220 & 244 Gate City Highway, Bristol, VA 24201

$400,000

Property Type: Commercial Square Footage: 2,906 Lot Size (sq. ft.): 22,216 Status: Closed

Current Price: $400,000 List Date: 10/26/2023 Last Modified: 1/03/2024

Overview

Description

INVESTORS!! Opportunity to own 1/2 acre that is the next traffic light up from the entrance to the new BRISTOL CASINO (Future HARDROCK CASINO)! This could be your last chance to buy property in this area where you can see the entrance from YOUR property. This property has been family owned for over 40 years. The property has an updated address by the state of Virginia and is 2 parcels. The former addresses were 118 and 120 Gate City Highway. The property is a corner lot, with 2 entrances, over 319 feet of total Road Frontage, 233 of which is on the SAME STREET AS the CASINO! Both parcels are asphalted. There are 2 existing buildings that have operated a garage and car lot among other businesses in the past. You may choose to rehab them, or remove and build a new structure (s). Both buildings have single phase, 200 amp service with 220 present from previous use. On parcel 33 1 3A the brick facility has 2 roll up garage doors, a concrete floor, on interior restroom and on ... (Read more)

Listing Details MLS# 9945127

Location Tax Legal Info

Street #: 220 & 244
Street Name: Gate City
St Suffix: Highway
County: Washington
State/Province: VA
Zip Code: 24201
Area: 101 - Bristol VA (City)
Subdivision: Not In Subdivision

Contract Info

Listing Price: 595000
List Price/SqFt: 204.75
Foreclosure: No
Short Sale: No
Auction: No

General Property Description

Lease: No
Acres: 0.51
Zoning: B
Year Built: 1954
Total SqFt: 2906
Total SqFt Finished: 2906
HOA Y/N: No
Road Frontage Length: 319
# Restrooms: 3
Total SqFt Unfinished: 0
Annual Lease $: 0

Status Change Info

Date Pending: 2023-11-02
Sold Date: 2024-01-02

Location, Tax & Legal Info

Parcel ID: 33 1 3a; 33 1 2a
Deed Book #: 553
Deed Page #: 195
City Taxes: 2301.39
County Taxes: 0

Remarks & Misc

Directions: I81 to exit 1A. After pass main entrance to Bristol Casino, property is on the right less than 0.4 miles. From State Street Bristol cross Euclid Avenue. Property is situated across from Red Pepper Indian Cuisine on the corner of Gate City Highway and Midway Street, Bristol Virginia.

More Information

Property Condition

Fixer: Yes

Business Type

Vacant: Yes

Exterior Finish

Block: Yes
Brick: Yes

Other Equipment

Additional Building(s): Yes
Delivery Doors: Yes
Display Window: Yes
Garage Bay(s): Yes

Roof

Composition: Yes
Tar/Gravel: Yes

Road Access

City Street: Yes

Electric Service

220 Volts: Yes
Single Phase: Yes
See Remarks: Yes

Development Status

Other: Yes

Heating

Electric: Yes
See Remarks: Yes

Info Available

See Remarks: Yes

AC

Heat Pump: Yes
Window Unit(s): Yes
See Remarks: Yes

Water

Public: Yes

Sewer

Public Sewer: Yes

Restrictions

See Remarks: Yes

Financing

Cash: Yes
Conventional: Yes

Existing Finance

None: Yes

Sale Includes

See Remarks: Yes

Property Features

Property Condition: Fixer Business Type: Vacant Exterior Finish: Block; Brick Other Equipment: Additional Building(s); Delivery Doors; Display Window; Garage Bay(s) Roof: Composition; Tar/Gravel Electric Service: 220 Volts; Single Phase; See Remarks Development Status: Other Heating: See Remarks AC: Heat Pump; Window Unit(s); See Remarks Water: Public Sewer: Public Sewer Road Access: City Street Info Available: See Remarks Restrictions: See Remarks Financing: Cash; Conventional Existing Finance: None Sale Includes: See Remarks

Listing Office: Hurd Realty, LLC

Last Updated: January - 03 - 2024

Information deemed reliable but not guaranteed.

220 & 244 Gate City Highway, Bristol, VA 24201 (MLS# 9945127)