About 5239 Us Hwy 421
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. Priced below tax assessment. Buyers and buyers agents to verify the information contained in this listing. Subject to Errors & Omissions.
Features of 5239 Us Hwy 421
| MLS® # | 9984820 |
|---|---|
| Price | $130,000 |
| Bedrooms | 2 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 2,000 |
| Acres | 0.50 |
| Year Built | 1960 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Traditional |
| Status | Active |
Community Information
| Address | 5239 Us Hwy 421 |
|---|---|
| Area | 513 - Lee County |
| Subdivision | Not In Subdivision |
| City | Pennington Gap |
| County | Lee |
| State | VIRGINIA |
| Zip Code | 24277 |
Amenities
| Utilities | Electricity Connected, Sewer Connected, Water Connected |
|---|---|
| # of Garages | 2 |
| Garages | Gravel, Parking Pad |
| Is Waterfront | No |
Interior
| Appliances | Dishwasher, Electric Range, Refrigerator |
|---|---|
| Heating | Electric, Heat Pump |
| Cooling | Central Air, Heat Pump |
| Fireplace | No |
| Stories | Two |
| Has Basement | Yes |
| Basement | Block, Exterior Entry, Garage Door, Gravel Floor, Heated, Partially Finished, Walk-Out Access, Workshop |
Exterior
| Exterior | Block |
|---|---|
| Exterior Features | Other |
| Lot Description | Cleared, Level |
| Roof | Metal, Shingle |
| Foundation | Block |
School Information
| Elementary | Elk Knob |
|---|---|
| Middle | Pennington |
| High | Lee Co |
Additional Information
| Date Listed | August 21st, 2025 |
|---|---|
| Days on Market | 1 |
| Zoning | Mixed use |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Ridgeview Real Estate |
|---|