729 N Lee Rte. 11 S Highway, Lexington Va 24450
  • $359,000
  • MLS #:135742

Square Ft:
  • 2,276 finished
  • 0.00 unfinished
  • None

Property Type: commercial
Area: Rockbridge
Year Built: 1960
Exterior: Brick Veneer,Wood
Roof: Shingle
Land Description: Level, Rolling
Utilities: Cable, Electric, Public Water
Cooling: Central, Heat Pump, Window Unit(s)
Heating: Hot Water Baseboard, Oil
Water: Public Water
Sewer: Public Sewer
Floors: Carpet, Vinyl, Wood
Basement: Interior Access, Partial, Unfinished, Walkout
Features: Carpeting Included, Inside Storage, Restroom - Private
Tax Year: 0
Directions: Located on N Lee Highway, just north of the Lexington Bridge over the Maury River, next door (north) of Cornerstone Bank on the southbound side of Rte. 11 / N. Lee Hwy.
Covenants: No Restrict Covenant
Deed Book: 579/941
Easements: Power,Sewer,Water
Historic: No
Plat: Yes
Road Maintenance Agreement: No
Road Maintenance Amount: 0.00
Road Frontage: Less Than 250', Public Road, State Highway, US Highway
Tax Map #: 61A1-1-5B1
Tax Rate: 0.74
Zoning: Commercial
Business Type: Business Services, Medical/Dental, Office, Professional, Retail
Commercial Features: 1 - 10 Parking Spcs, Basement, Ceiling Height -8, Living Space, Office Space, Receptionist Area, Unpaved P
Included in Sale: -4 Res Units/Land
Property Description: Multi-use 3-unit property, outstanding location, very close to Lexington, but without the traffic or parking challenges!
Office SQFT: 1476
Retail SQFT: 0
Warehouse SQFT: 0
BACK ON THE MARKET WITH A NICE PRICE REDUCTION! - Two buildings with three tenants - 1 Commercial business and 2 Apartments in 2-story second building. Located next to Cornerstone Bank office on Rte. 11, the primary commercial area just north of the Lexington Maury River bridge. The main building has a roomy reception area, offices, 3 half baths, a kitchen, a conference room, and an enclosed porch. The parking lot has 5 spaces, This building is currently leased to an established business. The second building is comprised of two residential apartments (both currently rented), with 3 parking spaces. This is an outstanding investment opportunity in a very desirable location, close to Downtown Lexington, but without the traffic or parking challenges. The two buildings present the new owner...

Updated: 11/05/21
Status: Active
Courtesy of
Premier Service Realty