Map of Property

15589 Lee Highway

For Sale

15589 Lee Highway, Bristol, VA 24202

This Bristol property for sale is located at 15589 Lee Highway. The current listed sale price for 15589 Lee Highway is $5,395,000. 15589 Lee Highway is situated on a lot that is 2.92 acre in size.

Contacts

broker
Kevin Tipton

SVN | Wood Properties

Property Details

  • Property Type Multi-Family
  • Property Size 22,680 SF
  • Units 60
  • Lot Size 2.92 Acre
  • Year Built 1962
  • Date Updated Feb 13, 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

Getting around

  • 26/100

    Walk Score ®

  • 18/100

    Bike Score ®

Powered by Walk Score ®

Location

  • 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

  • TJ Maxx

    2.01 miles

  • Ross

    2.04 miles

  • Target

    2.20 miles

  • Walmart Supercenter

    2.90 miles

  • Food City

    3.44 miles

  • ALDI

    4.01 miles

  • Price Less Foods

    5.11 miles

  • Food Lion

    5.68 miles

  • Lee Garden Shopping Center

    6.36 miles

  • Abingdon General Store

    6.66 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Kevin Tipton

SVN | Wood Properties

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