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Restaurant and Store with Covered Porch
For Sale
$789,900

231 E 5th Street, Big Stone Gap, VA 24219

Commercial Sale, Big Stone Gap, VA

Property Size6,200 SF
Lot Size0.60 Acres
Price / SF$127.40
Days on Market29

Property Features for 231 E 5th Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning GB
Directions From Gilley Ave Exit into Big Stone. Travel approx 0.6 miles down Gilley Ave into Town of Big Stone Gap. At bottom of hill, Property is situated at the red light.
Subdivision 506 - Wise County
Standard status Active
APN 000280
Size 6,200 SF
Lot size 0.60 Acres

Taxes and HOA fees

Tax Annual Amount 2227

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

full bar area
walk-in coolers/freezers
separate storefront
propane service
large signage

Building Details

Year built 2015
Building materials Brick, Wood Siding
Roof type Metal, Shingle
Listing Agency: Park Hill Realty Group, LLC
Listed By: Robert Smith · License #0225262208, 384142
Added: Aug 10 Changed: Aug 19 Last Checked: Sep 7 at 9:06PM
MLS# 9999323

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.

Investment Insights

Based on property information with market context.

This 6,200-square-foot restaurant and retail property occupies 0.6 acres and was built in 2015. The restaurant includes vaulted ceilings, wood finishes, booth and table seating, a full bar area, and a covered front porch. Operational features include a commercial kitchen, walk-in coolers and freezers, and dedicated food-service areas. A separate storefront has previously served as a convenience and country store, providing additional interior space for retail or related business use. The property is zoned GB and includes a large roadside sign, central heating and air conditioning, public water, public sewer, and a combination brick and wood-sided exterior. Metal and shingle roofing are present. The address is 231 E 5th Street in Big Stone Gap, Virginia, along an entry route into town with visibility to passing traffic. A parking lot directly across from the store may also be available for lease as additional parking, subject to separate terms.

Key Highlights

  • 6,200‑square‑foot restaurant and retail property on 0.6 acres
  • Restaurant constructed in 2015 with vaulted ceilings, wood finishes, booth and table seating
  • Commercial kitchen with walk‑in coolers and freezers

Property Analytics

Current Use

KD’s Lunchbox Department Store Southwest Firehouse Cafe Restaurant LibertyX Bitcoin ATM Atm ATM Atm

Suggested Use

Top Pick Dental Office Plumbing Service Kitchen & Bath Showroom Storage Facility (Bike/Boat/Book/etc) Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

402
Businesses Nearby
48k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Groceries 45% Shops & Services 38% Dining 15% Electronics 2%
Food City Groceries
19,010 visits/mo 0.3 miles
Hardee's Dining
7,038 visits/mo 0.3 miles
Family Dollar Shops & Services
6,258 visits/mo 0.3 miles
Dollar General Shops & Services
4,946 visits/mo 0.4 miles
Truist Shops & Services
3,901 visits/mo 0.2 miles

Demographics for 24219, VA

10,429
Population
4,473
Households
2.3
Avg Household Size
42
Median Age
16%
College-Educated
85%
High-School Grad
72.8 sq mi
ZIP Area
143
Density / Sq Mi
$52,303
Median Household Income
$31,661
Median Earnings
$808
Median Rent
$161,300
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant property with a separate storefront, commercial kitchen, dining area, and covered outdoor seating.
Where is this conventional restaurant located?
The property is located at 231 E 5th Street Big Stone Gap, VA.
What is the asking price?
The asking price for this property is $789,900.
What are key features of this property?
This property features: 6,200‑square‑foot restaurant and retail property on 0.6 acres; Restaurant constructed in 2015 with vaulted ceilings, wood finishes, booth and table seating; Commercial kitchen with walk‑in coolers and freezers
More about this property
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