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    138 W Jackson St Gate City, VA 24251

    Sponsored
    For Sale
    $149,900

    COMMERCIAL - Gate City, VA

    Property size:
    3,396 SF
    Days on Market:
    51
    Last Refresh:
    Jan 8 at 12:06 am

    Property Features for 138 W Jackson St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    146a7 A 221
    Fireplace
    1
    Size
    3,396 SF

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard, Heat Pump (Heating), Fireplace(s)
    Cooling system
    Window Unit(s), Ceiling Fan(s), Heat Pump
    Water source
    Public

    Building Details

    Year built
    1906
    Building materials
    Brick
    Roof type
    Metal

    Centruy 21 Pro Service (423) 282-1885 [email protected]

    Listing agent Shana Wilcox (423) 330-2174 License #292458

    Listing date Nov 19, 2025

    Copyright © 2026 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.

    Overview

    Mixed-Use Property in Gate City

    This mixed-use property is located in downtown Gate City. The main level features a gutted storefront with exposed brick and tall ceilings, suitable for retail, restaurant, studio, or office build-out. The second floor includes two finished apartments. One apartment is a two-bedroom, one-bath unit, and the other is a one-bedroom, one-bath unit. Both apartments offer immediate rental income. Each apartment has private rear access to a backyard and rear parking area. The property offers cash flow potential and long-term appreciation in a courthouse-area location. The property size is 3396 square feet and the lot size is 0 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Building Supply Nail Salon Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gate City
    County
    Scott
    State
    Virginia
    Longitude
    -82.595133
    Latitude
    36.63564

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with commercial space and two apartments.
    Where is this mixed-use property located?
    The property is located at 138 W Jackson St Gate City, VA.
    What is the asking price?
    The asking price for this property is $149,900.
    What are key features of this property?
    This property features: - Prime downtown location near the courthouse; - Two income-producing apartments provide immediate rental income; - High-potential main-level storefront ready for custom commercial build-out, boasting exposed brick and tall ceilings
    (423) 330-2174
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    Gate City, VA 24251
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    138 W Jackson St Gate City, VA 24251
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