2537 4th E Ave Big Stone Gap, VA 24219-3601
This exceptional 14,307 square foot mixed-use building in Big Stone Gap, Virginia, presents a compelling investment opportunity. Situated on a 0.61-acre lot, this three-story Class B building boasts a prime location across from the Frontier Health Independence Center and near local schools. Currently configured with a ground floor podiatry practice (equipment potentially included in sale), a vacant second floor (suitable for various uses), and a fully equipped third-floor fitness center (included in sale), this property offers significant flexibility. The building features six bathrooms (two with showers), a concrete vault with a steel door, two stairwells, and four entry/exit points. Additional amenities include three-phase power, ground floor heat pumps, a metal roof, brick exterior, and ample paved parking. The building is zoned B-1 and is outside Big Stone Gap town limits. With 100% occupancy and a price of $1,144,560 ($81.75/sq ft, $26,385/acre), this property is ideal for owner-users seeking to expand their existing medical practice, or for investors looking for a versatile commercial space. Potential uses include a medical clinic with added physical therapy, a community center, an educational or training facility, a faith-based organization, or an event space. The property's size, location, and existing infrastructure make it a highly attractive investment. The attached floor plan provides further detail on the building's layout.
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Andrew J. Chapman, DPM Medical Clinic
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Family Foot & Ankle Clinic Medical Clinic
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.