# 114 W Jackson Street, Gate City, VA 24251 > **TL;DR:** commercial, $1,450,000 ($60/sqft), built 1906, 24,345 sqft. > A/C. Est. $7,755/mo. Listed 224 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,450,000 | | Price/sqft | $60 | | Square Feet | 24,345 | | Year Built | 1906 | | Lot Size | 14,810 sqft (0.34 acres) | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 224 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $7,332 | | Estimated Insurance | $423 | | **Total** | **$7,755** | ## Key Amenities - A/C ## Property Highlights - Built in 1906 - 0.34 acre lot - 10 parking spaces ## Description ### Agent Description Step into a rare opportunity with this landmark property, a 24,000+ sq. ft. building that stands as one of the largest and most prominent structures in historic Gate City. Spanning three impressive levels, this property offers unlimited potential for commercial, residential, or mixed-use ventures. Currently, the main and lower levels feature an exciting blend of entertainment and hospitality spaces, including a fully equipped restaurant and bar, a concert stage and dance floor perfect for live events, a comfortable lounge area, several vendor booths for retail opportunities and a large model race car track complete with its own refreshment bar, a one-of-a-kind local attraction. The building has brand new electric power including panels and meter, all brand new plumbing including water from the meter, new sewer line to Street, brand new air conditioning, facade restoration, brand new windows in rear of building and recently replaced front windows, seven brand new bathrooms, turnkey restaurant with liquor license covering 6,000 square feet, all restorations done within the last 2 years, 2200 ft owners apartment with three bedrooms and two baths, all restaurant equipment is 1 year old, instant hot water for entire building with electric backup tank. Owner is willing to sell a partial ownership with the idea of converting top two floors to a boutique hotel or Airbnb. Part of the second floor is unfinished and ready for the new owner's vision of office space or additional apartments. Newly installed large windows flood the space with natural light while framing breathtaking views of the surrounding mountains and the storied Gate City gap, known as the historic ''Gateway to the West'' once traveled by Daniel Boone. Significant updates include all new electrical wiring brought up to code, new recessed lighting and a new heat pump system for efficient climate control. Whether you envision a vibrant mixed-use destination, a boutique entertainment venue, or luxury loft residences, this building provides the space and location to make it happen. Endless potential meets historic charm -- right in the heart of Gate City. ## Location - **Address:** 114 W Jackson Street, Gate City, VA 24251 - **County:** Scott - **Neighborhood:** Not In Subdivision - **Coordinates:** 36.639067, -82.579717 - **Google Maps:** https://www.google.com/maps?q=36.639067,-82.579717 ## Listing Agent - **Name:** Billy Vermillion · **License:** 366377 - **Brokerage:** Greater Impact Realty Kingsport - **Broker Phone:** (423) 530-7185 ## Photos ![114 W Jackson Street - Photo 1](http://lh.rdcpix.com/dc051ec61df1f4684425125d5b90bc5el-f3354562496r.jpg) ![114 W Jackson Street - Photo 2](http://lh.rdcpix.com/dc051ec61df1f4684425125d5b90bc5el-f3250087137r.jpg) ![114 W Jackson Street - Photo 3](http://lh.rdcpix.com/dc051ec61df1f4684425125d5b90bc5el-f858768789r.jpg) ![114 W Jackson Street - Photo 4](http://lh.rdcpix.com/dc051ec61df1f4684425125d5b90bc5el-f3843140118r.jpg) ![114 W Jackson Street - Photo 5](http://lh.rdcpix.com/dc051ec61df1f4684425125d5b90bc5el-f1432704238r.jpg) ![114 W Jackson Street - Photo 6](http://lh.rdcpix.com/dc051ec61df1f4684425125d5b90bc5el-f1348068403r.jpg) ![114 W Jackson Street - Photo 7](http://lh.rdcpix.com/dc051ec61df1f4684425125d5b90bc5el-f723332983r.jpg) ![114 W Jackson Street - Photo 8](http://lh.rdcpix.com/dc051ec61df1f4684425125d5b90bc5el-f3145951728r.jpg) ![114 W Jackson Street - Photo 9](http://lh.rdcpix.com/dc051ec61df1f4684425125d5b90bc5el-f1150982120r.jpg) ![114 W Jackson Street - Photo 10](http://lh.rdcpix.com/dc051ec61df1f4684425125d5b90bc5el-f246229489r.jpg) ![114 W Jackson Street - Photo 11](http://lh.rdcpix.com/dc051ec61df1f4684425125d5b90bc5el-f938170257r.jpg) ![114 W Jackson Street - Photo 12](http://lh.rdcpix.com/dc051ec61df1f4684425125d5b90bc5el-f955407574r.jpg) ![114 W Jackson Street - Photo 13](http://lh.rdcpix.com/dc051ec61df1f4684425125d5b90bc5el-f2946056132r.jpg) ![114 W Jackson Street - Photo 14](http://lh.rdcpix.com/dc051ec61df1f4684425125d5b90bc5el-f808238459r.jpg) ![114 W Jackson Street - Photo 15](http://lh.rdcpix.com/dc051ec61df1f4684425125d5b90bc5el-f1108032447r.jpg) ![114 W Jackson Street - 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Photo 26](http://lh.rdcpix.com/dc051ec61df1f4684425125d5b90bc5el-f1293993505r.jpg) ![114 W Jackson Street - Photo 27](http://lh.rdcpix.com/dc051ec61df1f4684425125d5b90bc5el-f1544288600r.jpg) ![114 W Jackson Street - Photo 28](http://lh.rdcpix.com/dc051ec61df1f4684425125d5b90bc5el-f3869160870r.jpg) ![114 W Jackson Street - Photo 29](http://lh.rdcpix.com/dc051ec61df1f4684425125d5b90bc5el-f3671361702r.jpg) ![114 W Jackson Street - Photo 30](http://lh.rdcpix.com/dc051ec61df1f4684425125d5b90bc5el-f1250508170r.jpg) ![114 W Jackson Street - Photo 31](http://lh.rdcpix.com/dc051ec61df1f4684425125d5b90bc5el-f823012054r.jpg) ![114 W Jackson Street - Photo 32](http://lh.rdcpix.com/dc051ec61df1f4684425125d5b90bc5el-f1223209880r.jpg) ![114 W Jackson Street - Photo 33](http://lh.rdcpix.com/dc051ec61df1f4684425125d5b90bc5el-f2244074035r.jpg) ![114 W Jackson Street - Photo 34](http://lh.rdcpix.com/dc051ec61df1f4684425125d5b90bc5el-f3307194743r.jpg) ![114 W Jackson Street - Photo 35](http://lh.rdcpix.com/dc051ec61df1f4684425125d5b90bc5el-f2310028945r.jpg) ![114 W Jackson Street - Photo 36](http://lh.rdcpix.com/dc051ec61df1f4684425125d5b90bc5el-f2422804703r.jpg) ![114 W Jackson Street - Photo 37](http://lh.rdcpix.com/dc051ec61df1f4684425125d5b90bc5el-f2509396902r.jpg) ![114 W Jackson Street - Photo 38](http://lh.rdcpix.com/dc051ec61df1f4684425125d5b90bc5el-f2784200026r.jpg) ![114 W Jackson Street - Photo 39](http://lh.rdcpix.com/dc051ec61df1f4684425125d5b90bc5el-f3266755956r.jpg) ![114 W Jackson Street - Photo 40](http://lh.rdcpix.com/dc051ec61df1f4684425125d5b90bc5el-f1750657920r.jpg) ![114 W Jackson Street - Photo 41](http://lh.rdcpix.com/dc051ec61df1f4684425125d5b90bc5el-f1907353265r.jpg) ![114 W Jackson Street - Photo 42](http://lh.rdcpix.com/dc051ec61df1f4684425125d5b90bc5el-f775357374r.jpg) ![114 W Jackson Street - Photo 43](http://lh.rdcpix.com/dc051ec61df1f4684425125d5b90bc5el-f1677257881r.jpg) ![114 W Jackson Street - Photo 44](http://lh.rdcpix.com/dc051ec61df1f4684425125d5b90bc5el-f2835838055r.jpg) ![114 W Jackson Street - Photo 45](http://lh.rdcpix.com/dc051ec61df1f4684425125d5b90bc5el-f918213025r.jpg) ![114 W Jackson Street - Photo 46](http://lh.rdcpix.com/dc051ec61df1f4684425125d5b90bc5el-f2881198979r.jpg) ![114 W Jackson Street - Photo 47](http://lh.rdcpix.com/dc051ec61df1f4684425125d5b90bc5el-f963588532r.jpg) ![114 W Jackson Street - Photo 48](http://lh.rdcpix.com/dc051ec61df1f4684425125d5b90bc5el-f4095812400r.jpg) ![114 W Jackson Street - Photo 49](http://lh.rdcpix.com/dc051ec61df1f4684425125d5b90bc5el-f1355698597r.jpg) ![114 W Jackson Street - Photo 50](http://lh.rdcpix.com/dc051ec61df1f4684425125d5b90bc5el-f2802053904r.jpg) ![114 W Jackson Street - Photo 51](http://lh.rdcpix.com/dc051ec61df1f4684425125d5b90bc5el-f1195339982r.jpg) ![114 W Jackson Street - Photo 52](http://lh.rdcpix.com/dc051ec61df1f4684425125d5b90bc5el-f3489017937r.jpg) ![114 W Jackson Street - Photo 53](http://lh.rdcpix.com/dc051ec61df1f4684425125d5b90bc5el-f1962590517r.jpg) ![114 W Jackson Street - Photo 54](http://lh.rdcpix.com/dc051ec61df1f4684425125d5b90bc5el-f2990926839r.jpg) ![114 W Jackson Street - Photo 55](http://lh.rdcpix.com/dc051ec61df1f4684425125d5b90bc5el-f806489878r.jpg) ![114 W Jackson Street - Photo 56](http://lh.rdcpix.com/dc051ec61df1f4684425125d5b90bc5el-f802606902r.jpg) --- **MLS#:** 9992805 | **Updated:** 2026-10-20 **Source:** listhub *Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/114-w-jackson-street-gate-city-va-24251-c1e6fbf298d045a698a5af7abe028a04) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/114-w-jackson-street-gate-city-va-24251-c1e6fbf298d045a698a5af7abe028a04#listing", "url": "https://staging.propertysimple.ai/listing/114-w-jackson-street-gate-city-va-24251-c1e6fbf298d045a698a5af7abe028a04", "name": "114 W Jackson Street, Gate City, VA 24251", "description": "Step into a rare opportunity with this landmark property, a 24,000+ sq. ft. building that stands as one of the largest and most prominent structures in historic Gate City. Spanning three impressive levels, this property offers unlimited potential for commercial, residential, or mixed-use ventures. Currently, the main and lower levels feature an exciting blend of entertainment and hospitality spaces, including a fully equipped restaurant and bar, a concert stage and dance floor perfect for live events, a comfortable lounge area, several vendor booths for retail opportunities and a large model race car track complete with its own refreshment bar, a one-of-a-kind local attraction. The building has brand new electric power including panels and meter, all brand new plumbing including water from the meter, new sewer line to Street, brand new air conditioning, facade restoration, brand new windows in rear of building and recently replaced front windows, seven brand new bathrooms, turnkey restaurant with liquor license covering 6,000 square feet, all restorations done within the last 2 years, 2200 ft owners apartment with three bedrooms and two baths, all restaurant equipment is 1 year old, instant hot water for entire building with electric backup tank. Owner is willing to sell a partial ownership with the idea of converting top two floors to a boutique hotel or Airbnb. Part of the second floor is unfinished and ready for the new owner's vision of office space or additional apartments. Newly installed large windows flood the space with natural light while framing breathtaking views of the surrounding mountains and the storied Gate City gap, known as the historic ''Gateway to the West'' once traveled by Daniel Boone. Significant updates include all new electrical wiring brought up to code, new recessed lighting and a new heat pump system for efficient climate control. Whether you envision a vibrant mixed-use destination, a boutique entertainment venue, or luxury loft residences, this building provides the space and location to make it happen. 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