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    Property profile & analytics
    FOR LEASE
    Commercial real estate

    1087 Sycamore St, Bristol, VA 24201

    44,921 SF 1.09 ac lot Built 1911
    Individually Owned 4-yr Hold Absentee Owner Free & Clear
    Property ID
    US87-1527560
    Property summary
    AI-generated overview

    This exceptional offering presents a unique opportunity to acquire a thriving retail business and its accompanying building in Bristol, Virginia. The business, operating since 2008, specializes in custom and standard doors, windows, garage doors, mobile home supplies, and decking, serving Virginia, Tennessee, and North Carolina. Known for its high-quality, made-to-order products and installation services, the business boasts a strong reputation for unparalleled craftsmanship and customer satisfaction, ensuring a stable and profitable investment. The asking price for both the business and the 1 square foot building is $4,129,113. The seller is open to leasing the existing space to the buyer, offering flexibility in acquisition strategy. Importantly, the property is only available for sale in conjunction with the established business. This presents a turnkey opportunity for an entrepreneur seeking a niche market with significant growth potential in a region identified as an emerging market with strong housing investment prospects. The property is located at 1087 Sycamore St, Bristol, VA 24201. This is a rare chance to acquire a well-established, profitable business with its associated real estate in a desirable location.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1911
    Total area 44,921 SF
    Lot 1.09 ac (47,611 SF)
    APN 26 1 2 1 2 3A
    UPID US87-1527560
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • The Venue at Sycamore Junction Hotel & Motel Resort
    • THE DOOR STORE Hardware & Home Improvement Production Facility
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Marty Jacobs · 4 yrs held
    Marty Jacobs
    since 2021
    Last sale
    $350,000
    1 recorded transaction
    2021
    $350,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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