Pennington Gap, VA 24277,5239 Us Hwy 421
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Pennington Gap, VA 24277,5239 Us Hwy 421
Pennington Gap, VA 24277,5239 Us Hwy 421
Pennington Gap, VA 24277,5239 Us Hwy 421
Pennington Gap, VA 24277,5239 Us Hwy 421
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$ 130,000
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5239 Us Hwy 421 Pennington Gap, VA 24277

2,000 SqFt


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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $65

Subdivision Not In Subdivision

MLS Listing ID 9982942

HOA Y/N No

Total Fin. Sqft 2000

Year Built 1960

Lot Size 0.500 Acres

Acres 0.5

Lot Dimensions irregular

Source Tennessee/Virginia Regional MLS

Property Description

Versatile Commercial Property with Apartment - Half Acre Lot. Opportunity awaits with this solid block commercial building featuring a 2-bedroom, 1-bath apartment on the upper level. The apartment has updated electrical and is separately metered from the lower level, making it ideal for live-work or rental scenarios. The lower level includes two spacious garage bays, each with its own large rear storage room featuring gravel flooring—perfect for workshop, storage, or light industrial use. Situated on a 0.5-acre lot, the property also offers secondary water and sewer hookups, adding flexibility for future expansion. The building is topped with a durable metal roof and is located on a busy highway for optimal visibility. A great investment opportunity with mixed-use potential in a growing area. Priced below tax assessment. Buyers and buyers agents to verify the information contained in this listing. Subject to Errors & Omissions.

Location

State VA

County Lee

Community Not In Subdivision

Area 0.5

Zoning Com_Industrial

Direction From Big Stone Gap, travel towards Pennington Gap. Property is at the corner of Morgan Ave and US HWY 421 beside Walgreens. From Duffield, travel on US HWY 421 to Pennington Gap. Property will be on your left. Sign in front. GPS friendly.

Interior

Heating Electric, Heat Pump, Electric

Cooling Central Air, Heat Pump

Equipment Dishwasher, Dryer, Range, Refrigerator, Washer

Heat Source Electric, Heat Pump

Exterior

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Roof Type Metal

Road Frontage Highway

Building

Sewer Public Sewer

Water Public

Structure Type Block

New Construction No

Others

Senior Community No

Tax ID 23e-(62) 1-5, 17-20

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Listed by Virginia Roberts • Ridgeview Real Estate
agent

Andrea Puckett

Broker | License ID: 313994

+1(423) 833-8512

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5239 Us Hwy 421