4919 Lee Hwy - Bank FOR SALE


Bristol, VA 24202
$975,000 USD
828-379-8750
4919 Lee Hwy, Bristol, VA for Sale
$975,000 USD
Bank - FOR SALE
1/9
null | Request Cap Rate

4919 Lee Hwy
Bristol, VA 24202


HIGHLIGHTS

  • 2,889 SF free-standing building
  • Built in 1981
  • Zoned B-3 General Business District
  • Located in Bristol, VA
  • High-traffic area
  • Excellent visibility

OVERVIEW

High-Visibility Commercial Opportunity with Drive-Thru and Redevelopment Potential. This 1.1074-acre property (48,237 SF) at the signalized corner of Lee Highway and Bristol East Road presents a rare opportunity for redevelopment or adaptive reuse. The existing 2,889-square-foot freestanding building, constructed in 1981, has been well-maintained with a new HVAC system (2018), roof replacement (2021), and a repaved parking lot (2005). The site includes: -3 drive-thru lanes -20 marked parking spaces -Full access from Bristol East Road and right-in/right-out access from Lee Highway -Zoned B-3 (General Business District), the site is well-suited for retail, restaurant, or service-oriented businesses seeking a high-traffic, stand-alone location. Offered as is, where is. Property will be conveyed with a deed restriction prohibiting use as a financial institution for a period of two (2) years.

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$337 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Former Bank Facility | Hard Corner

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.12 AC

LAND SF

48,787 SF

ZONING

B-3

APN/PARCEL ID

18931

ASK ABOUT THIS PROPERTY

James Milner, CCIMAppalachian Commercial Real EstateMore Info
828-379-8750

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James Milner, CCIMAppalachian Commercial Real EstateMore Info
828-379-8750

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.