For Sale
$1,200,000

140 Highland Dr Lebanon, VA 24266

8,624 sq ft Office Space - Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional single-story, 8,624 square foot office building in Lebanon, VA, presents a compelling investment opportunity. Constructed in 1998, the all-brick building boasts a flexible open floor plan complemented by perimeter offices, offering numerous layout possibilities. Currently, a lease is in place, extending through December 31, 2024, providing immediate income potential. The property's efficient heating and cooling system utilizes four heat pumps. Its convenient location in Lebanon, Virginia, places it in close proximity to both Russell County and town offices, ensuring high visibility and accessibility. The property is zoned C1, allowing for a variety of commercial uses. The asking price is $1,200,000, translating to $139.15 per square foot. This represents a strong value proposition for investors seeking a well-maintained, versatile office space in a desirable location. The building's single-level design and ample square footage make it ideal for a range of businesses or potential redevelopment. Serious inquiries are encouraged to explore the full potential of this prime commercial property.

Highlights

  • 8,624 SF single-story brick building with perimeter offices.
  • Lease in place through December 31, 2024.
  • Flexible interior layout adaptable for various office configurations.
  • Heated and cooled by four heat pumps.
  • Convenient Lebanon, VA location near Russell County and town offices.

Property Details for 140 Highland Dr

Property type
Office properties
Square Feet
8,624 SF
Year Built
1998
Buildings
1
Stories
1

Location Insight

City
Lebanon
County
Russell
State
Virginia
Latitude
36.904384
Longitude
-82.0675444

FAQs

What type of property is this?
Office property - 8,624 sq ft Office Space - Investment Opportunity
Where is the office property located?
The property is located at 140 Highland Dr Lebanon, VA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 8,624 SF single-story brick building with perimeter offices.; Lease in place through December 31, 2024.; Flexible interior layout adaptable for various office configurations.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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140 Highland Dr
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