$349,900
531 State Street
Bristol, VA 24201
MLS# 9983610
3981 sqft
531 State Street, Bristol, VA 24201
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Property Description
Looking for a property on State St in downtown Bristol?! Don't miss this one! Located in the heart of Bristol's vibrant downtown district, this iconic two-story brick building offers a rare opportunity to own a historic income-producing property on State Street. Constructed circa 1890 and known for nearly a century as Ryland Jewelry, the building blends timeless character with investment potential in one of the most walkable areas of downtown. Offering the potential for two units, the main level features a commercial storefront anchored by a long-standing tenant- providing immediate passive income. The upper level is a blank canvas, stripped to exposed brick walls and ready for a custom build-out. Whether you're envisioning a residential loft, office space, expanded commercial use, or downtown storage, the possibilities are wide open. Showcasing original architectural details including soaring 15' ceilings, a pressed metal ceiling on the first floor, exposed brick, and wood floors and original staircase upstairs, this building is full of historic charm. The storefront was updated around 1980, and the upper façade retains mid-century paneling that could be removed to restore its original windows and elevation. Zoned for commercial use and eligible for Historic Tax Credits and potential grant funding, this property is ideal for investors, business owners, or creatives looking to establish a unique footprint in the heart of downtown. Short-term rentals are also permitted, making it a prime candidate for revenue generation during major events such as Rhythm & Roots, Bristol Motor Speedway races, and happenings at the new Hard Rock Casino. Whether you're an investor looking for a passive income, a business owner looking for an enviable location, or a traveler looking for a place to call home while visiting the area- you will not want to miss this one! Offered at $350k, this is a rare opportunity to acquire a piece of Bristol's history with excellent visibility, high foo

Details
Maps
Location, Tax & Legal Info
Parcel ID: 37 5 27
City Taxes: 994.56
County Taxes: 0
Contract Info
List Price/SqFt: 87.89
Foreclosure: No
Short Sale: No
Auction: No
Status: Active
Listing Price: 349900
Current Price: $349,900
Listing Date: 2025-07-25
General Property Description
Acres: 0
Lease: No
Lot Size: 22X91
Zoning: Commercial
HOA Y/N: No
Stories: 2
Total SqFt Finished: 3981
Total SqFt Unfinished: 0
# Parking Spaces: 0
# Restrooms: 1
Annual Lease $: 0
Year Built: 1891
Total SqFt: 3981
Remarks & Misc
Public Remarks: Looking for a property on State St in downtown Bristol?! Don't miss this one! Located in the heart of Bristol's vibrant downtown district, this iconic two-story brick building offers a rare opportunity to own a historic income-producing property on State Street. Constructed circa 1890 and known for nearly a century as Ryland Jewelry, the building blends timeless character with investment potential in one of the most walkable areas of downtown. Offering the potential for two units, the main level features a commercial storefront anchored by a long-standing tenant- providing immediate passive income. The upper level is a blank canvas, stripped to exposed brick walls and ready for a custom build-out. Whether you're envisioning a residential loft, office space, expanded commercial use, or downtown storage, the possibilities are wide open. Showcasing original architectural details including soaring 15' ceilings, a pressed metal ceiling on the first floor, exposed brick, and wood floors and original staircase upstairs, this building is full of historic charm. The storefront was updated around 1980, and the upper façade retains mid-century paneling that could be removed to restore its original windows and elevation. Zoned for commercial use and eligible for Historic Tax Credits and potential grant funding, this property is ideal for investors, business owners, or creatives looking to establish a unique footprint in the heart of downtown. Short-term rentals are also permitted, making it a prime candidate for revenue generation during major events such as Rhythm & Roots, Bristol Motor Speedway races, and happenings at the new Hard Rock Casino. Whether you're an investor looking for a passive income, a business owner looking for an enviable location, or a traveler looking for a place to call home while visiting the area- you will not want to miss this one! Offered at $350k, this is a rare opportunity to acquire a piece of Bristol's history with excellent visibility, high foo
Directions: Downtown Bristol. GPS Friendly. From Volunteer Pkwy, Turn right onto Melrose St. Turn left onto Southside Ave/6th St. Turn right onto State St.
Property Condition
Average: 1
Business Type
Professional/Office: 1
Residential: 1
Retail: 1
Shopping: 1
Exterior Finish
Brick: 1
Other: 1
See Remarks: 1
Other Equipment
Display Window: 1
Roof
Metal: 1
Road Access
City Street: 1
Electric Service
See Remarks: 1
Development Status
Infrastructure In: 1
Heating
Heat Pump: 1
Info Available
Aerial: 1
Leases: 1
Survey: 1
AC
Heat Pump: 1
Utilities
See Remarks: 1
Water
Public: 1
Sewer
Public Sewer: 1
Restrictions
See Remarks: 1
Easements
See Remarks: 1
Financing
Cash: 1
Conventional: 1
Sale Includes
Fee Simple: 1
Location Tax Legal Info
Street #: 531
Street Name: State
St Suffix: Street
County: Bristol City
State/Province: VA
Zip Code: 24201
Area: 101 - Bristol VA (City)
Property Features
Property Condition: Average
Business Type: Professional/Office; Residential; Retail; Shopping
Exterior Finish: Brick; Other; See Remarks
Other Equipment: Display Window
Roof: Metal
Electric Service: See Remarks
Development Status: Infrastructure In
Heating: Heat Pump
AC: Heat Pump
Utilities: See Remarks
Water: Public
Sewer: Public Sewer
Road Access: City Street
Info Available: Aerial; Leases; Survey
Restrictions: See Remarks
Easements: See Remarks
Financing: Cash; Conventional
Sale Includes: Fee Simple
Supplements
t traffic, and endless amounts of potential. No on-site parking included, but nearby spaces may be rented. Flood insurance is required. Showings require 24-hour notice or must occur before/after tenant's business hours. Owner/Agent. All information contained herein is deemed reliable but gathered from third party sources and is subject to buyers, or buyer's agents verification.
Listing Office: The Addington Agency Bristol

Last Updated: December - 30 - 2025

Information deemed reliable but not guaranteed.

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