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11947 Lee Hwy, 
Sperryville, VA

$559,000

—

Bed

—

Bath

1,260

Sq Ft

Multi-Family

Active

Listed by

Robert Chapman

Cheri Woodard Realty

540-987-8500

Last updated:

January 17, 2026, 05:12 PM

MLS#

VARP2002446

Source:

CHARLOTTESVILLE

About This Home

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.

Home Facts

Multi-Family

Built in 1900

Price Summary

559,000

$443 per Sq. Ft.

MLS #:

VARP2002446

Last Updated:

January 17, 2026, 05:12 PM

Added:

10 day(s) ago

Structure

Structure

Architectural Style:

Cottage

Building Area:

1,260 Sq. Ft.

Year Built:

1900

Lot

Lot Size (Sq. Ft):

59,677

Finances & Disclosures

Finances

Price:

$559,000

Price per Sq. Ft:

$443 per Sq. Ft.

Source:CHARLOTTESVILLE
“Based on information submitted to the MLS GRID as of January 17, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.” "Listings courtesy of APPLICABLE MLS as distributed by MLS GRID.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.