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$565,000 - 4Br/3Ba - for Sale in None, Sperryville
Price: $565,000
Beds: 4
Baths: 2 full, 1 half
Living Area SqFt: 1,260
Status: Active
Property Type: Detached
Lot Size Acres: 1.37
Lot Size SqFt: 59,677
Year Built: 1900
Neighborhood: None
Days on Website: 80

Courtesy of Cheri Woodard Realty

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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.

Open House

Property Details and Features

  • Property Access
  • Road frontage type: PublicRoad
  • Bathrooms
  • 2 full bathrooms
  • 1 half bathroom
  • 3 bathrooms total integer
  • 3 main level bathrooms
  • Bedrooms
  • 4 total bedrooms
  • 4 main level bedrooms
  • Building
  • 1,260 above grade finished area
  • Building area total: 1,260
  • Construction materials: VinylSiding
  • Levels: Two
  • Living area: 1,260
  • 2 stories
  • Built in 1900
  • Cooling
  • CentralAir
  • Ductless
  • WindowUnits
  • Floors
  • Wood
  • Heating
  • Central
  • Electric
  • Propane
  • Listing
  • 99 days on market
  • ListingID: VARP2002162
  • Standard status: Active
  • Location
  • Subdivision name: NONE
  • Lot
  • 1.37 acres
  • Pool
  • None
  • Possession
  • CloseOfEscrow
  • Roof
  • Metal
  • Shingle
  • Wood
  • Schools
  • Middle or junior school: Other
  • Sewer
  • PublicSewer
  • Taxes
  • Tax annual amount: $2,149
  • Tax year: 2022
  • Utilities
  • CableAvailable
  • Propane

Property Map

$565,000 – 11947 Lee Hwy, Sperryville, VA 22740

Street View

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