1087 Sycamore StBristol, VA 24201

  • Other commercial real estate
  • 44,921 SF
For Sale
$4,129,113 View listing

Property Details for 1087 Sycamore St

Year built
1911
Lot size
1.09 AC
Property size (Sq ft)
44,921 SF
Property type
Other commercial real estate
APN
26 1 2 1 2 3A
APU
2612123A

Description

This exceptional offering presents a unique opportunity to acquire a thriving retail business and its accompanying building in Bristol, Virginia. The business, operating since 2008, specializes in custom and standard doors, windows, garage doors, mobile home supplies, and decking, serving Virginia, Tennessee, and North Carolina. Known for its high-quality, made-to-order products and installation services, the business boasts a strong reputation for unparalleled craftsmanship and customer satisfaction, ensuring a stable and profitable investment. The asking price for both the business and the 1 square foot building is $4,129,113. The seller is open to leasing the existing space to the buyer, offering flexibility in acquisition strategy. Importantly, the property is only available for sale in conjunction with the established business. This presents a turnkey opportunity for an entrepreneur seeking a niche market with significant growth potential in a region identified as an emerging market with strong housing investment prospects. The property is located at 1087 Sycamore St, Bristol, VA 24201. This is a rare chance to acquire a well-established, profitable business with its associated real estate in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $9,922,083
    Hospitality
    $9,088,575
    Educational
    $7,561,588
    Medical
    $7,821,642
    Retail
    $11,762,469
1087 Sycamore St, Bristol, Virginia

Location Insight

City
Bristol
County
Bristol
State
Virginia
Latitude
36.6004
Longitude
-82.1886
CBSA code
28700
CBSA name
KINGSPORT-BRISTOL-BRISTOL, TN-VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$4,922
$166,700
$272,800
$439,500
-
$166,700
$272,800
$439,500

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