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Commercial Land at Corner Location
For Sale
$1,250,000

601 Commonwealth Avenue, Bristol, VA 24201

Commercial Sale, Bristol, VA

Property Size5,018 SF
Lot Size0.53 Acres
Price / SF$249.10
Days on Market94

Property Features for 601 Commonwealth Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial/Ind.
Directions Head southwest on I-81 S. Take exit 1A to merge onto US-421 S/US-58 E toward Bristol. Continue to follow US-421 S. Turn left onto Catherine St. Turn right onto Vance St. Turn left onto Euclid Ave. Turn left onto Commonwealth Ave. Destination will be on the right.
Subdivision 101 - Bristol VA (City)
Standard status Active
APN 26 429 1 2 3
Size 5,018 SF
Lot size 0.53 Acres

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1971
Building materials Metal Siding, Stucco, Vinyl Siding
Roof type Composition
Listing Agency: LPT Realty - Griffin Home Group
Listed By: Jim Griffin · License #310406
Added: Jul 6 Changed: Oct 2 Last Checked: Oct 7 at 6:06AM
MLS# 9997811

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.

This approximately 0.53-acre commercial land parcel includes an existing commercial building constructed in 1971. The improvements feature metal, stucco, and vinyl siding, along with a composition roof, central heating, and central air conditioning. Public water and public sewer serve the property, and the site is designated Commercial/Ind. under the stated zoning classification.

The property is located at 601 Commonwealth Avenue in Bristol, Virginia, at the corner of Commonwealth Avenue and Euclid Avenue. It is approximately 1.5 miles from Interstate 81, 1.1 miles from Downtown Bristol, and 1.9 miles from the Hard Rock Hotel & Casino Bristol. An adjoining approximately 0.35-acre parcel along Euclid Avenue is separately available for negotiation, which could expand the combined site to approximately 0.89 acres if acquired, subject to applicable zoning and approvals.

Key Highlights

  • Approximately 0.53‑acre commercial land parcel with existing building
  • Commercial/Ind. zoning designation
  • Corner position at Commonwealth Avenue and Euclid Avenue

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Building Supply Storage Facility HVAC Service Garden Center Real Estate Agency Dental Office

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

11,500 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

967
Businesses Nearby

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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Frequently Asked Questions

What type of property is this?
Commercial land - Improved commercial land with an existing building, public utilities, and Commercial/Ind. zoning.
Where is this commercial land located?
The property is located at 601 Commonwealth Avenue Bristol, VA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Approximately 0.53‑acre commercial land parcel with existing building; Commercial/Ind. zoning designation; Corner position at Commonwealth Avenue and Euclid Avenue
More about this property
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