Mixed-Use

Gate City, VA Mixed-use Properties for Sale

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Landmark Gate City Mixed-Use Property
Updated: Mar 24
Landmark Gate City Mixed-Use Property

114 W Jackson Street, Gate City, VA 24251

$1,450,000
24,345 sqft 0.34 AC lot
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.
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 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.

Downtown Redevelopment Office Building
Downtown Redevelopment Office Building

300 Broad St, Kingsport, TN 37660

Contact for pricing
63,300 sqft

Large red iron steel building with brand-new roof, sprinkler system, and multiple exterior and interior access points.

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Former Bank Building in Norton
Former Bank Building in Norton

702 Park Avenue, Norton, VA 24273

$420,000
19,345 sqft 0.50 AC lot

Downtown Norton former bank building with redevelopment potential.

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Mixed-Use Property on Main Thoroughfare
Mixed-Use Property on Main Thoroughfare

904 Park Ave NW, Norton, VA 24273

Contact for pricing
33,700 sqft

Mixed-use property with retail and office/apartment space.

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Mixed-Use Property Near Downtown Kingsport
Mixed-Use Property Near Downtown Kingsport

227 E Sullivan St, Kingsport, TN 37660

Contact for pricing
4,356 sqft

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

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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.

71 Acres Mixed-Use Development Land
71 Acres Mixed-Use Development Land

Shipp Springs Road, Kingsport, TN 37660

$2,100,000
70.16 AC lot

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

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Kingsport Commercial Lot For Sale
Kingsport Commercial Lot For Sale

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

$108,000
2,450 sqft 0.29 AC lot

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

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Kingsport Land Development Opportunity
Kingsport Land Development Opportunity

1216 W Shipley Ferry Road, Kingsport, TN 37663

$495,800
12.24 AC lot

12+ acre parcel near I-81 and TN-36 in Kingsport, TN.

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Prime Land Near Interstate 26
Prime Land Near Interstate 26

370 Roy Martin Road, Johnson City, TN 37615

Contact for pricing
37.00 AC lot

Undeveloped land with high visibility and accessibility for commercial development.

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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%

Total CRE Inventory on Market (SF)

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