Spacious Building on Commonwealth
For Lease
Contact for pricing
407 Commonwealth Ave, Bristol, VA 24201
Large building with high visibility, suitable for workshop or retail.
Space Size4,000 SF
Days on Market939
Property Features for 407 Commonwealth Ave
General Information
Standard status
Active
Size
4,000 SF
Property subtype
Retail, Industrial, Special Purpose
Lease Type
Net
Building Details
Building Size
3,800 SF
Year Built
1891
Tenancy
Single
Spaces For Lease
at 407 Commonwealth Ave Contact us- Size
- 4,000 SF
- Type
- Industrial, Retail, Special Purpose
- Lease Type
- Net
- Availability
- Active
Available Space
Listing Agency:
Neese Real Estate
Listed By:
Andrew Neese · License #0225278254
Source:
Crexi
Added: Jan 16, 2024
Changed: Aug 11
Last Checked: Aug 11 at 1:07PM
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 Neese Real Estate
Investment Insights
Based on property information with market context.
Located on Commonwealth Avenue, this building offers substantial square footage and high visibility with over 60 feet of road frontage. The property is suitable as a home base for a contractor, featuring a workshop area with storage and a potential showroom for customers. Alternatively, the front area could be used as retail spaces for lease, with a workshop in the back. The property provides ample storage space and various layout options. A metal roof was installed within the last 10 years. The back workshop has had some electrical upgrades in recent years. The building features concrete flooring, block walls, and wood partition walls. There is potential to open the interior walls to create a large, open section in the front of the building. Public parking is available in the front, with private parking in the back near the workshop. An industrial-sized gas wall heater is affixed to one of the sections, but its operational status is unknown. The property was previously used for storage.
Key Highlights
- Large square footage building with high visibility on Commonwealth Avenue.
- Over 60 feet of road frontage.
- Flexible space suitable for workshop, retail, or showroom.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
967
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
Lease Benchmarks for Bristol, VA
$172 /SF/Yr
Avg Asking Price
$4.88–$670 /SF/Yr
Price Range
23,391 SF
Avg Space Size
Vacancy Rate% for Industrial in South region
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Similar Off Market Nearby
- Bristol Gardens and Grill — 285 Vance St, Bristol, VA 24201
- Gingerbread Cooking and Catering — 1609 Euclid Avenue, Bristol, VA 24201
- Bank Street Bristol — 14 Bank St, Bristol, TN 37620
- Delta Blues BBQ — 724 State St, Bristol, TN 37620
Frequently Asked Questions
What type of property is this?
Flex space - Large building with high visibility, suitable for workshop or retail.
Where is this flex space located?
The property is located at 407 Commonwealth Ave Bristol, VA.
What are key features of this property?
This property features: Large square footage building with high visibility on Commonwealth Avenue.; Over 60 feet of road frontage.; Flexible space suitable for workshop, retail, or showroom.
