11947 Lee Hwy, Sperryville, VA

Local realty services provided by:ERA Bill May Realty Company
11947 Lee Hwy,Sperryville, VA
$559,000
  • - Beds
  • - Baths
  • 1,260 sq. ft.
  • Multi-family
  • Active
Listed by: robert chapman
Office: cheri woodard realty
MLS#:VARP2002446
Source:VA_HRAR

Price summary

  • Price:$559,000
  • Price per sq. ft.:$443.65

About this home

SHOWING BY APPOINTMENT ONLY. DO NOT DISTURB TENANTS. A very rare multi-family income generating offering in Rappahannock County - 11947 & 11951 Lee Hwy, together for sale on 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 to lease unused spaces, bringing 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.

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Home facts

  • Year built:1900
  • Listing ID #:VARP2002446
  • Added:1 day(s) ago
  • Updated:January 09, 2026 at 03:26 PM

Rooms and interior

  • Living area:1,260 sq. ft.

Heating and cooling

  • Heating:Electric, Heat Pump

Structure and exterior

  • Roof:Composition Shingle, Metal - Other, Wood Shingle
  • Year built:1900
  • Building area:1,260 sq. ft.
  • Lot area:1.37 Acres

Schools

  • Elementary school:NONE

Utilities

  • Water:Individual Well
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$559,000
  • Price per sq. ft.:$443.65
  • Tax amount:$2,149 (2022)

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