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    Gate City, VA
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    Gate City, VA Residential Income 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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    Two Homes in Gate City
    $315,700
    2,206 SF

    Two Homes in Gate City

    289 Hilton Road, Gate City, VA 24251

    Two homes on a one-acre lot in Gate City, VA.

    • Two Homes on One Lot: Includes a 2‑story home and a remodeled double‑wide.
    • Multiple Garages: Features a 2‑car garage with doors, a single‑car garage, and another 2‑car garage.
    • 5‑Bedroom Home: The main 2‑story home offers 5 bedrooms and 2 bathrooms.
    • Remodeled Double Wide: The double wide includes 2 bedrooms, 2 full baths, den, living room, eat‑in kitchen, and sun porch.
    • Individual Septic Systems: Each home has its own septic system.
    Updated: Apr 24, 2025
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    Spacious Mixed-Use Redevelopment Opportunity
    $250,000
    22,074 SF

    Spacious Mixed-Use Redevelopment Opportunity

    Large commercial building with apartments, ideal for mixed-use development.

    143 W Jackson Street, Gate City, VA 24251
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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 3 Active listings in Gate City, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, 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 Multifamily Investment Opportunity
    $500,000
    5,100 SF

    Kingsport Multifamily Investment Opportunity

    Six-unit multifamily property with value-add potential and existing cash flow.

    2008 Bloomingdale Road, Kingsport, TN 37660
    View details
    Kingsport Multifamily Investment Opportunity
    $865,000
    0.36 Acres

    Kingsport Multifamily Investment Opportunity

    Six income-producing units across three parcels in Kingsport, Tennessee.

    1530 Woodland Avenue, Kingsport, TN 37665
    View details
    Kingsport Multi-Family Investment Opportunity
    $234,995
    0.17 Acres

    Kingsport Multi-Family Investment Opportunity

    Multi-family property with three rental units in Kingsport, Tennessee.

    1108 Fairview Avenue, Kingsport, TN 37660
    View details
    Kingsport Investment Opportunity
    $234,995
    0.17 Acres

    Kingsport Investment Opportunity

    Two buildings with three rental units in Kingsport, Tennessee.

    1108 Fairview Avenue, Kingsport, TN 37660
    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.

    Yuma Valley Corner Lot
    Contact for pricing
    0.86 Acres

    Yuma Valley Corner Lot

    Corner lot in Yuma Valley, Gate City, VA.

    Yuma Road, Gate City, VA 24251
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    Cleared Land in Gate City
    $74,500
    6.50 Acres

    Cleared Land in Gate City

    6.5 acres of cleared land with convenient access.

    E Carters Valley Road, Gate City, VA 24251
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    Residential Land in Gate City, VA
    Contact for pricing
    0.69 Acres

    Residential Land in Gate City, VA

    Two residential lots suitable for building or placing a doublewide.

    22 & 23 Spring Valley Circle, Gate City, VA 24251
    View details
    Kingsport Land Parcel for Development
    $210,000
    14.20 Acres

    Kingsport Land Parcel for Development

    14.2 acre parcel rezoned R-3, potential for 160 units.

    Granby Road, Kingsport, TN 37665
    View details

    Off-Market Properties in Gate City, VA

    Consider similar Off-Market properties in Gate City, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Creek Frd
    Land
    Lot: 105.24 Acres
    Value Estimation by Request
    Creek Frd

    0 Creek Frd, Gate City, VA 24251

    View details

    Gate City, VA Residential Income Properties Investment Opportunities Market Analysis

    Explore 4 residential income properties for sale in Gate City, VA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 48,625 square feet of properties for sale, with an estimated market value of $2,015,700.

    Sale prices for residential income properties in Gate City, VA start at $250,000, averaging $671,900, 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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    Top Commercial Asset Segments

    Multifamily properties 3
    Apartment buildings 1
    Duplexes 1
    Short term rental properties 1
    Single family properties 1

    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 median listing prices of real estate assets

    Neighborhood Average Price
    24251 $671.9K

    Taxes & Financing

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

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