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138 W Jackson Street, Gate City, VA 24251

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For Sale

$149,900

3,396 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • $44.14
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

High-potential mixed-use property in downtown Gate City. 138 features a gutted storefront on the main level with exposed brick and tall ceilings, ready for a custom commercial build-out tailored to retail, restaurant, studio, or office needs. The second floor includes two finished apartments-one a two-bedroom, one-bath unit and the other a one-bedroom, one-bath unit-both offering immediate rental income. Each apartment has private rear access leading to a backyard and rear parking area, creating desirable separation and convenience for tenants. With two income-producing residential units already in place and a main-level commercial space ready for redevelopment, this property offers strong cash flow potential and excellent long-term appreciation in a prime courthouse-area location. Can be bought alone, or with 132 West Jackson Street. All information deemed reliable but not guaranteed.
MLS# 9988481

Courtesy Of Centruy 21 Pro Service

(423) 282-1885

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Ceiling Fan
  • Cooling System
    Ceiling Fan(s)
  • Exterior Type
    Brick
  • Fireplace
    Fireplace
  • Heating System
    Baseboard
  • Roof Type
    Metal

Map and Directions

Directions to 138 W Jackson Street, Gate City, VA 24251

Home seller CENTURY 21 Legacy

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CENTURY 21 Legacy

(423) 239-6112
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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 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. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.