231 5th ST, Big Stone Gap, VA 24219
231 5th ST, Big Stone Gap, VA 24219
231 5th ST, Big Stone Gap, VA 24219
231 5th ST, Big Stone Gap, VA 24219
231 5th ST, Big Stone Gap, VA 24219
231 5th ST, Big Stone Gap, VA 24219
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$ 789,900
Est. payment | /mo

6,200 SqFt


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$ 789,900
Est. payment | /mo
Save

6,200 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 6,200 sqft

Price per Sqft $127

MLS Listing ID 9999323

HOA Y/N No

Total Fin. Sqft 6200

Year Built 2015

Lot Size 0.600 Acres

Acres 0.6

Lot Dimensions 0.6

Source Tennessee/Virginia Regional MLS

Property Description

Turnkey business opportunity at the gateway to Big Stone Gap! This established country-style restaurant and store offers the character, visibility, and versatility that are increasingly hard to find. Positioned along a highly traveled entry route into town, the property benefits from excellent exposure and an existing business that a new owner can step right into--or reimagine into a small-town business of their own.

The restaurant portion was constructed within the last few years and features a warm, rustic atmosphere with beautiful wood finishes, vaulted ceilings, booth and table seating, a spacious covered front porch, and a full bar area perfect for dining, entertainment, and gathering. Behind the scenes, the property is equipped with a full commercial kitchen, walk-in coolers/freezers, food service areas, and ample space to support an established restaurant operation.

But the opportunity doesn't stop with the restaurant. The property also includes a separate storefront that has previously operated as a convenience/country store, providing additional potential for retail, grab-and-go items, local goods, or specialty merchandise. The property currently offers propane service and has also become a destination for seasonal flowers, plants, and décor, creating multiple ways to generate income from one location.

Outdoor covered seating adds even more charm and usable space, while the property's distinctive roadside presence and large signage provide exceptional visibility to passing traffic.

For the buyer looking for a true turnkey opportunity, the current owner is open to a new owner taking over the existing operation with employees in place, offering the chance to continue an already established local business. Or bring your own vision and transform this unique property into the restaurant, market, entertainment venue, retail concept, or small-town destination you've always wanted.

The infrastructure is here. The character is already built in. The location puts you in front of the traffic. Now it's ready for its next chapter.

Large parking lot directly across from store potentially available for lease as extra parking.

Business operations, employees, equipment, inventory, licenses, propane operations, and other items subject to the terms of sale and applicable approvals.

Location

State VA

County Wise

Area 0.6

Zoning GB

Direction From Gilley Ave Exit into Big Stone. Travel approx 0.6 miles down Gilley Ave into Town of Big Stone Gap. At bottom of hill, Property is situated at the red light.

Interior

Heating Central

Cooling Central Air

Equipment Additional Building(s), Freezer, Furniture

Heat Source Central

Exterior

Roof Type Metal,Shingle

Road Frontage City Street

Building

Sewer Public Sewer

Water Public

Structure Type Brick,Wood Siding

Others

Senior Community No

Tax ID 000280

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Robert Smith • Park Hill Realty Group, LLC

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231 5th ST