Restaurant with Separate
New
For Sale
$789,900
231 E 5th Street, Big Stone Gap, VA 24219
COMMERCIAL - Big Stone Gap, VA
Property Size6,200 SF
Lot Size0.60 Acres
Price / SF$127.40
Days on Market2
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
covered front porch
full bar area
walk-in coolers/freezers
food service areas
propane service
outdoor covered seating
large signage
Building Details
Year built
2015
Building materials
Brick, Wood Siding
Roof type
Shingle, Metal
Listing Agency:
Park Hill Realty Group, LLC
(423) 530-5224
Listed By:
Robert Smith · License #0225262208, 384142
(276) 870-7096
Added: Aug 10
Last Checked: Aug 11 at 5:06PM
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.
Located at 231 E 5th Street in Big Stone Gap, this 6,200-square-foot restaurant property sits on 0.6 acres and includes a separate storefront. The restaurant was built in 2015 and features wood finishes, vaulted ceilings, booth and table seating, a covered front porch, bar area, full commercial kitchen, walk-in coolers and freezers, and dedicated food service areas. Brick and wood siding, central heating, central air, shingle and metal roofing, public water, and public sewer are also present.
The additional storefront has previously operated as a convenience and country store. The property is zoned GB and includes a large roadside sign and outdoor covered seating. The current owner is open to a buyer continuing the existing operation with employees in place, subject to the terms of sale and applicable approvals. Business operations, equipment, inventory, licenses, and propane operations are also subject to those terms.
The additional storefront has previously operated as a convenience and country store. The property is zoned GB and includes a large roadside sign and outdoor covered seating. The current owner is open to a buyer continuing the existing operation with employees in place, subject to the terms of sale and applicable approvals. Business operations, equipment, inventory, licenses, and propane operations are also subject to those terms.
Key Highlights
- 6,200‑square‑foot restaurant and storefront on 0.6 acres
- Restaurant constructed in 2015 with vaulted ceilings, booth and table seating, and a covered front porch
- Full commercial kitchen with walk‑in coolers/freezers and food service areas
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
402
Businesses Nearby
48k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant property with commercial kitchen, covered seating, and an additional retail area.
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 storefront on 0.6 acres; Restaurant constructed in 2015 with vaulted ceilings, booth and table seating, and a covered front porch; Full commercial kitchen with walk‑in coolers/freezers and food service areas
