5383 Lee Hwy, Troutville, VA 24175
$800,000
Property Type:
Commercial
Lot Size (sq. ft.):
91,476
Status:
Active
Current Price:
$800,000
List Date:
11/14/2025
Last Modified:
4/23/2026
Overview
Description
Desirable 2+ acre commercial corner site in Troutville, VA, just minutes from I-81, offering excellent visibility, access, and signage potential. Located on a busy highway in growing Botetourt County, it's ideal for redevelopment, mixed-use, or an owner/user seeking strong traffic exposure. The brick building with tin roof has upgraded electrical, HVAC, roof, and professionally encapsulated asbestos. Two exterior loading docks support distribution, storage, or service uses. A 3 bed / 2 bath living quarters with full kitchen, rooftop deck, and open-air courtyard provides rental income, on-site manager space, or live/work potential. It could also be the start for a daycare or condo development.
Listing Details MLS# 922755
Location, Tax & Legal
- Area
- 0700 - Botetourt County
- Street Number
- 5383
- Street Name
- Lee Hwy
- State/Province
- VA
- Zip Code
- 24175
- Municipality
- Botetourt County
- Major Area
- 07 - Botetourt County
- Tax ID
- 101D-69
- Annual Taxes
- 2590
- Zoning Code
- B2
General Property Description
- Construction Status
- Completed
- Year Built
- 1927
- Total Acreage
- 2.1
- Traffic Count
- 7200
- Flood Area
- No
- Gross Lot SqFt
- 91476
- On site Parking
- Yes
- Parking Spaces
- 100
- Gross Building SqFt
- 14287
- Lease Available
- No
- Water Class
- N/A
Remarks & Misc
- Directions
- Take 81 South to exit 150. Take exit 150 B for US-11N. Continue to the traffic circle, take the 3rd exit onto US-11. Turn left onto School Dr.
Limited Service
- Not Limited Service
- Yes
Construction
- Brick
- Yes
More Information
Commercial Type
- Investment
- Yes
- Office
- Yes
- Retail
- Yes
Business Type
- Other
- Yes
Sale Includes
- Building & Land
- Yes
Water Description
- Public
- Yes
Sewer Description
- Public Sewer
- Yes
Manufactured Homes
- No HUD Tag
- Yes
Roof System
- Metal
- Yes
- Other - See Remarks
- Yes
Levels
- One
- Yes
Floors
- Wood
- Yes
Topography
- Level
- Yes
Property Features
Limited Service:
Not Limited Service
Commercial Type:
Investment; Office; Retail
Business Type:
Other
Sale Includes:
Building & Land
Construction:
Brick
Roof System:
Metal; Other - See Remarks
Levels:
One
Floors:
Wood
Manufactured Homes:
No HUD Tag
Water Description:
Public
Sewer Description:
Public Sewer
Topography:
Level
Listing Office:
REINER REALTY
Last Updated: April - 23 - 2026
All searches are performed on live data on the MLS server. Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this website does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed daily, but its accuracy is subject to market changes. All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this website may only use this listing data for their personal, non-commercial benefit. The unauthorized retrieval or use of this listing data is prohibited.
