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978 Regional Park Rd Lebanon, VA 24266

Sponsored
For Sale
$4,900,000

54,683 SF Flex Space, $4.9M

Property size:
54,683 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional 54,683 square foot, two-story building, formerly occupied by AT&T, presents a prime business opportunity in Lebanon, VA. Situated on a 14.683-acre lot, this Class B property boasts 442 paved parking spaces and a 12-foot ceiling height throughout. Built in 2003, the building features a steel frame construction with a concrete slab foundation and a mechanical attic. The versatile M-1 zoning permits a wide range of uses, including retail, office, institutional, recreational, lodging, utility, and industrial. Recent improvements include a full roof replacement (within the last 5-7 years) featuring a pitched/standing seam metal roof. The interior features acoustical ceiling tiles, painted drywall, and a combination of suspended LED and canned incandescent lighting. Amenities include two sets of men's and women's restrooms (one with lockers and showers), a large cafeteria with kitchen, a fitness center, lounge, break rooms, and a reception area. The HVAC system comprises gas-fired rooftop heat package units, electric ground-mounted heat pumps, and a chiller system with two exterior units and four interior air handlers. A full building coverage wet sprinkler system ensures fire safety. Exterior features include concrete curbing, gutters, a dumpster pad, walkways, metal fencing, a metal storage building, and landscaping. A separate structure houses a full-building generator with a 7,300-gallon fuel tank. The property also includes multiple conference rooms, storage rooms, three large open bullpen office areas, and four large training rooms. A 12' x 14' dock-high loading door provides convenient access. A stormwater management pond is located along the road frontage. The building is being sold "as is". This is an unparalleled opportunity to acquire a substantial, well-maintained property in a desirable location.

Property Features for 978 Regional Park Rd

General Information

Property type
Flex space
Square Feet
54,683 SF
Class
B
Lot Size
639,591 SF

Building Details

Year Built
2003
Stories
2

HighLights

  • $4,900,000 asking price for a 54,683 SF vacant building.
  • Class B, mixed‑use (industrial, office) property in Lebanon, VA.
  • Former AT&T call center, featuring 442 parking spaces and a 14.683‑acre lot.
  • Built in 2003, with 12‑foot ceilings, two stories, and M‑1 zoning.
  • Includes amenities such as a cafeteria, fitness center, and multiple conference rooms.
Property Profile Location Intelligence

Current Use by Public Records

Flex space

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
-82.0457495
Latitude
36.8989462

FAQs

What type of property is this?
Flex space - 54,683 SF Flex Space, $4.9M
Where is this flex space 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.
What are key features of this property?
This property features: $4,900,000 asking price for a 54,683 SF vacant building.; Class B, mixed-use (industrial, office) property in Lebanon, VA.; Former AT&T call center, featuring 442 parking spaces and a 14.683-acre lot.
More about this property
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