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Live in one unit and receive rental income from the rest! 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.
1,260 Sq Ft
1.37 프라이빗 에이커스 롯트 크기
기타
US$2,149 연간 세금
Built in 1900
MLS/리스팅 ID VARP2002456
Cooling - Window Units
냉방 - 중앙 에어컨
Natural Wood
Metal
싱글
Construction - Vinyl Siding
콘크리트
스톤
슬래브
Heating - Electric
월 총 비용
US$0
US$0
US$0
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the BrightMLS. Real estate listings held by brokerage firms other than Douglas Elliman of VA are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last date updated: 04/03/2026.
Source: Bright Multiple Listing Service, Inc.
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