Gate City VA Real Estate & Commercial for Sale

4 Properties Found

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Beds:
n/a
Baths:
Sq.Ft.:
24,345
Status:
Active
MLS#:
9992805
Type:
General Commercial
Subdivision:
Not In Subdivision
Lot size:
0.34 Acres
Year built:
1906
A broker reciprocity listing Courtesy: Greater Impact Realty Kingsport 423-530-7185
View additional info

ADDITIONAL INFORMATION

Step into a rare opportunity with this landmark property, a 24,000+ sq. ft. building that stands as one of the largest and most prominent structures in historic Gate City. Spanning three impressive levels, this property offers unlimited potential for commercial, residential, or mixed-use ventures. Currently, the main and lower levels feature an exciting blend of entertainment and hospitality spaces, including a fully equipped restaurant and bar, a concert stage and dance floor perfect for live events, a comfortable lounge area, several vendor booths for retail opportunities and a large model race car track complete with its own refreshment bar, a one-of-a-kind local attraction. The building has brand new electric power including panels and meter, all brand new plumbing including water from the meter, new sewer line to Street, brand new air conditioning, facade restoration, brand new windows in rear of building and recently replaced front windows, seven brand new bathrooms, turnkey restaurant with liquor license covering 6,000 square feet, all restorations done within the last 2 years, 2200 ft owners apartment with three bedrooms and two baths, all restaurant equipment is 1 year old, instant hot water for entire building with electric backup tank. Owner is willing to sell a partial ownership with the idea of converting top two floors to a boutique hotel or Airbnb. Part of the second floor is unfinished and ready for the new owner's vision of office space or additional apartments. Newly installed large windows flood the space with natural light while framing breathtaking views of the surrounding mountains and the storied Gate City gap, known as the historic ''Gateway to the West'' once traveled by Daniel Boone. Significant updates include all new electrical wiring brought up to code, new recessed lighting and a new heat pump system for efficient climate control. Whether you envision a vibrant mixed-use destination, a boutique entertainment venue, or luxury loft residences, this building provides the space and location to make it happen. Endless potential meets historic charm -- right in the heart of Gate City.

Beds:
n/a
Baths:
Sq.Ft.:
1,400
Status:
Active
MLS#:
9990785
Type:
General Commercial
Subdivision:
Not Listed
Lot size:
0.07 Acres
Year built:
1896
A broker reciprocity listing Courtesy: Blue Ridge Properties 423-247-4181
View additional info

ADDITIONAL INFORMATION

Step into timeless charm paired with modern functionality in this beautifully renovated historic building, ideally located off of Water Street beside the newly developed Gate City Park. This property has been thoughtfully restored from top to bottom, seamlessly blending character with contemporary updates to suit a wide range of commercial uses including office, medical, salon, studio, or professional services. The interior offers three spacious private rooms, each with excellent storage, providing flexibility for multiple offices or treatment spaces. Two half baths add convenience for staff and clients, while the full kitchen makes daily operations comfortable and efficient. Ample on-site parking enhances accessibility, a rare find in such a prime location. Surrounded by new development and steady foot traffic, this turnkey property offers visibility, convenience, and long-term value in a growing area. A unique opportunity to own a fully renovated historic space in one of the city's most desirable locations.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
9985187
Type:
General Commercial
Subdivision:
Not In Subdivision
Lot size:
1.71 Acres
A broker reciprocity listing Courtesy: CENTURY 21 Legacy Fort Henry 423-239-6112
View additional info

ADDITIONAL INFORMATION

Discover a rare gem nestled in the heart of Gate City! A prime location property boasting impressive road frontage, with its prominent position and history as a former car dealership, this property holds immense potential for a variety of ventures such as retail complex, office/professional building or restaurant space. *Buyer to verify all information herein. All information taken from the tax records and 3rd party information.*

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
9985186
Type:
General Commercial
Subdivision:
Not In Subdivision
Lot size:
1.76 Acres
A broker reciprocity listing Courtesy: CENTURY 21 Legacy Fort Henry 423-239-6112
View additional info

ADDITIONAL INFORMATION

Discover a rare gem nestled in the heart of Gate City, a prime location property with impressive road footage. With is prominent position and history as a former car dealership, this property holds immense potential for a variety of ventures including retail or office space or restaurant endeavors. *Buyer to verify all information herein. All information taken from tax records and 3rd party information.*

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Andrea D. Conner, License 344441, Xome Inc., License 262361, [email protected], 844-400-XOME (9663), 751 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

All information provided is deemed reliable but is not guaranteed and should be independently verified. Such information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



Gate City Real Estate

Gate City is located in Virginia. Gate City, Virginia has a population of 1,908. Gate City is more family-centric than the surrounding county with 27.59% of the households containing married families with children. The county average for households married with children is 27.07%.

The median household income in Gate City, Virginia is $36,773. The median household income for the surrounding county is $42,561 compared to the national median of $69,021. The median age of people living in Gate City is 46.6 years.

Gate City Weather

The average high temperature in July is 86.1 degrees, with an average low temperature in January of 25 degrees. The average rainfall is approximately 45.2 inches per year, with 9.9 inches of snow per year.

Gate City Map

Gate City Real Estate Market Conditions

  • Median sales price

    $197,000
    22.5%
    change since last quarter
  • # Active listings

    44
    30-day change

Gate City Schools and Demographics

Education near Gate City, VA

City County
High School Graduates 87.12 82
College Degree - 2 year 10.9 10.95
College Degree - 4 year 32.2 14.05
Graduate Degree 10.12 4.22
Expenditures per Student 11,470 11,470
Students per Teacher 13.7 13.7

Elementary Schools near Gate City, VA

Grades Students P/T Ratio ZIP
Duffield-Pattonsville Primary School PK - 04 390 19.5 24244
Fort Blackmore Primary School PK - 03 86 14.4 24250
Hilton Elementary School PK - 06 162 12.3 24258
Shoemaker Elementary School PK - 06 568 15.9 24251
Weber City Elementary School PK - 06 331 19.2 24290
Yuma Elementary School KG - 06 184 14 24251

Middle Schools near Gate City, VA

Grades Students P/T Ratio ZIP
Gate City Middle School 07 - 09 516 16.4 24251
Rye Cove Intermediate School 05 - 07 150 11.5 24244

High Schools near Gate City, VA

Grades Students P/T Ratio ZIP
Gate City High School 10 - 12 487 15 24251
Rye Cove High School 08 - 12 313 15.9 24244

Ungraded Schools near Gate City, VA

Grades Students P/T Ratio ZIP
Renaissance/Scott County UG - UG 0 24251
Scott County Career and Technical Center UG - UG 0 24251
Stem for Life Governor's Academy UG - UG 0 24244

Demographics near Gate City, VA

City County
Neighborhood Type Small town
Population 1,908 21,576
Population Density 479 40
Median Age 46.6 47.2
People per Household 2.2 2.4
Median Household Income 36,773 42,561
Average Income per Capita 27,990 24,214

Real estate near Gate City