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    Gate City, VA Short Term Rental Properties for Sale

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    Weber City, VA Kingsport, TN Mount Carmel, TN
    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
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Gate City, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Commercial Property Near Hard Rock Casino
    $279,000
    1,160 SF
    Commercial Property Near Hard Rock Casino

    Mixed-use property near Hard Rock Casino with flexible zoning.

    102 Memorial Drive, Bristol, TN 37620

    View details
    Charming Duplex in Historic Kingsport
    $329,000
    2,592 SF
    Charming Duplex in Historic Kingsport

    Income-producing duplex near downtown Kingsport, Tennessee.

    722, 724 Holston Street, Kingsport, TN 37660

    View details
    Bristol Multifamily Investment Opportunity
    $425,000
    2,817 SF
    Bristol Multifamily Investment Opportunity

    Income-producing property near Hard Rock Casino with expansion potential.

    2412,14,16 Bradley Street, Bristol, VA 24201

    View details
    Turn-Key Kingsport Condo Investment
    $499,900
    2,969 SF
    Turn-Key Kingsport Condo Investment

    Three-unit condo in downtown Kingsport, fully furnished and remodeled.

    308 East Sullivan Street, Unit PT12, Kingsport, TN 37660

    View details

    Gate City, VA Short Term Rental Properties Market Trends and Statistics

    Explore 1 short term rental properties 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 short term rental 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

    Duplexes 1
    Short term rental 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 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%

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Scott County

    Residential Income

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