$895,000
Gate City, VA 24251
MLS# 9955881
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Property Description
Discover a rare gem nestled in the heart of Gate City - a prime location property boasting an impressive 500+ feet of road frontage. With its prominent position and rich history as a former car dealership, this property holds immense potential for a variety of ventures, particularly retail or restaurant endeavors. Imagine the possibilities as you step onto this expansive canvas. The extensive road frontage ensures that your establishment will command attention and draw in foot traffic, creating a gateway to an exciting world of commerce and community engagement. The property's history as a car dealership adds a layer of character and versatility. The layout and design of the space provide a unique foundation for transforming it into a retail haven that captures the essence of innovation and consumer experience. Alternatively, envision the creation of a captivating restaurant, where patrons can indulge in delectable culinary offerings against a backdrop that exudes history and charm. ***Buyer to verify all information herein. All information is taken from the tax records and 3rd party information.***
Details
Maps
Location, Tax & Legal Info
Street #: 000
Street Name: Kane/Water
St Suffix: Street
County: Scott
State/Province: VA
Zip Code: 24251
Area: 509 - Scott County
Parcel ID: 146a7 9 1-21
City Taxes: 1303.17
County Taxes: 3159.2
Contract Info
Status: Active
Listing Price: 895000
Current Price: $895,000
Listing Date: 2023-08-22
Buyer Broker: Yes
Buyer Broker Comm: 3
Buyer Broker Comm Type: %
Foreclosure: No
Short Sale: No
Auction: No
General Property Description
Lease: No
Lot Size: see acres
Acres: 3.46
Zoning: Commercial/Ind.
HOA Y/N: No
Remarks & Misc
Public Remarks: Discover a rare gem nestled in the heart of Gate City - a prime location property boasting an impressive 500+ feet of road frontage. With its prominent position and rich history as a former car dealership, this property holds immense potential for a variety of ventures, particularly retail or restaurant endeavors. Imagine the possibilities as you step onto this expansive canvas. The extensive road frontage ensures that your establishment will command attention and draw in foot traffic, creating a gateway to an exciting world of commerce and community engagement. The property's history as a car dealership adds a layer of character and versatility. The layout and design of the space provide a unique foundation for transforming it into a retail haven that captures the essence of innovation and consumer experience. Alternatively, envision the creation of a captivating restaurant, where patrons can indulge in delectable culinary offerings against a backdrop that exudes history and charm. ***Buyer to verify all information herein. All information is taken from the tax records and 3rd party information.***
Directions: Heading toward Gate City follow US-421 N/US-58W and turn right onto US421 N/US 58 W. Follow US-421 N US-58 W 1.0 miles right onto Kane ST. The property will be on the left.
Property Features
Property Condition: Above Average
Business Type: Auto Dealer; Auto Service; Convenience Store; Restaurant
Exterior Finish: See Remarks
Other Equipment: Other
Electric Service: Other
Development Status: Cleared
Heating: None
AC: None
Water: Public
Sewer: See Remarks
Road Access: City Street
Info Available: Survey
Restrictions: Deed
Financing: Cash; Conventional
Sale Includes: Fee Simple
Listing Office: The Addington Agency Bristol
Last Updated: August - 24 - 2023
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Information deemed reliable but not guaranteed.