Property summary
This exceptional commercial property, situated on a highly visible 19.5-acre lot within Lebanon city limits, presents a unique investment opportunity. Boasting 180 feet of highway frontage on Highway 32, this property enjoys significant traffic exposure. The all-brick building offers a versatile layout, ideal for a variety of commercial uses. The 2,900 square foot building includes 1,369 square feet of office space and a 1,500 square foot garage/shop area featuring three 10x14 overhead doors. The office area is well-appointed with a spacious waiting area, multiple offices, and two bathrooms, one of which includes a shower. A full kitchen equipped with appliances adds to the functionality. The property is in excellent condition, with recent improvements including a newly sealed asphalt parking lot, ample lighting, and a newer HVAC system. The expansive 36,000+ square foot paved area provides ample parking and maneuvering space. Previously used as a retail car lot, this property's prime location and versatile design make it suitable for a wide range of commercial ventures. The property is offered as part of MLS listings #24048250 and #24047542.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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