231 East 5th Street
Big Stone Gap, VA, 24219 $ 789,900
Bedrooms-- Baths-- Sq 6,200 Monthly Estimate*
$ 4,988
for $789,900. This 6,200 square foot building was built in 2015 on a lot size of 0.6.
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.
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FeaturesGeneralSewer Public Sewer
Heating Central
Cooling Central Air
Roof Metal Shingle
Development Status See Remarks
Zoning GB
Construction Materials Brick Wood Siding
Year Built 2015
Electric 440 Volts
Business Type Convenience Store Distribution Restaurant Retail
County Wise
Property Type Commercial Sale
HOA false
Status Active
Directions 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.
City Big Stone Gap
MLS Area 506 - Wise County
Lot Size Units Acres
Lot Size Square Feet 26136
MLS Area Minor 506 - Wise County
Standard Status Active
Conventional true
Wood siding true
Cash true
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InteriorAir Conditioning Y/N true
Heating Y/N true
Total Baths 0
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ExteriorWater Source Public
Lot Size Area 0.6
Building Area Total 6200
Lot Dimensions 0.6
Lot Size Acres 0.6
Road Frontage Type City Street
Other Equipment Additional Building(s) Freezer Furniture
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* Excluded FeaturesList ByRobert SmithListing Agent
Park Hill Realty Group, LlcBroker
kelly_indian7@yahoo.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,988
- Monthly Property Taxes
- $304
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyCommerical listings in Big Stone Gap, VA
Average List Price $394,150
Percent of Sale Price 50%
About Big Stone Gap, VA 5,156 Population
2% Since 2002
$ 40,567 Median Income
39.22 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/10/2026 | $789,900 | | Listed Price |