Freestanding Conventional
For Sale
$389,500
7786 Fancy Gap Hwy, Fancy Gap, VA 24328
Commercial Sale, Fancy Gap, VA
Property Size2,630 SF
Price / SF$148.10
Days on Market13
Property Features for 7786 Fancy Gap Hwy
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Comm/ Ind
Parking
10
Interior features
Public Restrooms
Lot features
Located in County
Directions
From I 77 take Exit 8 in Fancy Gap, take Chances Creek rd toward HWy 52. Turn right onto Hwy 52 South, the building will be on the right in .08 miles . It is located just before the Blue Ridge Parkway entrance.
Subdivision
Blue Ridge Parkway
Standard status
Active
Size
2,630 SF
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
930
Utilities
Sewer type
Public Sewer
Heating system
Heat Pump (Heating)
Cooling system
Heat Pump
Water source
Public
Building Details
Year built
1950
Flooring type
Tile
Building materials
Brick
Roof type
Metal
Listing Agency:
Kyle Realty, Inc.
(276) 236-6134
Listed By:
Trena Nichols · License #0225250181
(336) 210-0039
Added: Aug 10
Changed: Aug 22
Last Checked: Aug 22 at 8:06AM
MLS# 110566
Copyright © 2026 Southwest Virginia Association of Realtors. 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 2630-square-foot commercial property includes brick construction, tile flooring, public restrooms, a metal roof, and heat pump heating and cooling. Public water and public sewer serve the improvements. The property has a long operating history as a restaurant and includes existing restaurant infrastructure, with potential for retail, grocery, or other commercial use as described in the source information.
The property is located at 7786 Fancy Gap Hwy in Fancy Gap, Virginia, at the intersection of US 52 and the Blue Ridge Parkway. It is 1 mile from I 77 and approximately 15 minutes from Mt Airy, North Carolina. The site is positioned within a mountain travel corridor serving both through travelers and local visitors.
The property is located at 7786 Fancy Gap Hwy in Fancy Gap, Virginia, at the intersection of US 52 and the Blue Ridge Parkway. It is 1 mile from I 77 and approximately 15 minutes from Mt Airy, North Carolina. The site is positioned within a mountain travel corridor serving both through travelers and local visitors.
Key Highlights
- 2630 square feet of commercial improvements
- Located at the intersection of US 52 and the Blue Ridge Parkway
- 1 mile from I 77
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
48
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 24328, VA
1,999
Population
1,551
Households
1.3
Avg Household Size
54
Median Age
27%
College-Educated
92%
High-School Grad
38.2 sq mi
ZIP Area
52
Density / Sq Mi
$54,286
Median Household Income
$41,944
Median Earnings
$541
Median Rent
$168,800
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 - Brick improvements include public restrooms, tile flooring, and public water and sewer service.
Where is this conventional restaurant located?
The property is located at 7786 Fancy Gap Hwy Fancy Gap, VA.
What is the asking price?
The asking price for this property is $389,500.
What are key features of this property?
This property features: 2630 square feet of commercial improvements; Located at the intersection of US 52 and the Blue Ridge Parkway; 1 mile from I 77
