307 Bonham RdBristol, VA 24201

This exceptional investment opportunity presents a fully occupied, income-producing commercial property located at 307 Bonham Rd, Bristol, VA 24201. The Class C building boasts a total of 7,345 square feet and is currently generating a strong 8.60% cap rate. The asking price is $499,900, translating to $68.06 per square foot. The property features a modified lease structure with multiple tenants, ensuring consistent cash flow. The building's layout includes three commercial office units and a garage/storage unit on the ground level, providing versatile space for various businesses. The upper level comprises four residential units, adding to the property's overall income potential. Currently operating at 100% occupancy, this property offers immediate returns and a waiting list of potential tenants, suggesting strong future growth prospects. Detailed income and expense information is available upon request. This is a rare chance to acquire a well-established, high-performing asset in a desirable location. Don't miss this opportunity to add a significant cash-flowing property to your portfolio.