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7786 Fancy Gap Hwy Fancy Gap, VA $ 389,500
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7786 Fancy Gap Hwy
$ 389,500
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7786 Fancy Gap Hwy

Fancy Gap, VA, 24328
$ 389,500
Bedrooms-- Baths-- Sq 2,630

Monthly Estimate*

$ 2,398

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Commercial Property for sale in Fancy Gap, VA

for $389,500. This 2,630 square foot building was built in 1950.

Landmark Location!!! Own one of the most recognizable locations in Southwest Virginia at the intersection of US 52 and the Blue Ridge Parkway , just 1 mile off I 77! Fancy gap is one of the primary gateway locations for travelers entering the Virginia Blue Ridge mountains. Decades of operating history as a restaurant but can be retail shopping, grocery and many other options. The location has regional recognition, interstate location, parkway tourism, existing restaurant infrastructure and many other limitless opportunities. The property greatest value is its strategic position at one of the most traveled mountain gateways ! Travelers and locals frequently stop in Fancy Gap for food, shopping, lodging and fuel. Mt Airy NC is 15 mins away, and target market is retirees, Day trippers, and weekend visitors.

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Commercial Active

Price

$ 389,500

Property Type

Commercial

Taxes

$ 930

Style

Mixed Use

Year Built

1950

Town/City

Fancy Gap

County/Region

Carroll

MLS | Web ID

110566
Features
Interior
Interior Amenities Public Restrooms
Flooring Tile
Basement (Y/N) N
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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General
Sewer Public Sewer
Heating Heat Pump
Cooling Heat Pump
Utilities Electricity Connected
Possession Close Of Escrow
Roof Metal
Zoning Comm/ Ind
Construction Materials Brick
Year Built 1950
Property Subtype Mixed Use
Tax Year 2025
Current Use Restaurant
Gross Income 0
County Carroll
Net Operating Income 0
New Construction N
Property Type Commercial Sale
HOA N
Attached Garage N
Garage Y/N N
Other Structures Additional Structures(Yes)
Status Active
Directions From I 77 take Exit 8 in Fancy Gap take Chances Creek rd toward HWy 52. Turn right onto Hwy 52 South the building will be on the right in .08 miles . It is located just before the Blue Ridge Parkw
City Fancy Gap
MLS Area Blue Ridge Parkway
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 930
Home Warranty Y/N N
Property Condition Exterior Condition: Good Interior Condition: Good
Additional Parcels Y/N N
Structure Type Free Standing
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot NA
Freehold IDX BBO
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Exterior
Parking Features Parking 10+ Spaces
Lot Features Located in County
Water Source Public
Total Parking 10
Spa N
Building Area Total 2630
Waterfront Y/N N
Other Equipment Equipment Leased(None)
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded Features
List By
Kyle Realty, Inc.

Broker

trena@kyle-realty.com

Email

Affordability Calculator

$2,476
Per Month
97%
3%
0%
Monthly Principal & Interest
$2,398
Monthly Property Taxes
$78
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
0 Elementary School
0 Middle School
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Pricing History
DatePricePrice ChangeDescription
6/17/2026$389,500 Listed Price

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7786 Fancy Gap Hwy, Fancy Gap, VA, 24328 is a Commercial Property for sale at $389,500 with 2,630 sqft. 7786 Fancy Gap Hwy was built in 1950. The property's zip code is 24328 which is in Fancy Gap, VA

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