000 Water St Gate City, VA ^$ 400,000

000 Water St

^$ 400,000

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000 Water St

Gate City, VA, 24251

^$ 400,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 2,495

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Commercial Property for sale in Gate City, VA

for $400,000. The lot size is 1.71.

Discover a rare gem nestled in the heart of Gate City! A prime location property boasting impressive road frontage, with its prominent position and history as a former car dealership, this property holds immense potential for a variety of ventures such as retail complex, office/professional building or restaurant space. *Buyer to verify all information herein. All information taken from the tax records and 3rd party information.*

Commercial Active

Price

^$ 400,000

Property Type

Commercial

Taxes

^$ 2,547

Style

Lot Size

1.71

Town/City

Gate City

County/Region

Scott

MLS | Web ID

9985187

Features

General

Sewer At Road Public Sewer

Heating None

Cooling None

Utilities None

Roof See Remarks

Development Status Cleared Raw Land

Zoning Commercial

Construction Materials See Remarks

Year Built 0

Electric Other

Business Type Auto Dealer Convenience Store Hotel/Motel Medical

County Scott

New Construction N

Property Type Commercial Sale

HOA N

Subdivision Name Not In Subdivision

Garage Y/N N

Status Active

Directions Heading towards Gate City follow US421/US 58W. Follow US 421/US 58W right onto Kane street about a mile down the road take a left onto Water St. Property on your Left.

City Gate City

MLS Area 509 - Scott County

Lot Size Units Acres

Lot Size Square Feet 74487.6

Carport Y/N N

Land Lease Y/N N

Property Condition Above Average

Lease Renewal Y/N N

MLS Area Minor 509 - Scott County

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active

Cash True

Exterior

Water Source At Road Public

Lot Size Area 1.71

Spa N

Building Area Total 0.0

Lot Dimensions See Acres

Lot Size Acres 1.71

Road Frontage Type City Street

Other Equipment None

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Air Conditioning Y/N N

Heating Y/N N

Total Baths 0

Internal Only

Street Number 1 0

* Excluded Features

List By

Daniel Jackson

Listing Agent

Century 21 Legacy Fort Henry

Broker

danielc21legacy@gmail.com

Affordability Calculator

$2,708

Per Month

Monthly Principal & Interest: $2,495
Monthly Property Taxes: $212
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Gate City, VA

Average List Price ^$425,000

Percent of Sale Price 6%

About Gate City, VA

8,579 Population

-4% Since 2002

^$41,732 Median Income

46.38 Median Age

18% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

857276 Elementary School

857482 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/30/2025	$400,000		Listed Price

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000 Water St, Gate City, VA, 24251 is a Commercial Property for sale at $400,000 with a lot size of 1.71. The property's zip code is 24251 which is in Gate City, VA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the TNVA Regional MLS

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the TNVA Regional MLS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/6/2025.

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000 Water St

Commercial Property for sale in Gate City, VA

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