15589 Lee Highway, Bristol, VIRGINIA

$5,395,000

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2.92

Acres

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
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
City Bristol
County Washington
State VIRGINIA
Zip Code 24202

Amenities

Garages Concrete
Is Waterfront No

Interior

Appliances Convection Oven, Cooktop, Microwave, Refrigerator
Heating Other
Cooling Other
Fireplace No
# of Stories 2
Stories Two

Exterior

Exterior Block, Brick
Lot Description Level2

School Information

Elementary High Point
Middle Wallace
High John S. Battle

Additional Information

Date Listed February 4th, 2025
Days on Market 5
Zoning C
Foreclosure No
Short Sale No

Listing Details

OfficeSVN, Wood Properties

Listing Map

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