11947 LEE HWY, Sperryville, VA 22740

• 1,260 sqft

Property Description

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.

Listing Status:

Active

Data Last Updated:

May 20, 2026 at 9:20PM

Listing Office:

Cheri Woodard Realty : 5409878500

Listing Agent:

Robert Glenn Chapman IV : 7038870895

MLS ID:

VARP2002446

Interior

• A/C: Ductless/Mini-Split
• Heating: Heat Pump(s)Electric
• Disability Feature: 36"+ wide Halls

Exterior

• General: Above GradeBelow Grade
• Style: Cottage
• Parking: Gravel DrivewayConcrete Driveway

Construction

• Roofing: MetalShingleAsphalt
• General: Vinyl SidingStone

Location

• Originating MLS: BRIGHT_MAIN
• School District: RAPPAHANNOCK COUNTY PUBLIC SCHOOLS
• County: RAPPAHANNOCK-VA

Lot

• Zoning: HIGHWAY COMMERCIAL38A 1 5

Utilities

• Utilities: PropaneElectric availableSewer availableWater available200 amp service
• Water: Well
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN