About 11947 Lee Hwy
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.
Features of 11947 Lee Hwy
| MLS® # | VARP2002446 |
|---|---|
| Price | $559,000 |
| Bathrooms | 0.00 |
| Square Footage | 1,260 |
| Acres | 1.37 |
| Year Built | 1900 |
| Type | Multi-Family |
| Sub-Type | Quadruplex,Detached |
| Style | Cottage |
| Status | Active |
Community Information
| Address | 11947 Lee Hwy |
|---|---|
| City | SPERRYVILLE |
| County | RAPPAHANNOCK-VA |
| State | VA |
| Zip Code | 22740 |
Amenities
| Utilities | Propane, Electric Available, Sewer Available, Water Available |
|---|---|
| Parking | Gravel Driveway, Concrete Driveway |
| Is Waterfront | No |
Interior
| Heating | Heat Pump(s) |
|---|---|
| Cooling | Ductless/Mini-Split |
| Has Basement | No |
| Fireplace | No |
Exterior
| Exterior | Vinyl Siding |
|---|---|
| Roof | Metal, Shingle, Asphalt |
| Construction | Vinyl Siding |
| Foundation | Stone |
School Information
| District | RAPPAHANNOCK COUNTY PUBLIC SCHOOLS |
|---|
Additional Information
| Date Listed | January 8th, 2026 |
|---|---|
| Days on Market | 245 |
| Zoning | HIGHWAY COMMERCIAL |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Cheri Woodard Realty |
|---|