721 East 5th Street, Big Stone Gap, VA 24219

New Listing

$1,690,000

Property Type: Commercial Lease Square Footage: 16,828 Lot Size (sq. ft.): 33,977 Status: Active

Current Price: $1,690,000 List Date: 10/12/2026 Last Modified: 10/12/2026

Overview

Description

COMMERCIAL PROPERTY Commercial Opportunity on 5th Street BIG STONE GAP, VIRGINIA | MORE THAN 16,000 SF COMBINED A legacy of success. A new chapter of opportunity. Positioned on both sides of 5th Street in Big Stone Gap, this commercial property offers more than 16,000 square feet of combined space along a main thoroughfare connecting Big Stone Gap with Appalachia and routes toward Kentucky. The busy corridor provides valuable visibility and exposure to passing traffic, making this a compelling location for your next venture. Formerly home to a highly successful Chrysler, Dodge, and Jeep dealership serving the Southeast, this property has a proud business history and is ready for a fresh vision. Its scale and presence on both sides of the road offer possibilities for an automotive dealership, retail business, service operation, or a combination of uses. For buyers with a redevelopment vision, potential concepts could also include apartments, residential homes, or a mixed-use project ... (Read more)

Listing Details MLS# 10002033

Location Tax Legal Info

Street #: 721
St Direction: East
Street Name: 5th
St Suffix: Street
County: Wise
State/Province: VA
Zip Code: 24219
Area: 506 - Wise County
Subdivision: Not In Subdivision

Contract Info

Listing Price: 1690000
List Price/SqFt: 100.43
Foreclosure: No
Short Sale: No
Auction: No

General Property Description

Lease: Yes
Acres: 0.78
Zoning: C
Year Built: 1994
Stories: 2
Total SqFt: 16828
Total SqFt Finished: 15428
Total SqFt Unfinished: 1400
HOA Y/N: No
Road Frontage Length: 150
# Restrooms: 4
Annual Lease $: 144000
$ Lease/SqFt: 7.52

More Information

Property Features

Property Condition: Average Business Type: Auto Dealer; Auto Service; Office/Showroom; Professional Service Exterior Finish: Block; Vinyl Siding Other Equipment: Delivery Doors; Display Window; Garage Bay(s); Handicap Access; Intercom; Machinery; Overhead Doors; Pole Sign; Smoke Detector(s) Roof: Asphalt; Metal; Rubber Electric Service: See Remarks Development Status: Finished Lot(s); Infrastructure In Heating: Heat Pump AC: Heat Pump Water: Public Sewer: Public Sewer Road Access: City Street Info Available: Plat Restrictions: See Remarks Financing: Cash; Conventional Showing Instructions: Showing Service Sale Includes: Fee Simple; For Lease

Listing Office: ReMax Mountain

Last Updated: October - 12 - 2026

Information deemed reliable but not guaranteed.

721 East 5th Street, Big Stone Gap, VA 24219 (MLS# 10002033)