Mixed-Use

Gate City, VA Mixed-use Properties for Sale

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Three-Level Mixed-Use Building
Updated: Mar 24
Three-Level Mixed-Use Building

114 W Jackson Street, Gate City, VA 24251

$1,450,000
24,345 sqft 0.34 AC lot
24345‑square‑foot mixed‑use building on 0.34 acres
Three‑level property built in 1906
6,000‑square‑foot restaurant with liquor license
2,200‑square‑foot owners apartment with three bedrooms and two baths
Concert stage, dance floor, lounge, vendor booths, and model race car track
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1 active listing matches your search: Mixed-Use for sale in Gate City, VA. Based on your search, we've also compiled 7 Potential Opportunities for your consideration: 4 properties in nearby cities and 3 land listings with development potential.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Historic Mixed-Use Building
Historic Mixed-Use Building

402 Wood Avenue, Big Stone Gap, VA 24219

$699,000
10,980 sqft

A commercial occupant operates on the ground floor, with four two-bedroom apartments above used for short-term stays.

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Mixed-Use Building with Apartments
Mixed-Use Building with Apartments

402 Wood Ave E, Big Stone Gap, VA 24219

$699,000
10,980 sqft

A street-level brewery tenant operates below four furnished apartments used for short-term stays.

View details
5-Unit Strip Mall
5-Unit Strip Mall

733 W Stone Drive, Kingsport, TN 37660

$1,265,000
8,760 sqft  Built 2004  1.04 acres
31,000 VPD  Corner location  Road access

Five distinct spaces offer flexibility for retail, office, service, or owner-operated business use.

34 spaces
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Mixed-Use Commercial Property Portfolio
Mixed-Use Commercial Property Portfolio

233 E Sullivan St, Kingsport, TN 37660

$384,000
Built 1917  Multi-tenant

Includes retail storefronts, office spaces, and residential units within a downtown Opportunity Zone.

Opportunity Zone
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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land with Block Building
Commercial Land with Block Building

1018 Martin Luther King Jr. Drive, Kingsport, TN 37660

$108,000
2,450 sqft

Level commercial parcel with an existing block structure, public utilities, and PVD zoning for mixed-use development.

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Commercial Land with Interstate Access
Commercial Land with Interstate Access

1216 W Shipley Ferry Road, Kingsport, TN 37663

$650,000
12.24 acres

B-3 and PBD-3 zoning supports commercial and business park uses.

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Commercial Corner Land
Commercial Corner Land

211 Forest Circle, Jonesborough, TN 37659

$699,000
2.7 acres

Flat, cleared site with multiple access points and an existing ice cream parlor with outdoor seating.

View details

Gate City, VA Mixed-Use Properties Market Trends and Statistics

Explore 1 mixed-use properties for sale in Gate City, VA on our real estate platform. These investment opportunities span a total of 24,345 square feet of properties for sale, with an estimated market value of $1,450,000.

Sale prices for multi use buildings in Gate City, VA average $1,450,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 7,976
Population Growth (5Y) -5.1%
Median Household Income $44,990
College Educated 24.4%

High-Yield Neighborhoods for Investment

Identify Gate City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
24251 $1.5M

Taxes & Financing

Tax Rate (average for all types) 0.75%
Property Tax per SF $8.86 per SF
Tax Rate vs County Average 0.01 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Scott County

New Delisted

Total CRE Inventory on Market (SF)

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