$130,000

5239 Us Hwy 421, Pennington Gap, VA 24277

  • 2 beds |
  • 1 bath |
  • 2,000 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1960
  • Property Lot Size Icon0.5acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $65/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Residential/Investment property with the versatility of a lower level commercial garage. Opportunity awaits with this solid block building featuring a 2-bedroom, 1-bath apartment on the upper level. The residence 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 located on a busy highway for optimal visibility. A great investment opportunity with mixed-use potential in a growing area. Personal items from garage bays have been removed--new photos. Priced below tax assessment. Buyers and buyers agents to verify the information contained in this listing. Subject to Errors & Omissions.

Listing Status:
Active
Date Added:
August 21, 2025 at 05:00AM
Listing Office:
Ridgeview Real Estate : 276-328-0055
Listing Agent:
Virginia Roberts : 276-219-2213
MLS ID:
9984820
  • Appliances: DishwasherRefrigeratorElectric Range
  • Laundry: Washer HookupElectric Dryer Hookup
  • Basement: BlockExterior EntryGarage DoorGravel FloorHeatedPartially FinishedWalk-Out AccessWorkshop
  • Flooring: CarpetLaminate
  • A/C: Central AirHeat Pump
  • Heating: Heat PumpElectric
  • General: Other
  • Style: Traditional
  • Parking: GravelParking Pad
  • Roofing: MetalShingle
  • General: BlockTwo
  • Originating MLS: Tennessee/Virginia Regional MLS
  • County: Lee
  • Zoning: Mixed use23e-(62) 1-517-20
  • Utilities: Electricity ConnectedSewer ConnectedWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: Tennessee/Virginia Regional MLS

This listing courtesy of Virginia Roberts, Ridgeview Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

Elk Knob Elementary School

148 Hornet Loop, Pennington Gap, VA, 24277

Grades PK-4

2.43 miles away

P

Pennington Middle School

121 Bobcat Cir, Pennington Gap, VA, 24277

Grades 5-7

0.20 miles away

L

Lee High School

200 General Ln, Jonesville, VA, 24263

Grades 8-12

4.59 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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