5239 Us Hwy 421
Pennington Gap, VA 24277
2
Bed
1
Bath
2,000Sqft
0.50Acre(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 2Bathroom Information
Total Baths: 1 Full Baths: 1Room Information
Rooms Total: 5 Has Basement: Yes Basement: Block, Exterior Entry, Partially Finished, Walk-Out Access -
Flooring Information
Carpet, Laminate -
Roofing Information
Metal, Shingle -
Interior Features
Roof: Metal, Shingle Appliances: Dishwasher, Electric Range, Refrigerator Laundry Features: Electric Dryer Hookup, Washer Hookup -
Heating & Cooling
Has Heating: Yes Heating: Electric, Heat Pump Has Cooling: Yes Cooling: Central Air, Heat Pump
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Building Information
Year Built: 1960 Building Area Total: 4500 Construction Materials: Block Patio And Porch Features: Deck Private Pool: No -
Exterior Features
Exterior Features: Other
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Lot Information
Lot Dimensions: irregular Main Square Feet: 0.5 Acres Lot Size Acres: 0.5 Lot Size Square Feet: 21780Property Information
Subdivision: Not In Subdivision Source Property Type: Residential MLS Area Minor: 513 - Lee County Property SubType: Single Family Residence Levels: Two Property Age: 66
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Listing Price Information
Listing Price: $130000 Cash, Conventional
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Tax Information
Parcel Number: 23e-(62) 1-5, 17-20
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Parking Information
Gravel, Parking PadGarage Information
Has Garage: Yes Garage Space: 2
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School Information
Elementary School: Elk KnobJunior High School: PenningtonSenior High School: Lee Co -
Utility Information
Electricity Connected, Sewer Connected, Water Connected -
Location Information
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. WaterSource: Public
At $65.00 per sq.ft.,this listing is priced below average compared to other homes from Pennington Gap.
The average homes price in Pennington Gap is $370202.62 with avg. price / sq.ft of $2102.04.
The average homes price in Lee County is $373818.81 with avg. price / sq.ft of $2100.74.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 215 Autumn Drive, Pennington Gap, VA, 24277 | $79,900 | 2 | 1 | 1,236 | 1,236 SqFt |
| 44745 Veterans Memorial.., Pennington Gap, VA, 24277 | $339,000 | 3 | 3 | 2,653 | 2,653 SqFt |
| 805 Elk Knob Road, Pennington Gap, VA, 24277 | $79,900 | 3 | 1 | 1,300 | 1,300 SqFt |
| 1598 Hickory Flats Road, Pennington Gap, VA, 24277 | $107,700 | 4 | 2 | 1,128 | 1,128 SqFt |
| 612 Oakwood Avenue, Pennington Gap, VA, 24277 | $199,900 | 3 | 2 | 2,502 | 2,502 SqFt |
| 301 Johnson Drive, Pennington Gap, VA, 24277 | $99,000 | 3 | 2 | 1,064 | 1,064 SqFt |
| 6284 Us Highway 421, Pennington Gap, VA, 24277 | $139,000 | 3 | 2 | 2,142 | 2,142 SqFt |
| 41144 Morgan Avenue, Pennington Gap, VA, 24277 | $129,900 | 4 | 1 | 1,478 | 1,478 SqFt |
| 299 Duff Street, Pennington Gap, VA, 24277 | $149,000 | 3 | 2 | 1,310 | 1,310 SqFt |
| 3179 Ely Pucketts Creek.., Pennington Gap, VA, 24277 | $31,000 | 3 | 1 | 1,056 | 1,056 SqFt |
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Tennessee Virginia Regional MLS. IDX information is provided exclusively 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. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Tennessee Virginia Regional MLS. All Rights Reserved.
ByOwner last updated this listing 04/06/2026 @ 17:05
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