About 15589 Lee Highway
Exclusively presenting 15589 Lee Highway in Bristol, VA. This property has been completely renovated and is ready to cashflow! Formally a motel, this conversion now provides 60 studio style units that are located just off I-81. Located minutes from the new Amazon off of Exit #7, and less that 15 minutes to the new Hard Rock Casino. Great investment in a fast growing market. Bristol, located in southwestern Virginia, is part of the region known as the Tri-Cities, which includes Bristol, Kingsport, and Johnson City. This property is a short drive from several local schools, major retailers, and restaurants. Additionally, the property is a 10 minute drive from the newly constructed Hard Rock Casino and is also near Bristol Motor Speedway. With easy interstate access, tenants will be able to quickly travel throughout the Tri-Cities.
Features of 15589 Lee Highway
MLS® # | 9975744 |
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Price | $5,395,000 |
Bathrooms | 0.00 |
Acres | 2.92 |
Year Built | 1962 |
Type | Multi Family |
Sub-Type | Multi Family |
Style | Other |
Status | Active |
Community Information
Address | 15589 Lee Highway |
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City | Bristol |
County | Washington |
State | VIRGINIA |
Zip Code | 24202 |
Amenities
Garages | Concrete |
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Is Waterfront | No |
Interior
Appliances | Convection Oven, Cooktop, Microwave, Refrigerator |
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Heating | Other |
Cooling | Other |
Fireplace | No |
# of Stories | 2 |
Stories | Two |
Exterior
Exterior | Block, Brick |
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Lot Description | Level2 |
School Information
Elementary | High Point |
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Middle | Wallace |
High | John S. Battle |
Additional Information
Date Listed | February 4th, 2025 |
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Days on Market | 5 |
Zoning | C |
Foreclosure | No |
Short Sale | No |
Listing Details
Office | SVN, Wood Properties |
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