bristol along State Street, where the Virginia-Tennessee state line runs through the center of the roadway. Its position places the building within the downtown commercial corridor and near the dining, entertainment, music, tourism, and business activity described for the area.
A private parking lot directly behind the building provides approximately 16 spaces. The property is located in Downtown Bristol along State Street, where the Virginia-Tennessee state line runs through the center of the roadway. Its position places the building within the downtown commercial corridor and near the dining, entertainment, music, tourism, and business activity described for the area.
Key Highlights
- Approximately 9,337 square feet across two levels
- Three current business tenants occupy the property
- Two residential apartments under construction: one two‑bedroom and one one‑bedroom unit
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,213
Businesses Nearby
45k
Monthly Visits Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial zoning, central air, and rear private parking support the existing downtown configuration.
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; Three current business tenants occupy the property; Two residential apartments under construction: one two‑bedroom and one one‑bedroom unit
