11947 Lee Highway

SPERRYVILLE, VA 22740

  • 0 Bed(s)
  • 0 Bath(s)
  • 1,260 Sqft
  • 59677.2
    Sqft(Lot)
$565,000

Description

Showing by appointment only. do not disturb tenants.
a very rare offering in rappahannock county - 11947 & 11951 lee hwy, together for sale, 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.

  • Property Type

    Multi-Family

  • County

    RAPPAHANNOCK

  • Style

    Cottage

  • AD ID

    49586076

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Property Details

  • Water/Sewer

    • Water Source : Well

    Interior Features

    • Roof : Metal,Shingle,Asphalt

    Roofing Information

    • Metal,Shingle,Asphalt

    Heating & Cooling

    • Cooling: Ductless/Mini-Split
    • Heating: Heat Pump(s)
    • Cooling Fuel: Electric
    • Heating Fuel: Electric

  • Building Information

    • Year Built: 1900
    • Structure: Detached
    • New Construction: No
    • Total Units: 4
    • Built: 1900
    • Construction Material: Vinyl Siding
    • Roof: Metal,Shingle,Asphalt
    • Foundation/Basement: Stone
    • Architecture: Cottage
    • Pool/Private: No Pool
    • Roof Type: Metal,Shingle,Asphalt

    Exterior Features

    • Utilities: Propane,Electric Available,Sewer Available,Water Available

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: 60+ Gallon Tank

  • Lot Information

    • Lot Size: 59,677
    • Lot Size (Acres): 1.37
    • Architectural Style: Cottage
    • Main Square Feet: 59,677

    Property Information

    • SQ ft: 1,260
    • SQ ft (Living Area): 1,260
    • Total Lot SQ ft: 59,677
    • Financing: Cash,Exchange,Contract,Conventional
    • Total Acreage: 1.37
    • New Construction: No
    • Type: Cottage

  • Listing Information

    • Possession: Settlement
    • Days Of Market: 6

  • Tax Information

    • Annual Tax: $2,149
    • Tax Year: 2022
    • Total Taxes Payment Frequency: Annually

    Possession

    • Settlement

    Assessment Information

    • Taxes Assessment Amount: $358,100

  • Parking Information

    • Parking Features: Gravel Driveway,Concrete Driveway
    • Parking Type: Off Street

    Multi-Unit Information

    • Acceptable Financing: Cash,Exchange,Contract,Conventional
    • Roof: Metal,Shingle,Asphalt

    Homeowners Association Information

    • Direction: Rte 211 South (Lee Hwy) towards Shenandoah National Park. Property is on the right in the village.

  • School Information

    • School District: RAPPAHANNOCK COUNTY PUBLIC SCHOOLS

    Utility Information

    • Propane,Electric Available,Sewer Available,Water Available
    • Water Source: Well
    • Sewer: Public Sewer
    • Cooling Fuel: Electric
    • Heating Fuel: Electric
    • Hot Water: 60+ Gallon Tank

    Location Information

    • Direction: Rte 211 South (Lee Hwy) towards Shenandoah National Park. Property is on the right in the village.
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BuyOwner last updated this listing 06/12/2025 @ 16:48

  • MLS: VARP2002052
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Other, with 0 bedrooms which is for sale, it has 1,260 sqft, 59,677 sized lot, and 0 parking. are nearby neighborhoods.