The Local Mercantile of Downtown Lebanon for Sale
56 W Main St, Lebanon, VA MLS 76142 $138,000
Here’s your chance to own a beautiful, historic home, circa 1917, in Downtown Lebanon. Home to a local coffee shop and mercantile, this property boasts over 2,000 sq ft with 3 "bedrooms" with walk-in closets, one and half baths, covered front porch, crown molding, 9-foot ceilings, beautiful hardwood floors, and two large fireplaces. The Sunroom addition was converted into the kitchen, and two rooms were opened up to create a point-of-sale and dining room. All other rooms are currently used for retail space. Detached garage provides plenty of storage. Recent updates include new shingle roof, new HVAC and duct work, wet sprinkler system installed ~6 years ago, and updated plumbing in 2016. The large back lot and deck has with potential for expansion, entertainment, etc. Situated in Downtown and close to spa, brewery, theater, and other shops. Come see this beautiful home and dream of all the possibilities. Contact owner directly at 757-985-7862 for inquiries or to schedule showings.
Plenty of street parking is available in front of the house. The back entrance is handicap accessible. The property is currently zoned commercial but was previously zoned residential and can likely be rezoned to residential by request to Lebanon Planning Commission. Listed price is for land and house only. Purchase of business and associated equipment is negotiable with property. Lot size is approximate; dimensions in tax records are 66x235x60x237.
Plenty of street parking is available in front of the house. The back entrance is handicap accessible. The property is currently zoned commercial but was previously zoned residential and can likely be rezoned to residential by request to Lebanon Planning Commission. Listed price is for land and house only. Purchase of business and associated equipment is negotiable with property. Lot size is approximate; dimensions in tax records are 66x235x60x237.
Commercial Brick Office Building in Downtown Lebanon for Lease
307 W Main St, Lebanon, VA MLS 76240 $1,000/Month Rent
Formerly a chiropractic office, this commercial brick office building is ready for new tenants. Ideally located in growing downtown Lebanon, VA, it is in close proximity to the Lebanon Post Office, First Bank & Trust, Dominion Office Supply, Lebanon Park, and Town Hall. It is complete with a lobby/reception area; four, large offices or work spaces that could serve as exam/treatment rooms; public and staff restrooms; storage area & kitchenette; front and back entrances; spacious paved rear parking lot with 10+ spaces; over 60 feet of Main Street road frontage; high speed commercial Point Broadband Internet; Verizon phone lines; new heat pump; and public water/sewer. Flooring is low-pile carpeting, vinyl in bathrooms. Multiple windows allow for plenty of natural light. This property is in good condition and move-in ready. Landlords are seeking at least one year lease. Tenant will be responsible for all utilities and lawn care/snow removal.
Former Applebee's Building Available For Sublease or Assignment
89 Elliott Drive, Lebanon, VA, MLS 74179
Starting at $7,787/month
This former Applebee's restaurant in Lebanon, VA is now available for sublease or lease assignment at $7,787/NNN. The 3,750 SF free-standing masonry building was constructed in 2006 and sits on a 1.413 AC lot with 80 parking spaces- a pad to Walmart Supercenter. Previous Applebee's restaurant closed in July 2019, and all restaurant equipment and furnishings remain. Property is located near the exit to US Highway 19 in an economic development area with retail anchors including Walmart, Dollar Tree, Advance Auto Parts, Rent-A-Center, Russell Cellular Verizon retailer, and CATO Fashions. Nearby established restaurants include KFC, Subway, El Campesino Mexican, Burger King, Pal's, and Bonanza Steakhouse. Lebanon's two hotels, the recently constructed Holiday Inn Express & Suites and Super 8, are close by, as are several major employers, including: AT&T call center, Samuel Pressure Vessel Group, Polycap, and Appalachian Power. Average daily traffic count of US HWY 19 is 13,000 as per VDOT.
Also available for sale as a commercial investment property
MLS 74468
Listed at $1,245,853, based on 7.5% CAP rate
Triple net lease is in place through June 12, 2028.
Rent: September 1, 2019 TO March 1, 2022- $7,786.57/month.
Rent April 1, 2022 TO March 1, 2027- $9,036.57/month.
Rent April 1, 2027 TO June 1, 2028- $9,453.24/month.
Rent: September 1, 2019 TO March 1, 2022- $7,786.57/month.
Rent April 1, 2022 TO March 1, 2027- $9,036.57/month.
Rent April 1, 2027 TO June 1, 2028- $9,453.24/month.
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Beautiful 2-Acre Lot in Granville Meadows to build your Dream Home
Lot 4, Granville Meadows Drive, Lebanon, VA 24266
PRICE REDUCED TO $35,900 MLS 68753
This is a stunning two-acre lot in stately Granville Meadows subdivision in the highly-desired Green Valley section of Lebanon. The land is clear and ready for home construction with multiple home sites to choose from. The lot gently rolls and slopes slightly down towards Granville Meadows Drive. This is one of last lots available in the established and private Granville Meadows subdivision. Take in picturesque views of the Clinch Mountains from any spot on the lot. Only seconds from Lebanon's stores, restaurants, and entertainment, this lot is outside of town limits- and town taxes. Perc test was passed in 2005. Reasonable subdivisions restrictions help to maintain the beauty of the area and protect property values. Subdivision restrictions are include, but are not limited to: 25-ft set-back, 1,600 SF minimum, similar construction, no single- or double-wides or modulars, paved driveway, no chicken houses, no junk yards.
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New Drone Photos by Matt Looney! |
Now accepting new listings!
Thinking about selling your property? Give me a call today at (276) 202-9277 to discuss how I can help you in the selling process and the great benefits of using a Realtor. Your listed property will follow a custom-designed marketing plan, and I will use every marketing tool at my disposal to find a ready, willing, and able buyer for your property as quick as possible. I want your selling experience to be worry-free!
