40518 W Morgan Ave, Pennington Gap, VA 24277

Building Details

Year Built

1998

Listing office t***@ira-realty.com Show Phone

Listing date Jun 25, 2026

Source Ira-realty

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Overview

This metal frame building is approximately 8,500 square feet and includes about 5,500 square feet that is partially built out for a medical clinic. The clinic layout provides offices, waiting rooms, and conference rooms, supporting use as an office-based healthcare practice or similar professional service configuration. An additional 2,500 to 3,000 square feet is available for a separate tenant or storage.

The property is located at 40518 W Morgan Ave in Pennington Gap, Virginia. The former tenant was impacted when the merging of the Wellmont and Ballad hospital systems halted the prior occupancy. The building includes a loading dock, and the property is zoned B-3.

With B-3 zoning, the space is described as having potential for a wide range of business uses, including storefront professional office spaces and retail strip center development, as well as options such as grocery or convenience concepts, drug store, hardware store, barber and beauty shop, and public building uses. For medical office tenants, the existing clinic buildout elements may reduce early work by providing a ready framework of offices, waiting areas, and meeting space.

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Pharmacy

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

Location Insight

• Map
• Local Demand

City

Pennington Gap

County

Lee

State

Virginia

Longitude

-83.0459554

Latitude

36.7498116

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FAQs

What type of property is this?

Medical Office Space - Partially built medical clinic space plus additional area with a loading dock, all within B-3 zoning.

Where is this medical office space located?

The property is located at 40518 W Morgan Ave Pennington Gap, VA.

What is the lease rate?

The lease rate is $449,000.

What are key features of this property?

This property features: Former Sears building on 0.608 acres with an 8,500 SF metal frame building (built in 1998).; Approximately 5,500 SF partially built out for a medical clinic with offices, waiting rooms, and conference rooms.; Additional 2,500–3,000 SF available for a separate tenant or storage, with a loading dock.