Gate City, VA
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    Gate City, VA Mixed-use Properties for Sale

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    Weber City, VA Kingsport, TN Hiltons, VA
    Landmark Gate City Mixed-Use Property
    $1,450,000
    24,345 SF
    Landmark Gate City Mixed-Use Property

    114 W Jackson Street, Gate City, VA 24251

    Large, historic building with commercial, residential, and mixed-use potential.
    • Landmark 24,000+ sq. ft. building with unlimited potential in historic Gate City.
    • Turnkey restaurant with a liquor license covering 6,000 square feet and all equipment only 1 year old.
    • Substantial recent renovations including new electrical, plumbing, sewer line, air conditioning, facade restoration, windows, and seven bathrooms.
    • Includes a 2,200 sq. ft. owner's apartment with three bedrooms and two baths.
    • Unique entertainment and hospitality spaces including a concert stage, dance floor, lounge, vendor booths, and a model race car track.
    Updated: Mar 24
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    Spacious Mixed-Use Redevelopment Opportunity
    $250,000
    22,074 SF
    Spacious Mixed-Use Redevelopment Opportunity

    143 W Jackson Street, Gate City, VA 24251

    Large commercial building with apartments, ideal for mixed-use development.
    • Expansive commercial building offering flexible space for diverse business, mixed‑use, or redevelopment opportunities.
    • Upper level features 5 apartments with separate entrance, offering income potential upon renovation.
    • Includes a basement, providing additional space for storage or expansion.
    • Landmark property with a history as a movie theater and antique shop.
    • Brick construction and rubber roof.
    Updated: Jan 10
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Gate City, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Kingsport Land I-26 Interchange Site
    $1,250,000
    5.00 Acres
    Kingsport Land I-26 Interchange Site

    5 acre site at I-26 and W. Stone Drive.

    724 Plantation Road, Kingsport, TN 37660

    View details
    Versatile Investment Opportunity in Mount Carmel
    $389,900
    2,250 SF
    Versatile Investment Opportunity in Mount Carmel

    Income-producing property with development potential in a prime location.

    200 & 202 W Main Street, Mount Carmel, TN 37645

    View details
    Mixed-Use Property Near Downtown Kingsport
    $1,100,000
    4,356 SF
    Mixed-Use Property Near Downtown Kingsport

    Income-producing property with commercial and residential units in Kingsport, TN.

    227 E Sullivan St, Kingsport, TN 37660

    View details
    Versatile MX-2 Zoned Land
    $389,000
    2,250 SF
    Versatile MX-2 Zoned Land

    Large lot with development potential and rental income.

    200 & 202 Main Street, Mount Carmel, TN 37645

    View details

    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.

    71 Acres Mixed-Use Development Land
    $2,100,000
    70.16 Acres
    71 Acres Mixed-Use Development Land

    71 acres for mixed-use development in Kingsport, Tennessee.

    Shipp Springs Road, Kingsport, TN 37660

    View details
    Kingsport Land Parcel on Stone
    $2,100,000
    48.00 Acres
    Kingsport Land Parcel on Stone

    Undeveloped 48-acre parcel with high traffic location and road frontage.

    E Stone Drive, Kingsport, TN 37660

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    Kingsport Land Parcel For Sale
    $2,100,000
    48.00 Acres
    Kingsport Land Parcel For Sale

    48 acre parcel with road frontage in high traffic area.

    E Stone Drive, Kingsport, TN 37660

    View details
    Kingsport Commercial Lot For Sale
    $108,000
    2,450 SF
    Kingsport Commercial Lot For Sale

    Multi-purpose block building on a commercial lot in Kingsport, TN.

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

    View details

    Gate City, VA Mixed-Use Properties Investment Opportunities Market Analysis

    Explore 2 mixed-use properties for sale in Gate City, VA on our real estate platform. These investment opportunities span a total of 46,419 square feet of properties for sale, with an estimated market value of $1,700,000.

    Sale prices for multi use buildings in Gate City, VA start at $250,000, averaging $850,000, and reaching up to $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 $850K

    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%

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Scott County

    Residential Income

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