311 E Lee Street Marion, VA 24354
COMMERCIAL - Marion, VA
- Added:
- Jul 9, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 10 at 7:06 pm
Property Features for 311 E Lee Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- CG
- Interior features
- Shell Only
- Standard status
- Active
- Lot size
- 1.41 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2619
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Space Heater
- Water source
- Public
Building Details
- Year built
- 1930
- Flooring type
- Concrete
- Building materials
- Asbestos, Masonite, Wood Siding, Masonry
- Roof type
- Metal
Listing agent Vickie Stamper License #0225024307 (276) 780-3172
Listing office Appalachian Realty Co. 123 W Main St., Marion, VA (276) 783-5173
Listing date Jul 9, 2026
Copyright © 2026 Southwest Virginia Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The site is located on a corner off E Lee Street and Main Street, with access described at the property’s intersection with Chatham Hill Road. The listing notes high exposure and heavy traffic exposure, and cites an average daily traffic count of 13,000. The parcel also borders the Middle Fork of the Holston River and lies in the floodplain.
For operators and developers, the asset presents an opportunity to start fresh on a CG-zoned commercial site with cleared and partially remediated structures. Prospective users should factor the floodplain designation into planning, including site work and development approach, given the property’s adjacency to the river.
Key Highlights
- 1.41‑acre commercial general property on the corner of East Lee St and Main St in Marion
- Includes 311, 315, 321, and 325 East Lee St older rental houses (built 1930s–1960s)
- Asbestos removed from 321 and 325; other materials include asbestos, wood siding, Masonite, and masonry