For Sale For Rent
Advertise
bedrooms
bedrooms
0
bathrooms
bathrooms
0
square feet
square feet
13,600
acreage
Acreage
0.0
open houses
Open Houses
-
year built
year built
1910
full baths
Full Baths
0
half baths
Half Baths
0
Welcome to ''THE CORNERSTONE'' building--- a mixed use opportunity and a true gem of Bristol history!! This 1910 historic brownstone structure boasts three stories with 12 residential units, and two main floor commercial spaces, along with an expansive unfinished basement area currently used as workshop space and storage. The Cornerstone is located just off of State Street, within walking distance to all that downtown Bristol has to offer in the form of food, drink, and entertainment! Five of the 12 residential units are currently in use as short-term rentals, boasting a monthly average income of $5,135. The remaining residential units gross $8,792 monthly. Finally, the main level commercial space is sizable and full of natural light--- the perfect ''corner'' location for a potential salon, studio, aesthetician, etc. This space was previously rented at $1300 monthly with room for increase. This amazing opportunity in downtown Bristol is a true UNICORN, in that you won't find another historic property with this many residential units in the same footprint! She is a BEAUTY and she is a BEAST! If you're looking to make your mark and stake your claim on a fantastic investment opportunity in the Tri-Cities, take a look! The numbers don't lie, and there is potential for cash-flow increase with rent manipulation, further renovation, etc. What a SWEET spot in Bristol to grow your portfolio!
Location
Subdivision Not In Subdivision
County Sullivan
Elementary School -
Middle School -
High School -
open houses Open houses
None scheduled.
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MLS number: 9976783
Listing agent: Rebecca Arnold
Listing broker: Prestige Homes Of The Tri Cities, Inc (423) 217-0346
Copyright © 2025 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.   [source]
Last update: Tuesday, March 4 2025 at 6:27 p.m. EST
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