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978 Regional Park Rd Lebanon, VA 24266

For Sale
$4,900,000

Spacious 54,683 sq ft building on 14 acres

Property size:
54,683 SF

Description

Added:
Feb 3, 2025
Days on Market:
309
This exceptional commercial property, located at 978 Regional Park Road in Lebanon, Virginia, offers a substantial 54,683 square feet of versatile space situated on a 14.68-acre lot. Built in 2003, this single-story steel-framed building features a concrete slab foundation and a mechanical attic. The property boasts a large parking lot with 442 newly sealed and marked paved spaces. The roof, a pitched/standing seam metal design, was fully replaced within the last 5-7 years. Interior features include acoustical ceiling tiles, painted drywall, and a combination of suspended LED and canned incandescent lighting. Ample restroom facilities are available, including two sets of men's and women's restrooms, one of which includes lockers and showers. The HVAC system comprises gas-fired rooftop heat package units, electric ground-mounted heat pumps, and a chiller system with two exterior units (104 and 170 ton) and four interior air handlers. A comprehensive wet sprinkler system provides full building coverage. Exterior improvements include concrete curbing, gutters, a dumpster pad, walkways, metal fencing, a metal storage building, and landscaping. The property also includes a large cafeteria with a kitchen, a fitness center, a lounge, break rooms, and a reception area. A 12' x 14' dock-high loading door facilitates efficient material handling. A stormwater management pond is situated along the road frontage. A separate structure houses a full-building generator with a 7,300-gallon fuel tank, ensuring reliable power. The interior layout includes multiple conference rooms, storage rooms, three large open bullpen office areas, and four large training rooms. High ceilings, measuring 12 feet throughout, contribute to a spacious and comfortable environment. Permitted uses are diverse and include, but are not limited to, retail, office, institutional, recreational, lodging, utility, and industrial applications.

Property Features for 978 Regional Park Rd

General Information

Property type
Other commercial real estate
Square Feet
54,683 SF
Lot Size
639,461 SF

Building Details

Year Built
2003

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Realty agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Lebanon
County
Russell
State
Virginia
Longitude
-82.04577
Latitude
36.89916

FAQs

What type of property is this?
Commercial real estate - Spacious 54,683 sq ft building on 14 acres
Where is this commercial real estate located?
The property is located at 978 Regional Park Rd Lebanon, VA.
What is the asking price?
The asking price for this property is $4,900,000.
More about this property
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