Virginia
Sperryville
11947 LEE HWY

$565,000

11947 LEE HWY, Sperryville, VA 22740

2 beds |
3 baths |
1,260 sqft

Single-Family Home
Built in 1900
1.37acre lot
—— car garage
$448/sqft
Listed 2 months ago

Property 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.

Listing Status:: Active
Date Added:: April 15, 2025 at 05:00AM
Listing Office:: Cheri Woodard Realty : 540-987-8500
Listing Agent:: Robert Chapman : 540-274-4052
MLS ID:: VARP2002162

Flooring: Wood
A/C: Central AirDuctlessWindow Unit(s)
Heating: CentralElectricPropane

This listing courtesy of Robert Chapman, Cheri Woodard Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Rappahannock County Elementary School

34 School House Rd, Washington, VA, 22747

Grades PK-7

3.59 miles away

Rappahannock County High School

12576 Lee Hwy, Washington, VA, 22747

Grades 8-12

3.02 miles away

Rappahannock County High School

12576 Lee Hwy, Washington, VA, 22747

Grades 8-12

3.02 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.