Pennington Gap, VA Mixed-use properties for sale

Updated: Jul 10, 2025

Mixed-Use Property with Apartment

5239 Us Hwy 421, Pennington Gap, VA 24277

$120,000

2,000 sqft 0.50 AC lot

2,000‑square‑foot mixed‑use building on a 0.5‑acre lot
Upper‑level 2‑bedroom, 1‑bath apartment with updated electrical
Apartment is separately metered from the lower level
Two garage bays, each with a large rear storage room
Secondary water and sewer hookups included

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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 7 Potential Opportunities for your consideration. Besides 1 Active listings in Pennington Gap, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 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.

Mixed-Use Building with Apartments

106 Kentucky Avenue, Appalachia, VA 24216

$115,000

7,164 sqft 0.60 AC lot

Commercial-zoned property combines two storefronts, office space, a garage, and upstairs residential units.

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Mixed-Use Building with Apartments

A-106 Kentucky Ave, Appalachia, VA 24216

$115,000

7,164 sqft

Two retail fronts, an office, garage, and upper-level apartments support multiple occupancy configurations.

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Mixed-Use Property with Four Rentals

13070 N Us Highway 119, Totz, KY 40870

$439,000

2.70 AC lot

Commercial building and residential rentals create a combined mixed-use configuration.

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Mixed-Use Property with Four Rentals

13070 N U.S. 119, Totz, KY 40870

$439,000

6,084 sqft 2.72 AC lot

Includes a commercial building and four residential rentals on a shared parcel.

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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

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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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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Pennington Gap, VA Mixed-Use Properties Market Trends and Statistics

Explore 1 mixed-use properties for sale in Pennington Gap, VA on our real estate platform. These investment opportunities span a total of 2,000 square feet of properties for sale, with an estimated market value of $120,000.

Sale prices for multi use buildings in Pennington Gap, VA average $120,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Pennington Gap, VA Mixed-use Properties for Sale

5239 Us Hwy 421, Pennington Gap, VA 24277