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Bedrooms: 0
Full Bathrooms: 0
Half Bathrooms: 0
Type: Commercial Sale
Sub Type:
MLS Number: 9988481
Lot Acreage: 0.00000
Living Area: 3,396
Year Built:1906
Elementary School:
Middle School:
High School:
Public Remarks: High-potential mixed-use property in downtown Gate City. 138 features a gutted storefront on the main level with exposed brick and tall ceilings, ready for a custom commercial build-out tailored to retail, restaurant, studio, or office needs. The second floor includes two finished apartments—one a two-bedroom, one-bath unit and the other a one-bedroom, one-bath unit—both offering immediate rental income. Each apartment has private rear access leading to a backyard and rear parking area, creating desirable separation and convenience for tenants. With two income-producing residential units already in place and a main-level commercial space ready for redevelopment, this property offers strong cash flow potential and excellent long-term appreciation in a prime courthouse-area location. Can be bought alone, or with 132 West Jackson Street. All information deemed reliable but not guaranteed.
Listing Courtesy:Century 21 Legacy
AC:Ceiling Fan(s): true
AC:Heat Pump3: true
AC:Window Unit(s): true
Business Type:Other33: true
Business Type:ProfessionalOffice: true
Business Type:Restaurant: true
Business Type:Retail2: true
Contract Info:Foreclosure: No
Development Status:Cleared2: true
Easements:None12: true
Electric Service:220 Volts: true
Exterior Finish:Brick4: true
General Property Description:# Parking Spaces: 0.0
General Property Description:# Restrooms: 45
General Property Description:Acres: 0.0
General Property Description:Annual Lease: 0.0
General Property Description:HOA YN: No
General Property Description:Lease: No
General Property Description:Lot Size2: 53x175
General Property Description:Road Frontage Length: 53
General Property Description:Total SqFt Finished: 3396.0
General Property Description:Total SqFt Unfinished: 0.0
General Property Description:Zoning2: Commercial
Heating:Baseboard: true
Heating:Fireplace(s): true
Heating:Heat Pump2: true
Info Available:Deed Restrictions: true
Location Tax Legal Info:City Taxes: 352.77
Location Tax Legal Info:County Taxes: 823.13
Location Tax Legal Info:Deed Book #: 622
Location Tax Legal Info:Deed Page #: 1628
Other Equipment:Cable TV2: true
Other Equipment:Display Window: true
Other Equipment:Exterior Lights: true
Other Equipment:Inside Storage: true
Other Equipment:Smoke Detector(s)2: true
Property Condition:Above Average: true
Property Condition:Average: true
Remarks Misc:Directions3: Downtown Gate City on W Jackson St. to 132 on the right.
Remarks Misc:Public Remarks7: High-potential mixed-use property in downtown Gate City. 138 features a gutted storefront on the main level with exposed brick and tall ceilings, ready for a custom commercial build-out tailored to retail, restaurant, studio, or office needs. The second floor includes two finished apartments—one a two-bedroom, one-bath unit and the other a one-bedroom, one-bath unit—both offering immediate rental income. Each apartment has private rear access leading to a backyard and rear parking area, creating desirable separation and convenience for tenants. With two income-producing residential units already in place and a main-level commercial space ready for redevelopment, this property offers strong cash flow potential and excellent long-term appreciation in a prime courthouse-area location. Can be bought alone, or with 132 West Jackson Street. All information deemed reliable but not guaranteed.
Restrictions:Deed: true
Road Access:City Street: true
Road Access:Highway: true
Road Access:Township Road: true
Roof:Metal3: true
Sale Includes:Business Only: true
Sewer:Public Sewer: true
Water:Public: true