$149,950
Gate City, VA 24251
MLS# 9988483
Status: Closed
2168 sqft
1 / 17
Property Description
Outstanding investment opportunity in the heart of downtown Gate City. 132 offers a fully finished and immediately leasable storefront on the main level, providing strong potential for retail, office, or professional use. The upper level has been completely gutted and is ready for renovation, offering excellent flexibility for an investor. This space could be converted into an additional apartment, expanded commercial space, office or studio use, or even storage depending on the needs of the future tenant. The upstairs also includes private rear access to a backyard and rear parking area, adding convenience and future value. With solid brick construction, high visibility, and close proximity to the courthouse, this building presents a prime opportunity for both current income and long-term upside. Can be bought alone or in All information deemed reliable but not guaranteed.
Details
Maps
Location, Tax & Legal Info
Parcel ID: 146a7 A 221
Deed Book #: 622
Deed Page #: 1628
City Taxes: 352.77
County Taxes: 823.13
Contract Info
List Price/SqFt: 69.14
Foreclosure: No
Short Sale: No
Auction: No
Status: Closed
Listing Price: 149900
Current Price: $149,950
Listing Date: 2025-11-19
General Property Description
Road Frontage Length: 53
Acres: 0.21
Lease: No
Lot Size: 53x175
Zoning: Commercial
HOA Y/N: No
Total SqFt Finished: 2168
Total SqFt Unfinished: 0
# Parking Spaces: 0
# Restrooms: 45
Annual Lease $: 0
Year Built: 1906
Total SqFt: 2168
Remarks & Misc
Public Remarks: Outstanding investment opportunity in the heart of downtown Gate City. 132 offers a fully finished and immediately leasable storefront on the main level, providing strong potential for retail, office, or professional use. The upper level has been completely gutted and is ready for renovation, offering excellent flexibility for an investor. This space could be converted into an additional apartment, expanded commercial space, office or studio use, or even storage depending on the needs of the future tenant. The upstairs also includes private rear access to a backyard and rear parking area, adding convenience and future value. With solid brick construction, high visibility, and close proximity to the courthouse, this building presents a prime opportunity for both current income and long-term upside. Can be bought alone or in
All information deemed reliable but not guaranteed.
Directions: Downtown Gate City on W Jackson St. to 132 on the right.
Property Condition
Below Average: 1
Business Type
Professional/Office: 1
Restaurant: 1
Retail: 1
Other: 1
Exterior Finish
Brick: 1
Other Equipment
Cable TV: 1
Display Window: 1
Exterior Lights: 1
Inside Storage: 1
Smoke Detector(s): 1
Roof
Metal: 1
Road Access
City Street: 1
Highway: 1
Township Road: 1
Electric Service
220 Volts: 1
Development Status
Cleared: 1
Heating
Baseboard: 1
Fireplace(s): 1
Heat Pump: 1
Info Available
Deed Restrictions: 1
AC
Ceiling Fan(s): 1
Heat Pump: 1
Window Unit(s): 1
Water
Public: 1
Sewer
Public Sewer: 1
Restrictions
Deed: 1
Easements
None: 1
Financing
Cash: 1
Conventional: 1
Sale Includes
Business Only: 1
Location Tax Legal Info
Street #: 132
St Direction: West
Street Name: Jackson
St Suffix: Street
County: Scott
State/Province: VA
Zip Code: 24251
Area: 509 - Scott County
Status Change Info
Date Pending: 2025-12-30
Sold Date: 2026-01-30
Sold Price: $149,950
Property Features
Property Condition: Below Average
Business Type: Professional/Office; Restaurant; Retail; Other
Exterior Finish: Brick
Other Equipment: Cable TV; Display Window; Exterior Lights; Inside Storage; Smoke Detector(s)
Roof: Metal
Electric Service: 220 Volts
Development Status: Cleared
Heating: Baseboard; Fireplace(s); Heat Pump
AC: Ceiling Fan(s); Heat Pump; Window Unit(s)
Water: Public
Sewer: Public Sewer
Road Access: City Street; Highway; Township Road
Info Available: Deed Restrictions
Restrictions: Deed
Easements: None
Financing: Cash; Conventional
Sale Includes: Business Only
Listing Office: CENTURY 21 Legacy
Last Updated: January - 30 - 2026
Information deemed reliable but not guaranteed.