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231 East 5th Street

Big Stone Gap VA 24219
MLS #9999323 · Listing Courtesy of Park Hill Realty Group, LLC
$789,900
Active
6,200
Sq Ft
0.6
Acres
2015
Built
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Property Description
Turnkey business opportunity at the gateway to Big Stone Gap! This established country-style restaurant and store offers the character, visibility, and versatility that are increasingly hard to find. Positioned along a highly traveled entry route into town, the property benefits from excellent exposure and an existing business that a new owner can step right into--or reimagine into a small-town business of their own. The restaurant portion was constructed within the last few years and features a warm, rustic atmosphere with beautiful wood finishes, vaulted ceilings, booth and table seating, a spacious covered front porch, and a full bar area perfect for dining, entertainment, and gathering. Behind the scenes, the property is equipped with a full commercial kitchen, walk-in coolers/freezers, food service areas, and ample space to support an established restaurant operation. But the opportunity doesn't stop with the restaurant. The property also includes a separate storefront that has previously operated as a convenience/country store, providing additional potential for retail, grab-and-go items, local goods, or specialty merchandise. The property currently offers propane service and has also become a destination for seasonal flowers, plants, and décor, creating multiple ways to generate income from one location. Outdoor covered seating adds even more charm and usable space, while the property's distinctive roadside presence and large signage provide exceptional visibility to passing traffic. For the buyer looking for a true turnkey opportunity, the current owner is open to a new owner taking over the existing operation with employees in place, offering the chance to continue an already established local business. Or bring your own vision and transform this unique property into the restaurant, market, entertainment venue, retail concept, or small-town destination you've always wanted. The infrastructure is here. The character is already built in. The location puts you in front of the traffic. Now it's ready for its next chapter. Large parking lot directly across from store potentially available for lease as extra parking. Business operations, employees, equipment, inventory, licenses, propane operations, and other items subject to the terms of sale and applicable approvals.
Property Facts
Property TypeCommercial Sale
MLS Number9999323
City Taxes$1,419.88
County Taxes$2,226.63
Features & Amenities
Interior
Additional Building(s)
Central Air
Central Heating
Freezer
Furniture
Exterior
Brick Exterior
City Street
Metal Roof
Shingle Roof
Wood Siding Exterior
Other
440 Volts
Convenience Store
Distribution
Public Sewer
Public Water
Restaurant
Retail
Directions
From Gilley Ave Exit into Big Stone. Travel approx 0.6 miles down Gilley Ave into Town of Big Stone Gap. At bottom of hill, Property is situated at the red light.
  • Additional Information
    Contract Info
    ForeclosureNo
    Development Status
    See RemarksYes
    General Property Description
    Annual Lease0
    HOANo
    LeaseNo
    Lot Size0.6
    Total Finished SqFt6,200
    Unfinished SqFt0
    ZoningGB
    Info Available
    OtherYes
    Restrictions
    OtherYes
    Sale Includes
    See RemarksYes
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