629 State StBristol, VA 24201

This exceptional Class A retail property, located at 629 State St, Bristol, VA 24201, offers 18,109 square feet of space, ideally suited for a variety of uses. The building currently features a restaurant space of approximately 9,000 square feet, currently leased at $10,000 per month on a triple net (NNN) lease, and an additional approximately 9,000 square feet of office space with a negotiable lease rate. The asking price for the entire property is $1,800,000. Estimated annual property taxes are $6,800. The property is zoned B-2, providing flexibility for various commercial ventures. This prime location boasts high traffic counts, with 21,877 vehicles daily on US Route 11E, 15,000 on US-11, 12,591 on Anderson Street, and 9,900 on State Street. The surrounding area features a vibrant mix of businesses, including The Southern Churn, Burger Bar, 620 State Restaurant, Birthplace of Country Music Museum, Regions Bank, Domino's, and First Horizon. Strong demographics support this opportunity, with a 3-mile radius population of 34,708 and an average household income of $62,085. The 5 and 7-mile radius demographics show even greater potential with higher populations and average household incomes. This is a rare opportunity to acquire a well-located, established property with significant income potential.