8457 Lee Hwy Rural Retreat, VA ^$ 279,000

8457 Lee Hwy

^$ 279,000

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Recently Listed

8457 Lee Hwy

Rural Retreat, VA, 24368

^$ 279,000

Bedrooms-- Baths-- Sq 4,000

Monthly Estimate*

^$ 1,741

8457 Lee Hwy, Rural Retreat, VA 24368 - Image 1

8457 Lee Hwy, Rural Retreat, VA 24368 - Image 2

8457 Lee Hwy, Rural Retreat, VA 24368 - Image 3

8457 Lee Hwy, Rural Retreat, VA 24368 - Image 4

8457 Lee Hwy, Rural Retreat, VA 24368 - Image 5

Commercial Property for sale in Rural Retreat, VA

for $279,000. This 4,000 square foot building was built in 1991 on a lot size of 4.32.

ATTENTION INVESTORS AND ENTREPENEURS! Current rental income coming in on these 40 unit buildings that sit on just 1/2 acre and an additional 3.82 acres that can be developed! Two 20' x 100' buildings with 8 small units and 32 larger 10 x 10 units that could be 10 x 20. Call soon and take over this profitable business!

Commercial Active

Price

^$ 279,000

Property Type

Commercial

Taxes

^$ 994

Style

Mini Storage

Lot Size

4.32

Year Built

1991

Town/City

Rural Retreat

County/Region

Wythe

MLS | Web ID

104308

Features

Interior

Interior Amenities Shell Only

Flooring Concrete

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Below Grade Finished Area Unit Type Square Feet

Above Grade Finished Area Unit Type Square Feet

General

Sewer None

Heating Other

Cooling None

Utilities Other

Possession Close Of Escrow

Roof Metal

Zoning Commercial

Construction Materials Metal Siding Steel Frame

Year Built 1991

Property Subtype Commercial

Tax Year 2025

Current Use Mini-Storage

Gross Income 16000

County Smyth

Net Operating Income 13000

New Construction N

Property Type Commercial Sale

HOA N

Attached Garage N

Garage Y/N N

Other Structures Additional Structures(None)

Status Active

Directions I81N exit 54 turn right to Rural Retreat then left onto Lee Hwy. Property on right sign at entrance.

City Rural Retreat

MLS Area Smyth County

Lot Size Units Acres

Lot Size Square Feet 188179.2

Carport Y/N N

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 994.56

Showing Instructions Call/Text Listing Agent Schedule Through Navica Other-See Remarks

Home Warranty Y/N N

Property Condition Exterior Condition: Very Good Interior Condition: Very Good

Additional Parcels Y/N N

Structure Type Mini Storage

Building Area Units Square Feet

Living Area Units Square Feet

Standard Status Active

Tax Lot 118B

Freehold IDX BBO

Exterior

Exterior Amenities Other

Lot Features Located in County

Water Source Public Other

Lot Size Area 4.32

Spa N

Building Area Total 4000

Lot Dimensions 4.32 +- acres

Lot Size Acres 4.32

Frontage Length Road Frontage Feet: 700

Waterfront Y/N N

Other Equipment Equipment Leased(None)

Horse Y/N N

Irrigation Water Rights Y/N N

* Excluded Features

List By

Deer Valley Realty Inc

Broker

terrimblevins907@gmail.com

Affordability Calculator

$1,823

Per Month

Monthly Principal & Interest: $1,741
Monthly Property Taxes: $83
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Rural Retreat, VA

Average List Price ^$305,667

Percent of Sale Price 10%

About Rural Retreat, VA

1,496 Population

7% Since 2002

^$45,786 Median Income

43.22 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1875416 Elementary School

1875515 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/4/2025	$279,000		Listed Price

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8457 Lee Hwy, Rural Retreat, VA, 24368 is a Commercial Property for sale at $279,000 with 4,000 sqft and a lot size of 4.32. 8457 Lee Hwy was built in 1991. The property's zip code is 24368 which is in Rural Retreat, VA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Southwest Virginia Association of REALTORS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Southwest Virginia Association of REALTORS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/5/2025.

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8457 Lee Hwy

Commercial Property for sale in Rural Retreat, VA

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