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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 Nickelsville, VA Duffield, VA Blountville, TN

Restaurant and Entertainment Mixed-Use Property

Updated: Mar 24

Restaurant and Entertainment Mixed-Use Property

114 W Jackson Street, Gate City, VA 24251

$1,450,000

24,345 sqft 0.34 AC lot

24,345‑square‑foot mixed‑use building on 0.34 acres at 114 W Jackson Street, Gate City, VA 24251
6,000‑square‑foot turnkey restaurant with liquor license and 1‑year‑old restaurant equipment
2,200‑square‑foot owners apartment with three bedrooms and two baths
Three‑level building includes concert stage, dance floor, lounge, vendor booths, and model race car track
Part of the second floor is unfinished for office space or additional apartments

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 20 Potential Opportunities for your consideration. Besides 1 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.

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 Restaurant with Bar Setup

Turnkey Restaurant with Bar Setup

0-750 Old Stage Rd, Church Hill, TN 37642

$180,000

2,400 sqft

Fully equipped restaurant property with commercial kitchen gear, dining area, and a fully functioning bar, near Highway 11W.

Equipped Restaurant and Entertainment Venue

Equipped Restaurant and Entertainment Venue

750 Old Stage Road, Church Hill, TN 37642

$180,000

2,400 sqft 0.54 AC lot

B-3-zoned restaurant with commercial kitchen equipment, dining furnishings, bar service, and entertainment improvements.

Riverside Hospitality and Flex Opportunity

Riverside Hospitality and Flex Opportunity

1833-1837 NETHERLAND INN RD, Kingsport, TN 37660

Contact for pricing

8,129 sqft

Two buildings on Kingsport's Holston River corridor.

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.

Commercial Land with Road Exposure

Commercial Land with Road Exposure

606 Hollis Street, Kingsport, TN 37660

$199,900

0.99 AC lot

The parcel carries B3 zoning and has water available.

B-4 Commercial Land with Three-Sided Frontage

B-4 Commercial Land with Three-Sided Frontage

189 S Central Avenue, Church Hill, TN 37642

$650,000

24.90 AC lot

B-4 zoning, public utilities, and three-sided road access support a range of commercial development possibilities.

Commercial Land with Road Frontage

Commercial Land with Road Frontage

Boones Creek Road, Johnson City, TN 37615

$1,265,000

1.33 AC lot

B4-zoned parcel with public water, public sewer, and interstate visibility.

Commercial Land Near Bristol Speedway

Commercial Land Near Bristol Speedway

Volunteer Parkway, Bristol, TN 37620

$100,000

0.70 AC lot

0.7 acres of commercial land with road frontage.

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.

101 Jackson St

RESTAURANT

101 Jackson St, Gate City, VA 24251-3400

$230,000

Estimated value

2,730 sqft

527 Kane St

RESTAURANT

527 Kane St, Gate City, VA 24251-2745

$295,000

Estimated value

1,025 sqft 0.72 AC lot

201 Jackson St

RESTAURANT

201 Jackson St, Gate City, VA 24251-4127

$65,000

Estimated value

2,250 sqft 0.12 AC lot

247 Kane St

RESTAURANT

247 Kane St, Gate City, VA 24251-3427

$1,985,000

Estimated value

2,725 sqft 0.88 AC lot

295 Kane St

RESTAURANT

295 Kane St, Gate City, VA 24251-3427

$290,000

Estimated value

1,895 sqft 1.06 AC lot

2256 Daniel Boone Rd

RESTAURANT

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

$180,000

Estimated value

1,200 sqft 0.56 AC lot

137 Water St

RESTAURANT

137 Water St, Gate City, VA 24251

$190,000

Estimated value

936 sqft 0.26 AC lot

597 Kane St

RESTAURANT

597 Kane St, Gate City, VA 24251-2745

$250,000

Estimated value

2,338 sqft

557 Kane St

RESTAURANT

557 Kane St, Gate City, VA 24251-2745

$295,000

Estimated value

3,162 sqft 0.53 AC lot

241 Gtwy Plz

RESTAURANT

241 Gtwy Plz, Gate City, VA 24251-3350

$640,000

Estimated value

4,440 sqft 1.45 AC lot

432 Bishop St

RESTAURANT

432 Bishop St, Gate City, VA 24251

$255,000

Estimated value

60 sqft 0.40 AC lot

Gate City, VA Restaurants Market Trends and Statistics

Explore 12 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 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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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	$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%

Listings Trend

New vs delisted commercial listings in Scott County

New Delisted

Total CRE Inventory on Market (SF)

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