Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Gun Shop
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight