# 601 Commonwealth Avenue, Bristol, VA 24201 > **TL;DR:** commercial, $1,100,000 ($219/sqft), built 1971, 5,018 sqft. > A/C. Est. $5,883/mo. Listed 114 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,100,000 | | Price/sqft | $219 | | Square Feet | 5,018 | | Year Built | 1971 | | Lot Size | 23,087 sqft (0.53 acres) | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 114 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $5,562 | | Estimated Insurance | $321 | | **Total** | **$5,883** | ## Key Amenities - A/C ## Property Highlights - Built in 1971 - 0.53 acre lot ## Description ### Agent Description INVESTMENT OPPORTUNITY IN BRISTOL, VIRGINIA. Acquire an income-producing commercial property with established tenants, strong visibility, and future expansion potential at the prominent corner of Commonwealth Avenue and Euclid Avenue. Situated on approximately 0.54 acres, the property features a commercial building offering approximately 2,536 square feet of usable space and is currently occupied by two active tenants paying $1,500 and $2,500 per month, generating combined gross rental income of $4,000 per month, or $48,000 annually. The property benefits from excellent exposure at a highly traveled intersection, with VDOT traffic estimates indicating approximately 11,500 vehicles pass this corner each day. Its strategic location places the property approximately 1.9 miles from the Hard Rock Hotel & Casino Bristol, 1.5 miles from Interstate 81, and just 1.1 miles from historic Downtown Bristol. Additional growth potential may be available through the acquisition of approximately 0.35 acres of adjoining property located along Euclid Avenue, which is available for separate negotiation. If acquired, the combined site could offer approximately 0.89 acres and create additional possibilities for expansion, parking, redevelopment, or future commercial use, subject to applicable zoning and approvals. This offering presents investors with a compelling combination of immediate rental income, established occupancy, high daily traffic exposure, regional accessibility, and long-term strategic potential in the growing Bristol market. Continue operating as an income-producing investment or explore future opportunities to reposition and expand the site. IT IS THE SOLE RESPONSIBILITY OF BUYER AND BUYER AGENT TO VERIFY ALL INFORMATION CONTAINED HEREIN ## Location - **Address:** 601 Commonwealth Avenue, Bristol, VA 24201 - **County:** Bristol City - **Coordinates:** 36.603151, -82.191879 - **Google Maps:** https://www.google.com/maps?q=36.603151,-82.191879 ## Listing Agent - **Name:** Jim Griffin · **License:** 310406 - **Brokerage:** GRIFFIN HOME GROUP - **Broker Phone:** (423) 482-0743 ## Photos ![601 Commonwealth Avenue - Photo 1](http://lh.rdcpix.com/9d7be7cf0725244194d175075a4686f8l-f1446702891r.jpg) ![601 Commonwealth Avenue - Photo 2](http://lh.rdcpix.com/9d7be7cf0725244194d175075a4686f8l-f1749253417r.jpg) ![601 Commonwealth Avenue - Photo 3](http://lh.rdcpix.com/9d7be7cf0725244194d175075a4686f8l-f2952756878r.jpg) ![601 Commonwealth Avenue - Photo 4](http://lh.rdcpix.com/9d7be7cf0725244194d175075a4686f8l-f3877756123r.jpg) ![601 Commonwealth Avenue - Photo 5](http://lh.rdcpix.com/9d7be7cf0725244194d175075a4686f8l-f979191848r.jpg) ![601 Commonwealth Avenue - Photo 6](http://lh.rdcpix.com/9d7be7cf0725244194d175075a4686f8l-f1510068080r.jpg) ![601 Commonwealth Avenue - Photo 7](http://lh.rdcpix.com/9d7be7cf0725244194d175075a4686f8l-f1248245593r.jpg) ![601 Commonwealth Avenue - Photo 8](http://lh.rdcpix.com/9d7be7cf0725244194d175075a4686f8l-f3577722160r.jpg) ![601 Commonwealth Avenue - Photo 9](http://lh.rdcpix.com/9d7be7cf0725244194d175075a4686f8l-f1881705029r.jpg) ![601 Commonwealth Avenue - Photo 10](http://lh.rdcpix.com/9d7be7cf0725244194d175075a4686f8l-f1150687589r.jpg) ![601 Commonwealth Avenue - Photo 11](http://lh.rdcpix.com/9d7be7cf0725244194d175075a4686f8l-f1954598543r.jpg) ![601 Commonwealth Avenue - Photo 12](http://lh.rdcpix.com/9d7be7cf0725244194d175075a4686f8l-f2726069956r.jpg) ![601 Commonwealth Avenue - Photo 13](http://lh.rdcpix.com/9d7be7cf0725244194d175075a4686f8l-f966412074r.jpg) ![601 Commonwealth Avenue - Photo 14](http://lh.rdcpix.com/9d7be7cf0725244194d175075a4686f8l-f3592226613r.jpg) ![601 Commonwealth Avenue - Photo 15](http://lh.rdcpix.com/9d7be7cf0725244194d175075a4686f8l-f3076133241r.jpg) ![601 Commonwealth Avenue - Photo 16](http://lh.rdcpix.com/9d7be7cf0725244194d175075a4686f8l-f1943653644r.jpg) ![601 Commonwealth Avenue - Photo 17](http://lh.rdcpix.com/9d7be7cf0725244194d175075a4686f8l-f1923410849r.jpg) ![601 Commonwealth Avenue - Photo 18](http://lh.rdcpix.com/9d7be7cf0725244194d175075a4686f8l-f3081981670r.jpg) ![601 Commonwealth Avenue - Photo 19](http://lh.rdcpix.com/9d7be7cf0725244194d175075a4686f8l-f3594498929r.jpg) ![601 Commonwealth Avenue - Photo 20](http://lh.rdcpix.com/9d7be7cf0725244194d175075a4686f8l-f2733036972r.jpg) ![601 Commonwealth Avenue - Photo 21](http://lh.rdcpix.com/9d7be7cf0725244194d175075a4686f8l-f1674001559r.jpg) ![601 Commonwealth Avenue - Photo 22](http://lh.rdcpix.com/9d7be7cf0725244194d175075a4686f8l-f4278361252r.jpg) ![601 Commonwealth Avenue - Photo 23](http://lh.rdcpix.com/9d7be7cf0725244194d175075a4686f8l-f2670549311r.jpg) ![601 Commonwealth Avenue - Photo 24](http://lh.rdcpix.com/9d7be7cf0725244194d175075a4686f8l-f3400624588r.jpg) ![601 Commonwealth Avenue - Photo 25](http://lh.rdcpix.com/9d7be7cf0725244194d175075a4686f8l-f673845786r.jpg) ![601 Commonwealth Avenue - Photo 26](http://lh.rdcpix.com/9d7be7cf0725244194d175075a4686f8l-f4252038962r.jpg) ![601 Commonwealth Avenue - Photo 27](http://lh.rdcpix.com/9d7be7cf0725244194d175075a4686f8l-f109778772r.jpg) ![601 Commonwealth Avenue - Photo 28](http://lh.rdcpix.com/9d7be7cf0725244194d175075a4686f8l-f3168437860r.jpg) ![601 Commonwealth Avenue - Photo 29](http://lh.rdcpix.com/9d7be7cf0725244194d175075a4686f8l-f3131603743r.jpg) ![601 Commonwealth Avenue - Photo 30](http://lh.rdcpix.com/9d7be7cf0725244194d175075a4686f8l-f533644391r.jpg) ![601 Commonwealth Avenue - Photo 31](http://lh.rdcpix.com/9d7be7cf0725244194d175075a4686f8l-f3840397829r.jpg) ![601 Commonwealth Avenue - Photo 32](http://lh.rdcpix.com/9d7be7cf0725244194d175075a4686f8l-f2216153110r.jpg) ![601 Commonwealth Avenue - Photo 33](http://lh.rdcpix.com/9d7be7cf0725244194d175075a4686f8l-f3510623854r.jpg) --- **MLS#:** 9997811 | **Updated:** 2026-10-20 **Source:** listhub *Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/601-commonwealth-avenue-bristol-va-24201-3562ab8b8f4344699a79e2d4b620fbb8) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/601-commonwealth-avenue-bristol-va-24201-3562ab8b8f4344699a79e2d4b620fbb8#listing", "url": "https://staging.propertysimple.ai/listing/601-commonwealth-avenue-bristol-va-24201-3562ab8b8f4344699a79e2d4b620fbb8", "name": "601 Commonwealth Avenue, Bristol, VA 24201", "description": "INVESTMENT OPPORTUNITY IN BRISTOL, VIRGINIA. Acquire an income-producing commercial property with established tenants, strong visibility, and future expansion potential at the prominent corner of Commonwealth Avenue and Euclid Avenue. Situated on approximately 0.54 acres, the property features a commercial building offering approximately 2,536 square feet of usable space and is currently occupied by two active tenants paying $1,500 and $2,500 per month, generating combined gross rental income of $4,000 per month, or $48,000 annually. The property benefits from excellent exposure at a highly traveled intersection, with VDOT traffic estimates indicating approximately 11,500 vehicles pass this corner each day. Its strategic location places the property approximately 1.9 miles from the Hard Rock Hotel & Casino Bristol, 1.5 miles from Interstate 81, and just 1.1 miles from historic Downtown Bristol. Additional growth potential may be available through the acquisition of approximately 0.35 acres of adjoining property located along Euclid Avenue, which is available for separate negotiation. If acquired, the combined site could offer approximately 0.89 acres and create additional possibilities for expansion, parking, redevelopment, or future commercial use, subject to applicable zoning and approvals. This offering presents investors with a compelling combination of immediate rental income, established occupancy, high daily traffic exposure, regional accessibility, and long-term strategic potential in the growing Bristol market. Continue operating as an income-producing investment or explore future opportunities to reposition and expand the site. 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