request_info_guest false

15589 Lee Highway

$5,395,000

15589 Lee Highway, Bristol, VA 24202

Active
Last Updated: 02/12/2025

22,680 sqft

Building Size

2.92 acres

Lot Area

Details:
Building Size:    22,680 sqft
Lot Area:    2.92 acres
Units:    60
Year Built:    1962
Highlights:
  • 60 Units - All Studio Style
  • Recently Renovated
  • Located in the Booming Tri-Cities
Description:

SVN | Wood Properties is pleased to exclusively present 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.

Map:
Location