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    Gate City, VA
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    Gate City, VA Restaurants 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
    View details
    Commercial Property in Gate City
    $450,000
    1.76 Acres

    Commercial Property in Gate City

    Kane Street, Gate City, VA 24251

    Prime location with road frontage, suitable for retail/office/restaurant.

    • Prime location in Gate City
    • High road frontage offers excellent visibility
    • Potential for retail, office space, or restaurant
    • Public water source
    • Public sewer
    Updated: Aug 30, 2025
    View details
    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.

    Kingsport Land For Sale
    Contact for pricing
    0.45 Acres

    Kingsport Land For Sale

    Corner lot ideal for quick-serve restaurants on busy Stone Drive.

    1401 W Stone Drive, Kingsport, TN 37660
    View details
    Restored Store with Historical Charm
    $90,000
    1,700 SF

    Restored Store with Historical Charm

    Charming, restored store with potential for various business ventures.

    3500 Mabe Stanleytown Road, Duffield, VA 24244
    View details
    Riverside Hospitality and Flex Opportunity
    $799,000
    8,129 SF

    Riverside Hospitality and Flex Opportunity

    Two buildings on Kingsport's Holston River corridor.

    1833-1837 NETHERLAND INN RD, Kingsport, TN 37660
    View details
    Restored General Store Opportunity
    $90,000
    1,700 SF

    Restored General Store Opportunity

    Charming, restored market/deli/general store with historical significance.

    3500 Mabe Stanleytown Rd, Duffield, VA 24244
    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.

    Kingsport Commercial Land Opportunity
    $199,900
    0.99 Acres

    Kingsport Commercial Land Opportunity

    Prime commercial land in Kingsport with high visibility.

    606 Hollis Street, Kingsport, TN 37660
    View details
    Kingsport Commercial Land For Sale
    $299,900
    0.68 Acres

    Kingsport Commercial Land For Sale

    Commercial site in the heart of Kingsport with high visibility.

    4260 W Stone Drive, Kingsport, TN 37660
    View details
    24.94 Acres Commercial Land
    $699,000
    24.90 Acres

    24.94 Acres Commercial Land

    24.94 acres with high traffic and commercial potential.

    189 S Central Avenue, Church Hill, TN 37642
    View details
    Kingsport Land Near Interstate Exit
    $79,900
    2.32 Acres

    Kingsport Land Near Interstate Exit

    2.3 acre commercial land parcel near I-81 exit.

    Fordtown Road, Kingsport, TN 37663
    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.

    101 Jackson St
    RESTAURANT
    2,730 SF
    Value Estimation by Request

    101 Jackson St, Gate City, VA 24251-3400

    View details
    527 Kane St
    RESTAURANT
    1,025 SF Lot: 0.72 Acres
    Value Estimation by Request

    527 Kane St, Gate City, VA 24251-2745

    View details
    201 Jackson St
    RESTAURANT
    2,250 SF Lot: 0.12 Acres
    Value Estimation by Request

    201 Jackson St, Gate City, VA 24251-4127

    View details
    247 Kane St
    RESTAURANT
    2,725 SF Lot: 0.88 Acres
    Estimated value
    $2,175,000

    247 Kane St, Gate City, VA 24251-3427

    View details
    295 Kane St
    RESTAURANT
    1,895 SF Lot: 1.06 Acres
    Value Estimation by Request

    295 Kane St, Gate City, VA 24251-3427

    View details
    2256 Daniel Boone Rd
    RESTAURANT
    1,200 SF Lot: 0.56 Acres
    Value Estimation by Request

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

    View details
    137 Water St
    RESTAURANT
    936 SF Lot: 0.26 Acres
    Value Estimation by Request

    137 Water St, Gate City, VA 24251

    View details
    597 Kane St
    RESTAURANT
    2,338 SF
    Value Estimation by Request

    597 Kane St, Gate City, VA 24251-2745

    View details
    557 Kane St
    RESTAURANT
    3,162 SF Lot: 0.53 Acres
    Value Estimation by Request

    557 Kane St, Gate City, VA 24251-2745

    View details
    241 Gtwy Plz
    RESTAURANT
    4,440 SF Lot: 1.45 Acres
    Estimated value
    $640,000

    241 Gtwy Plz, Gate City, VA 24251-3350

    View details
    432 Bishop St
    RESTAURANT
    60 SF Lot: 0.40 Acres
    Value Estimation by Request

    432 Bishop St, Gate City, VA 24251

    View details

    Gate City, VA Restaurants Investment Opportunities Market Analysis

    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

    Conventional restaurants 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 $950K

    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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