Back to Search
Commercial General Land Site

311 E Lee Street Marion, VA 24354

Claim this Listing
New
For Sale
$289,000

COMMERCIAL - Marion, VA

Lot size:
1.41 Acres
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

Listing office Appalachian Realty Co. 123 W Main St., Marion, VA

Listing date Jul 9, 2026

MLS# 100778

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.

This 1.41-acre commercial general property in Marion, Virginia is offered as a redevelopment site. The parcel includes several older rental houses at 311, 315, 321, and 325 E Lee Street, which are described as ready to be demolished. The property records that asbestos has been removed from 321 and 325. All structures were built during the 1930s through 1960s.

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

FAQs

What type of property is this?
Commercial land - 1.41-acre corner site in Marion’s CG zoning, with existing rental houses slated for demolition and river floodplain noted.
Where is this commercial land located?
The property is located at 311 E Lee Street Marion, VA.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: 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
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message