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Property Description
Exceptional mixed-use investment package in the heart of historic downtown Gate City. Together, 132 and 138 offer multiple income streams, value-add potential, and excellent visibility just steps from the courthouse. 132 features a fully finished and immediately leasable storefront on the main level, ideal for retail, office, or professional services. The upper level has been completely gutted and is ready for renovation, offering outstanding flexibility for an investor to create an additional apartment, expanded commercial space, studio, or storage area. This level also includes private rear access to a backyard and rear parking area. 138 offers even more opportunity with a gutted main-level storefront showcasing exposed brick and tall ceilings, ready for a custom commercial build-out. The second floor includes two finished apartments—one two-bedroom, one-bath unit and one one-bedroom, one-bath unit—both of which are income-producing and have private rear access to the backyard and parking area. With three potential or existing residential units, two commercial storefronts, multiple private entrances, and room for redevelopment and expansion, this package provides immediate revenue with significant long-term upside. Properties in this location rarely come available together, making this a unique opportunity to own a substantial portion of downtown Gate City's commercial corridor. All information deemed reliable but not guaranteed.

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