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114 West West Jackson Street, Gate City, VA 24251 - $1,500,000

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Bedrooms: 0 Full Bathrooms: 0 Half Bathrooms: 0
Type: Commercial Sale Sub Type: MLS Number: 9992805
Living Area: 24,345 Lot Acreage: 0 Year Built: 1906
Elementary School: Middle School: High School:
Property Description
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 third floor is under construction, designed for up to six loft apartments that will showcase original exposed brick walls, offering rustic character and timeless charm. 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.
Listing Status
Active
  • More Listing Info
    AC:Heat Pump3true
    Business Type:BarTavernLoungetrue
    Business Type:ProfessionalOfficetrue
    Business Type:Restauranttrue
    Business Type:Retail2true
    Contract Info:ForeclosureNo
    Development Status:Infrastructure Intrue
    Development Status:See Remarks37true
    Easements:None12true
    Electric Service:220 Voltstrue
    Electric Service:Phase 3true
    Exterior Finish:Brick4true
    Exterior Finish:Stone Veneertrue
    General Property Description:# Parking Spaces10
    General Property Description:# Restrooms2
    General Property Description:Acres0.34
    General Property Description:Annual Lease0.0
    General Property Description:HOA YNNo
    General Property Description:LeaseNo
    General Property Description:Lot Size279 x 173
    General Property Description:Road Frontage Length79
    General Property Description:Stories32.0
    General Property Description:Total SqFt Finished24345.0
    General Property Description:Total SqFt Unfinished0.0
    General Property Description:Zoning2Comm
    Heating:Heat Pump2true
    Info Available:Building Plantrue
    Info Available:Floor Plantrue
    Info Available:Investment Analysistrue
    Info Available:License Includedtrue
    Info Available:Other29true
    Info Available:See Remarks28true
    Location Tax Legal Info:City Taxes624.0
    Location Tax Legal Info:ComplexInd ParkTown of Gate City Va
    Location Tax Legal Info:County Taxes1514.0
    Location Tax Legal Info:Deed Book #618
    Location Tax Legal Info:Deed Page #1396
    Location Tax Legal Info:Lot #1,2
    Other Equipment:Delivery Doorstrue
    Other Equipment:Dishwasher2true
    Other Equipment:Display Windowtrue
    Other Equipment:Handicap Access2true
    Other Equipment:Range2true
    Other Equipment:Refrigerator2true
    Property Condition:Above Averagetrue
    Remarks Misc:Directions3Take US-23 to Gate City and turn onto Kane St., travel on Kane St. into town and the building is on the west side of Jackson St. which is the ''main street'' into downtown Gate City.
    Remarks Misc:Public Remarks7Step 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 third floor is under construction, designed for up to six loft apartments that will showcase original exposed brick walls, offering rustic character and timeless charm. 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.
    Restrictions:See Remarks34true
    Road Access:City Streettrue
    Roof:RolledHot Moptrue
    Sale Includes:Fee Simpletrue
    Sewer:Public Sewertrue
    Utilities:Cable Connected3true
    Utilities:Electricity Connectedtrue
    Utilities:Fiber Availabletrue
    Utilities:Phone Connectedtrue
    Utilities:Sewer Connectedtrue
    Utilities:Water Connectedtrue
    Water:Publictrue
    Videos: (none)
    Virtual Tours: (none)
Listing Courtesy:
Greater Impact Realty Kingsport
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