Prime Multifamily Development Opportunity Seize this exceptional multifamily development opportunity within the Bristol, VA city limits. This 5.69-acre parcel, zoned R-3 (Moderate Density Multifamily), is ideally positioned among established single-family neighborhoods and existing multifamily communities—offering a proven residential setting with strong demand. The property features direct access from Amy Street via Wagner Road and is fully supported by city water and sewer available on-site, streamlining the development process. With favorable zoning and essential utilities in place, this site is well-suited for apartments, townhomes, or other moderate-density residential projects. A rare chance to develop in a growing area with convenient access to local amenities, employment centers, and everything Bristol has to offer.
Investor opportunity in the heart of Bristol, Virginia! Located at 1740 Bonham Road, this multi-family property features four buildings with a total of 20 rental units, offering strong income potential in a well-established area. The property is currently operating as a rental, making it an attractive option for investors looking to expand their portfolio or step into a stabilized multi-unit asset. Several units have been updated, providing a mix of existing improvements alongside opportunity for continued value-add through future renovations and rent optimization. Conveniently situated near shopping, dining, schools, and major roadways, this location supports consistent rental demand. With multiple buildings on one site, the layout allows for manageable operations and long-term investment potential. Whether you're a seasoned investor or looking for your next multi-family acquisition, this property offers scale, location, and upside. Buyer to verify unit count, square footage, updates, rental income, expenses, and all information deemed important.
Prime Multi-Unit Investment Opportunity -Located Across from Hard Rock Casino & Hotel Bristol! Located at 2412, 2414, & 2416 Bradley St., Bristol, VA, this versatile income-producing property features three distinct residences with additional expansion potential, all within walking distance of the Hard Rock Casino & Hotel. Whether you're looking for long-term rentals, short-term Airbnb potential, or a mix of both, this property is an incredible investment in Bristol's rapidly growing market. Property Features: • Bradley #1 - A leased, remodeled 3-bedroom, 1-bath home featuring a living room, dining room, galley kitchen, sunroom, and deck. Rental potential: Gross $17,904/yr • Bradley #2 - A remodeled 1-bedroom, 1-bath home with a living room, dining room, and an additional flex room that could serve as a second bedroom. Rental potential: Gross $18,000 • Bradley #3 - A leased brand-new buildout studio apartment featuring 1 bedroom, 1 bath, a living room, a kitchen, and expansive deck for relaxing on those sweet Bristol evenings. Annual gross $10,800 • Expansion Potential - There is additional partially updated/finished space with room to build another studio apartment or use for storage. Much of the work has been completed. This completion would add another $10,800 to your annual income ---3 Parcels. Buyer may choose to re-survey the lots and add additional builds. Investment Highlights: • Flexible Income Potential - Currently leasing. Have tenants in place/or processing applications. Revenue estimates are based on long-term rental rates, but short-term rentals could significantly boost returns. • Unbeatable Location - Bradley Street is directly across from the main entrance to Hard Rock Casino & Hotel Bristol, ensuring high visibility and rental demand. Tourism & Attractions - Close to top Bristol destinations, including: • Hard Rock Casino & Hotel • Bristol Motor Speedway • Birthplace of Country Music Museum • Rhythm & Roots Reunion Music Festival • World-class trout fishing, hiking, biking trails, and lakes • Only 90 minutes from Pigeon Forge/Gatlinburg/Dollywood & 2 hours from Knoxville, TN Buyer and Buyer agent to verify all info.
Bristol is located in Virginia. Bristol, Virginia has a population of 16,996. Bristol is less family-centric than the surrounding county with 19.54% of the households containing married families with children. The county average for households married with children is 19.54%.
The median household income in Bristol, Virginia is $43,879. The median household income for the surrounding county is $43,879 compared to the national median of $69,021. The median age of people living in Bristol is 43.4 years.
The average high temperature in July is 85.1 degrees, with an average low temperature in January of 24.2 degrees. The average rainfall is approximately 44.1 inches per year, with 12.3 inches of snow per year.