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Gate City, VA

Restaurants

Gate City, VA Restaurants for Sale

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Weber City, VA Kingsport, TN Church Hill, TN Fort Blackmore, VA Hiltons, VA Duffield, VA Nickelsville, VA Blountville, TN

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.

Commercial Property in Gate City

Updated: Aug 30, 2025

Commercial Property in Gate City

Kane Street, Gate City, VA 24251

$450,000

1.76 AC lot

Prime location in Gate City
High road frontage offers excellent visibility
Potential for retail, office space, or restaurant
Public water source
Public sewer

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 2 Active listings in Gate City, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 11 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.

Turn-Key Gas Station and Deli

Turn-Key Gas Station and Deli

219 Fordtown Road, Fall Branch, TN 37656

$765,000

3,960 sqft 0.49 AC lot

Profitable gas station, deli, and apartment in Fall Branch.

Downtown Tavern and Distillery Building

Downtown Tavern and Distillery Building

215 Commerce St, Kingsport, TN 37660

$980,000

6,500 sqft

For sale 6,500 SF downtown building occupied by a tavern with commercial kitchen and a craft distillery.

Turnkey Kitchen & Bar Hospitality Building

Turnkey Kitchen & Bar Hospitality Building

215-223 Commerce Street, Kingsport, TN 37660

$2,295,000

17,750 sqft

Historic downtown building with a turnkey commercial kitchen and bar build-out, plus drive-in capable overhead doors.

Turnkey Convenience Store and Gas Station

Turnkey Convenience Store and Gas Station

219 Fordtown Rd, Fall Branch, TN 37656

$765,000

3,960 sqft

Turnkey store includes a gas station, on-site deli, and an upstairs 4-bedroom apartment with an active renter.

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.

Kingsport Commercial Land Opportunity

Kingsport Commercial Land Opportunity

606 Hollis Street, Kingsport, TN 37660

$199,900

0.99 AC lot

Prime commercial land in Kingsport with high visibility.

Kingsport Commercial Land For Sale

Kingsport Commercial Land For Sale

4260 W Stone Drive, Kingsport, TN 37660

$299,900

0.68 AC lot

Commercial site in the heart of Kingsport with high visibility.

24.94 Acres Commercial Land

24.94 Acres Commercial Land

189 S Central Avenue, Church Hill, TN 37642

$699,000

24.90 AC lot

24.94 acres with high traffic and commercial potential.

Zoned Auto Garage and Shop Property

Zoned Auto Garage and Shop Property

109 Meadow St, Bristol, TN 37620

$1,249,900

3.69 AC lot

Four connected parcels zoned B-3 with two garages, including one with an upstairs finished apartment.

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.

RESTAURANT

101 Jackson St, Gate City, VA 24251-3400

Value Estimation by Request

2,730 sqft

RESTAURANT

527 Kane St, Gate City, VA 24251-2745

Value Estimation by Request

1,025 sqft 0.72 AC lot

RESTAURANT

201 Jackson St, Gate City, VA 24251-4127

Value Estimation by Request

2,250 sqft 0.12 AC lot

RESTAURANT

247 Kane St, Gate City, VA 24251-3427

$2,175,000

Estimated value

2,725 sqft 0.88 AC lot

RESTAURANT

295 Kane St, Gate City, VA 24251-3427

Value Estimation by Request

1,895 sqft 1.06 AC lot

2256 Daniel Boone Rd

RESTAURANT

2256 Daniel Boone Rd, Gate City, VA 24251-2857

Value Estimation by Request

1,200 sqft 0.56 AC lot

RESTAURANT

137 Water St, Gate City, VA 24251

Value Estimation by Request

936 sqft 0.26 AC lot

RESTAURANT

597 Kane St, Gate City, VA 24251-2745

Value Estimation by Request

2,338 sqft

RESTAURANT

557 Kane St, Gate City, VA 24251-2745

Value Estimation by Request

3,162 sqft 0.53 AC lot

RESTAURANT

241 Gtwy Plz, Gate City, VA 24251-3350

$640,000

Estimated value

4,440 sqft 1.45 AC lot

RESTAURANT

432 Bishop St, Gate City, VA 24251

Value Estimation by Request

60 sqft 0.40 AC lot

Gate City, VA Restaurants Market Trends and Statistics

Explore 13 restaurants 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 restaurant properties in Gate City, VA start at $1,450,000, averaging $1,450,000, 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

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	$950K

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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