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

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Blue Ridge Properties Listing

114 West West Jackson Street, Gate City, VA 24251 (MLS #9992805)

Basic Information:

Bedrooms: 0

Full Bathrooms: 0

Half Bathrooms: 0

Type: Commercial Sale

Sub Type:

MLS Number: 9992805

Lot Acreage: 0.34000

Living Area: 24,345

Year Built:1906

Elementary School:

Middle School:

High School:

Public Remarks: 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 Courtesy:Greater Impact Realty Kingsport

More Listing Info:

AC:Heat Pump3: true

Business Type:BarTavernLounge: true

Business Type:ProfessionalOffice: true

Business Type:Restaurant: true

Business Type:Retail2: true

Contract Info:Foreclosure: No

Development Status:Infrastructure In: true

Development Status:See Remarks37: true

Easements:None12: true

Electric Service:220 Volts: true

Electric Service:Phase 3: true

Exterior Finish:Brick4: true

Exterior Finish:Stone Veneer: true

General Property Description:# Parking Spaces: 10

General Property Description:# Restrooms: 2

General Property Description:Acres: 0.34

General Property Description:Annual Lease: 0.0

General Property Description:HOA YN: No

General Property Description:Lease: No

General Property Description:Lot Size2: 79 x 173

General Property Description:Road Frontage Length: 79

General Property Description:Stories3: 2.0

General Property Description:Total SqFt Finished: 24345.0

General Property Description:Total SqFt Unfinished: 0.0

General Property Description:Zoning2: Comm

Heating:Heat Pump2: true

Info Available:Building Plan: true

Info Available:Floor Plan: true

Info Available:Investment Analysis: true

Info Available:License Included: true

Info Available:Other29: true

Info Available:See Remarks28: true

Location Tax Legal Info:City Taxes: 624.0

Location Tax Legal Info:ComplexInd Park: Town of Gate City Va

Location Tax Legal Info:County Taxes: 1514.0

Location Tax Legal Info:Deed Book #: 618

Location Tax Legal Info:Deed Page #: 1396

Location Tax Legal Info:Lot #: 1,2

Other Equipment:Delivery Doors: true

Other Equipment:Dishwasher2: true

Other Equipment:Display Window: true

Other Equipment:Handicap Access2: true

Other Equipment:Range2: true

Other Equipment:Refrigerator2: true

Property Condition:Above Average: true

Remarks Misc:Directions3: Take 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 Remarks7: 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.

Restrictions:See Remarks34: true

Road Access:City Street: true

Roof:RolledHot Mop: true

Sale Includes:Fee Simple: true

Sewer:Public Sewer: true

Utilities:Cable Connected3: true

Utilities:Electricity Connected: true

Utilities:Fiber Available: true

Utilities:Phone Connected: true

Utilities:Sewer Connected: true

Utilities:Water Connected: true

Water:Public: true