Map of Property

15589 Lee Highway

15589 Lee Highway, Bristol, VA 24202

  • For Sale $5,395,000
  • Property Type Multi-Family
  • Property Size 22,680 SF
  • Units 60
  • Lot Size 2.92 Acre
  • Year Built 1962
  • Date Updated Feb 6, 2025
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.​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.
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Highlights

  • 60 Units - All Studio Style
  • Recently Renovated
  • Located in the Booming Tri-Cities

Contacts

broker
Kevin Tipton

SVN | Wood Properties

Location

Getting Around

  • Walk Score ®

    26/100 Car-Dependent

  • Bike Score ®

    18/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Bristol, VA
  • Zip Code 24202

Points of Interest

  • Exxon

    0.10 miles

  • Marathon

    0.58 miles

  • Sunoco

    2.85 miles

  • GB

    2.88 miles

  • Valero

    2.90 miles

  • Electrify America

    3.02 miles

  • Shell

    3.03 miles

  • Walmart Gas

    3.05 miles

  • Food City Gas 'N Go

    3.40 miles

  • Sheetz

    4.33 miles

  • Cleer Creek Golf Club - Parking Lot

    2.31 miles

  • Lot 6

    5.00 miles

  • Lot 7

    5.08 miles

  • Lot 4

    5.15 miles

  • Lot 5

    5.17 miles

  • Lot 4 North

    5.20 miles

  • Lot 3

    5.24 miles

  • Lot 1

    5.25 miles

  • Lot 2

    5.30 miles

  • Lot 2 South

    5.33 miles

  • Hilton Garden Inn

    2.79 miles

  • Quality Inn

    2.79 miles

  • Courtyard Bristol

    3.28 miles

  • Holiday Inn Bristol Conference Center

    3.41 miles

  • Delta Hotels

    3.43 miles

  • Comfort Inn

    4.40 miles

  • Red Roof Inn

    4.80 miles

  • Comfort Suites

    4.86 miles

  • Budget Inn

    5.06 miles

  • Crest Motel

    5.19 miles

  • Mellow Mushroom

    2.40 miles

  • Chick-fil-A

    2.54 miles

  • Perkins

    2.79 miles

  • Cracker Barrel

    2.83 miles

  • Wendy's

    2.86 miles

  • Chili's

    2.90 miles

  • IHOP

    2.95 miles

  • Golden Corral

    3.00 miles

  • Bojangles'

    3.02 miles

  • Olive Garden

    3.03 miles

  • John S Battle High School

    1.72 miles

  • Wallace Middle School

    2.89 miles

  • High Point Elementary School

    3.42 miles

  • Exalt Academy

    3.44 miles

  • Van Pelt Elementary School

    4.02 miles

  • Bufallo Pond School

    4.43 miles

  • Southwest Virginia Higher Education Center

    5.20 miles

  • Abingdon Elementary School

    5.28 miles

  • Virginia Highlands Community College

    5.29 miles

  • Douglas High School

    6.30 miles

Frequently Asked Questions

How much does 15589 Lee Highway cost?

The space currently listed for sale at 15589 Lee Highway asks for $5,395,000.

What is the total square footage of 15589 Lee Highway?

15589 Lee Highway totals 22,680 square feet.

When was this property built?

15589 Lee Highway was built in 1962.

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Contact Listing Broker
broker
Kevin Tipton

SVN | Wood Properties

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