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2155 Euclid Avenue, Bristol, VA 24201 For Sale

AP
TN 399001
The Pendleton Team
Listed by The Pendleton Team
$699,000
52 days on market
Updated 52 days ago

2155 Euclid Avenue

Details
Property Type Retail
Sub Type Storefront
Square Footage 3,349
NOI $35,772
Occupancy 100%
Tenancy Single
Lease Expiration 03/30/2027
Year Built 1987
Acreage 0.340
Zoning B3
Investment Type Stabilized

2155 Euclid Avenue, Bristol, VA 24201

Marketing description

Prime investment opportunity at 2155 Euclid Ave in Bristol, VA! This well-positioned commercial property offers immediate, stable income with a long-term tenant already in place. Located along highly traveled Euclid Avenue, the property benefits from strong visibility and consistent traffic flow, making it an attractive and strategic location for any business. The current tenant has established roots in the space and is committed to remaining, providing investors with confidence and continuity. The existing lease generates $2,981 per month, with the tenant responsible for all utilities, helping to maximize your net return. The lease is secured through March 2027, and the tenant has already expressed readiness to execute a new lease extension, ensuring long-term occupancy and income stability. This is an ideal opportunity for investors seeking a low-maintenance, income-producing property in a high-traffic corridor with a proven tenant in place. All 3 MLS listings 9992512, 9992513, and 9992514 can be sold together for a total price of $1,897,000. All information taken from CRS/Seller. Buyer/Buyer's Agent to verify all information.

Investment highlights

  • Prime investment opportunity with immediate, stable income
  • Long-term tenant already in place with established roots in the space
  • Located along highly traveled Euclid Avenue with strong visibility and consistent traffic flow
  • Existing lease generates $2,981 per month with tenant responsible for all utilities
  • Lease secured through March 2027 with tenant ready to execute a new lease extension
  • Low-maintenance, income-producing property in a high-traffic corridor
  • Can be sold together with MLS listings 9992512 and 9992514 for a total price of $1,897,000

Listing Contacts

AP
TN 399001
The Pendleton Team
Listed by The Pendleton Team

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$35,772.00
$2,981.00/mo

Valuation Metrics

0
DSCR
5.12%
Cap Rate
5.12%
ROI

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