11947 LEE HIGHWAY, Sperryville, VA 22740
- $565,000
Overview
- Residential
- 4
- 3
- 1900
- VARP2002162
Description
SHOWING BY APPOINTMENT ONLY. DO NOT DISTURB TENANTS.
Cross listed as multi-family (VARP2002052) & single family ( VARP2002162) as grandfathered residential in a commercial zone.
A very rare offering in Rappahannock County – 11947 & 11951 Lee Hwy, together for sale as one parcel, present an outstanding opportunity for multi-family rental income. The sale includes two structures containing FOUR grandfathered residential units, ONE commercial unit. Further upside can be realized by finishing unused spaces, bringing current rents to market rate and even rehabbing an old fruit stand on the property. This investment opportunity sits on the highly traveled Rt 211: a major artery seeing 2 million + vehicles per year and opportunistically near the Thornton Gap entrance to Shenandoah National Park. The property is zoned Highway Commercial, allowing for a multitude of by-right uses including short term rentals, retail, food service and hospitality. Property is served by electric, propane, private well, town sewer and high speed is internet. P&L available.
Address
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Address: 11947 LEE HIGHWAY
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City: Sperryville
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State: VA
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Zip/Postal Code: 22740
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Area: NONE AVAILABLE
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Country: US
Details
Updated on July 23, 2025 at 1:10 pm-
Property ID VARP2002162
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Price $565,000
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Land Area 1.37 Acres
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Bedrooms 4
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Bathrooms 3
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Garage Size x x
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Year Built 1900
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Property Type Residential
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Property Status Active
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MLS# VARP2002162
Additional details
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Roof Shingle,Metal
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Utilities Sewer Available,Propane,Cable TV
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Sewer Public Sewer
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Cooling Ductless/Mini-Split,Window Unit(s),Central A/C
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Heating Heat Pump - Electric BackUp,Central
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Flooring Concrete,Wood,Solid Hardwood
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County RAPPAHANNOCK-VA
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Property Type Residential
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Architectural Style Converted Dwelling
Mortgage Calculator
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