Commercial ()

132 &138 West West Jackson St, Gate City, VA 24251

1st photo of 132 &138 West Jackson Street

Price: $299,900 Price Per ft²: $39.46 List Date: 2025-11-19 DOM: 10
City Tax: $409 County Tax: $991

Year Built: 1906 pre-1978 Homes

Finished Area: 7,600 ft²

Unfinished: 0 ft² (not in garage)

Total Area: 7,600 ft² (Finished & Unfinished)

Lot Size: 0.21 acre(s) Lot Dimensions: 53x175 Road Frontage: 53ft

Heating: Heat Pump, Fireplace(s), Baseboard Cooling: Ceiling Fan(s), Window Unit(s), Heat Pump Water & Sewage: Public

Description

Exceptional mixed-use investment package in the heart of historic downtown Gate City. Together, 132 and 138 offer multiple income streams, value-add potential, and excellent visibility just steps from the courthouse.132 features a fully finished and immediately leasable storefront on the main level, ideal for retail, office, or professional services. The upper level has been completely gutted and is ready for renovation, offering outstanding flexibility for an investor to create an additional apartment, expanded commercial space, studio, or storage area. This level also includes private rear access to a backyard and rear parking area.138 offers even more opportunity with a gutted main-level storefront showcasing exposed brick and tall ceilings, ready for a custom commercial build-out. The second floor includes two finished apartments—one two-bedroom, one-bath unit and one one-bedroom, one-bath unit—both of which are income-producing and have private rear access to the backyard and parking area.With three potential or existing residential units, two commercial storefronts, multiple private entrances, and room for redevelopment and expansion, this package provides immediate revenue with significant long-term upside. Properties in this location rarely come available together, making this a unique opportunity to own a substantial portion of downtown Gate City's commercial corridor.All information deemed reliable but not guaranteed.