Historic Mixed-Use
New
For Sale
$699,000
402 Wood Avenue, Big Stone Gap, VA 24219
Commercial Sale, Big Stone Gap, VA
Property Size10,980 SF
Price / SF$63.66
Days on Market3
Property Features for 402 Wood Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C
Subdivision
Not In Subdivision
Directions
Downtown Big Stone Gap, across from Federal building on corner
Standard status
Active
APN
001924
Size
10,980 SF
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Taxes and HOA fees
Tax Annual Amount
1639
Utilities
Sewer type
Public Sewer
Heating system
Heat Pump (Heating)
Cooling system
Heat Pump
Water source
Public
Building Details
Year built
1900
Building materials
Block, Stone Veneer
Roof type
Rubber
Buildings
1
Listing Agency:
ReMax Mountain
Listed By:
Amy Hubbard · License #0225229270
(276) 393-3241
Added: Oct 25
Changed: Oct 26
Last Checked: Oct 27 at 7:06PM
MLS# 10002597
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.
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Investment Insights
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Built in 1900, this 10,980-square-foot mixed-use building combines ground-floor commercial occupancy with four upstairs apartments. Each apartment has two bedrooms and one bathroom and is furnished for short-term rental use. Big Cherry Brewery occupies the commercial level. The building has a block and stone veneer exterior, a rubber roof, and heat pump heating and cooling. Public water and public sewer serve the property, which is zoned C.
At 402 Wood Avenue in downtown Big Stone Gap, the building is identified as the only one on the 400 block to remain standing after the 1908 fire. Its former uses included businesses at street level and federal courthouse and town offices upstairs through 1912. The current arrangement includes a commercial tenant and four short-term rental apartments.
At 402 Wood Avenue in downtown Big Stone Gap, the building is identified as the only one on the 400 block to remain standing after the 1908 fire. Its former uses included businesses at street level and federal courthouse and town offices upstairs through 1912. The current arrangement includes a commercial tenant and four short-term rental apartments.
Key Highlights
- 10,980‑square‑foot mixed‑use building
- Four upstairs apartments, each with two bedrooms and one bathroom
- Big Cherry Brewery occupies the ground‑floor commercial space
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
406
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A commercial occupant operates on the ground floor, with four two-bedroom apartments above used for short-term stays.
Where is this mixed-use property located?
The property is located at 402 Wood Avenue Big Stone Gap, VA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 10,980‑square‑foot mixed‑use building; Four upstairs apartments, each with two bedrooms and one bathroom; Big Cherry Brewery occupies the ground‑floor commercial space
