715 State St Bristol, VA 24201
This exceptional 4,600 square foot mixed-use building, located in the heart of Downtown Bristol, VA (715 State St, 24201), presents a unique opportunity. Built in 1926 and extensively renovated in 2022, this Class B property boasts a prime location at the intersection of State and 8th Streets, within the B-2 zoning district (APN 37-1-I-1). The entire space is currently vacant and offers flexibility for a single tenant or can be easily divided into two separate units, each with its own entrance, restrooms, and mezzanine office space, plus a convenient rear entrance. While the space is ready for a tenant's personal touch, its location in the revitalized Downtown Bristol area is undeniable. Ample public parking is available nearby, including a public lot just two buildings away and additional parking on the backstreet. The property sits on 0.11 acres and comprises a two-story building with no elevators. Street parking is available. This is an ideal location for retail, restaurant, or special purpose uses, making it a truly remarkable investment opportunity in a thriving downtown setting. The property's rich history as a long-standing retail site adds to its charm and potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.