1672 Main St Lebanon, VA 24266
This pristine, single-story commercial building, located at 1672 E Main Street in Lebanon, Virginia, offers 1,440 square feet of versatile space. Situated on a half-acre lot, the property boasts ample parking, well-maintained driveways, and attractive landscaping. Its Main Street location provides excellent visibility and accessibility. The building is ideal for a variety of uses, including office space, medical facilities, or retail establishments. The interior is ready for immediate occupancy by the end of January. The property is currently being offered at $269,500. A significant advantage for potential buyers is the inclusion of a five-year non-compete clause for financial institutions, ensuring a degree of market protection. This presents a unique opportunity to establish or expand a business in a thriving community. The combination of location, size, condition, and the non-compete agreement makes this property a compelling investment. Contact us today to schedule a viewing and explore the possibilities.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.