Restaurants

Lebanon, VA Restaurants for Sale

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Freestanding Drive-Through Restaurant
Updated: Oct 30
Freestanding Drive-Through Restaurant

21 Highland Dr, Lebanon, VA 24266

Contact for pricing
2,785 sqft 1.14 AC lot
Vacant 2,785‑square‑foot restaurant building on 1.1377 acres
Existing drive‑through, pylon sign, and 35 surface parking spaces
Approximately 427 feet of combined frontage on E Main Street/US Route 19 and Highland Drive
Two curb cuts; traffic counts of approximately 8,929 VPD on E Main Street and 12,331 VPD on US‑19
C‑1, Commercial zoning
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1 active listing matches your search: Restaurant for sale in Lebanon, VA. Based on your search, we've also compiled 21 Potential Opportunities for your consideration: 4 properties in nearby cities, 13 off-market properties to explore as potential leads, and 4 land listings with development potential.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Restaurant Building with Kitchen Equipment
Restaurant Building with Kitchen Equipment

598 Cummings Street, Abingdon, VA 24210

$999,000
2,286 sqft 0.29 AC lot

B2-zoned restaurant property with existing kitchen appliances and convenient access to I-81 at Exit 17.

View details
Restaurant with Outdoor Dining
Restaurant with Outdoor Dining

139 Town Square Street, Glade Spring, VA 24340

$199,900
1,416 sqft 0.07 AC lot

Brick restaurant with commercial zoning, installed food-service equipment, and indoor and outdoor customer seating.

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Restaurant Building with Outdoor Deck
Restaurant Building with Outdoor Deck

139 Town Square St, Glade Spring, VA 24340

$199,900
1,416 sqft

Restaurant property with built-in kitchen equipment and separate outdoor dining areas.

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Abingdon Commercial Property For Sale
Abingdon Commercial Property For Sale

149 DEADMORE ST, Abingdon, VA 24210

Contact for pricing
2,370 sqft

Commercial property in central Abingdon, Virginia, with business opportunity.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Cleared C-1 Commercial Land
Cleared C-1 Commercial Land

Main Street lot: B, Lebanon, VA 24266

$269,000
2.13 AC lot

Mostly level, cleared site with water available and commercial zoning within the Town of Lebanon.

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C-1 Commercial Land
C-1 Commercial Land

Main Street lot: A, Lebanon, VA 24266

$299,000
2.04 AC lot

Cleared, mostly level site with C-1 zoning and water available for commercial development.

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Bristol, VA Vacant Lot
Bristol, VA Vacant Lot

21515 Clear Creek Road, Bristol, VA 24202

$119,900
0.56 AC lot

0.56 acre vacant lot in Bristol, VA for sale.

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Commercial Land Near Interstate Access
Commercial Land Near Interstate Access

Stagecoach Road, Bristol, VA 24201

$249,900
1.20 AC lot

Commercial land with public water and sewer service near a major interstate route.

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Off-Market Properties in Lebanon, VA

Consider similar Off-Market properties in Lebanon, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

71 Regional Park Rd
RESTAURANT

71 Regional Park Rd, Lebanon, VA 24266-7046

Estimated value:
$1,305,000
3,468 sqft 1.17 AC lot
View details
44 Ml Ave
RESTAURANT

44 Ml Ave, Lebanon, VA 24266-3684

Estimated value:
$195,000
3,136 sqft 0.33 AC lot
View details
635 Main St
RESTAURANT

635 Main St, Lebanon, VA 24266-3809

Estimated value:
$250,000
1,750 sqft
View details
89 Elliott St
RESTAURANT

89 Elliott St, Lebanon, VA 24266-3658

Estimated value:
$300,000
4,552 sqft 1.41 AC lot
View details
326 Cliffside Dr
RESTAURANT

326 Cliffside Dr, Lebanon, VA 24266-7119

Estimated value:
$275,000
1,800 sqft 3.80 AC lot
View details
1273 Main St
RESTAURANT

1273 Main St, Lebanon, VA 24266-5016

Estimated value:
$235,000
3,576 sqft 0.56 AC lot
View details
1158 Main St
RESTAURANT

1158 Main St, Lebanon, VA 24266-5014

Estimated value:
$245,000
3,738 sqft
View details
1986 Main St
RESTAURANT

1986 Main St, Lebanon, VA 24266-7025

Estimated value:
$255,000
2,314 sqft
View details
370 Overlook Dr
RESTAURANT

370 Overlook Dr, Lebanon, VA 24266-3436

Estimated value:
$265,000
1,281 sqft 0.60 AC lot
View details
2243 Main St
RESTAURANT

2243 Main St, Lebanon, VA 24266-7190

Estimated value:
$220,000
7,184 sqft 1.11 AC lot
View details
21 Highland Dr
RESTAURANT

21 Highland Dr, Lebanon, VA 24266-4664

Estimated value:
$245,000
2,366 sqft 1.14 AC lot
View details
29 Finney St
RESTAURANT

29 Finney St, Lebanon, VA 24266-7008

Estimated value:
$250,000
2,349 sqft
View details
Fuller Rd
RESTAURANT

Fuller Rd, Lebanon, VA 24266

Estimated value:
$490,000
4,680 sqft 1.13 AC lot
View details

Lebanon, VA Restaurants Market Trends and Statistics

Explore 14 restaurants for sale in Lebanon, VA on our real estate platform. These investment opportunities span a total of 2,785 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Drive through restaurants 2

Demographics Overview

Population 8,688
Population Growth (5Y) -5.4%
Median Household Income $54,806
College Educated 23.8%

Taxes & Financing

Tax Rate (average for all types) 0.54%
Property Tax per SF $9.00 per SF
Tax Rate vs County Average 0.02 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Russell County

New Delisted

Total CRE Inventory on Market (SF)

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