SHOWING BY APPOINTMENT ONLY. DO NOT DISTURB TENANTS.
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 Private Acres Lot Size
Other
$2,149 Annual Tax
Built in 1900
MLS/Listing ID VARP2002456
Cooling - Window Units
Cooling - Central Air
Natural Wood
Metal
Shingle
Construction - Vinyl Siding
Concrete
Stone
Slab
Heating - Electric
TOTAL MONTHLY COST
-
-
-
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: 03/04/2026.
Source: Bright Multiple Listing Service, Inc.
© 2026 Bright Multiple Listing Service, Inc. All rights reserved.