Income-Producing Commercial Property For Sale in Lebanon, VA
1363 East Main Street, Lebanon, VA 24266
$240,000 MLS 79374
This 3600 SF prime commercial property is income-producing and has a variety of opportunities in the Town of Lebanon. The property is currently leased to a thriving day care center through 2023, but the building could easily be modified to fit most needs. Located right on East Main Street and Business Rt. 19 with 200 feet of road frontage, this property is ideally located for any type of business. The building is 60'x60' with most of the space open in the front of the building. Large, glass windows across the front of the building let in plenty of light and showcase your business from the road. There are restrooms, a commercial kitchen, storage room, and office in the back of the building. From Main Street, there are two entry doors to the building. There is ample parking in the property's own lot with 17 spaces. Utilities include public water and sewer, high-speed fiber optic broadband Internet access, and telephone line. There is central heating and cooling.
Recent updates done by Tenant include new laminate flooring, new paint, installation of security system, installation of hand-washing sinks in the main area, installation of keypad entry system, fencing around both sides of building, repair/replace of doors, and more. The term of current lease agreement is June 2, 2020 to May 31, 2023. Monthly rent is $2,000. Tenant has option to renew the lease for one term of two years at $2,200/month. Tenant also has option to purchase the property at pre-determined amount during the initial lease term. Disclosure- roof has leaked in spots previously. Landlord has made repairs and mitigated leak, but it sometimes reappears after very strong storms. County tax records show address as 1863 E Main St; correct address is 1363 E Main St.
Recent updates done by Tenant include new laminate flooring, new paint, installation of security system, installation of hand-washing sinks in the main area, installation of keypad entry system, fencing around both sides of building, repair/replace of doors, and more. The term of current lease agreement is June 2, 2020 to May 31, 2023. Monthly rent is $2,000. Tenant has option to renew the lease for one term of two years at $2,200/month. Tenant also has option to purchase the property at pre-determined amount during the initial lease term. Disclosure- roof has leaked in spots previously. Landlord has made repairs and mitigated leak, but it sometimes reappears after very strong storms. County tax records show address as 1863 E Main St; correct address is 1363 E Main St.
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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!
