$2,000,000
bedrooms
0
bathrooms
0
square feet
13,600
Acreage
0.0
Open Houses
-
year built
1910
Full Baths
0
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 | - |
Find out more
Tell us who you are, and we will have someone reach out to you.
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
Kotohomes National
Other listings you might be interested in
$2,000,000
0 Bed •
0 Bath •
21,600 ft²
516 Morelock Street
Kingsport, TN 37660
$2,590,000
0 Bed •
0 Bath •
75,000 ft²
1202 Anchorage Circle
Vansant, VA 24656
$2,900,000
0 Bed •
0 Bath •
33,420 ft²
220 Broad Street
Kingsport, TN 37660
$3,900,000
0 Bed •
0 Bath •
55,000 ft²
241 Industrial Park Road
Mountain City, TN 37683
$2,000,000
0 Bed •
0 Bath •
14,563 ft²
128 Glenwood Street
Cedar Bluff, VA 24609
$3,995,000
3 Bed •
6 Bath •
12,010 ft²
365 Spurgeon Road
Blountville, TN 37617
$2,599,000
6 Bed •
11 Bath •
11,807 ft²
450 Lake Approach
Johnson City, TN 37601