$951,553*
●
Commercial -
Off Market
1312 East Main
Lebanon, VA 24266
Studio
0 Bath
$720,000 - $880,000
Reference Base Price*
18.94%
Since Jun 1, 2021
National-US
Primary Model
About This Property
Once a thriving 5000SF restaurant and 64 room/suite motel.
With updates, it can be fully operational again. Two story
motel is situated on 1.9 acres on Main Street in Lebanon, the
county seat of Russell County. There is a storage building and
extra parking behind the motel. Property has high visibility with
over 500" of road frontage and is close to several fast food,
retail and professional establishments. Since motel has been closed
for a few years, NO Financials are available.Priced at county
assessment. Would make an ideal apartment building.
Unit Size
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Days on Market
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Land Size
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Price per sqft
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Property Type
Commercial
Property Taxes
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HOA Dues
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Year Built
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 21, 2021 | No longer available | - | |
| No longer available | |||
| Sep 13, 2019 | Relisted | $800,000 | |
| Relisted | |||
| Sep 11, 2019 | No longer available | - | |
| No longer available | |||
| Aug 4, 2019 | Relisted | $800,000 | |
| Relisted | |||
| Jan 11, 2019 | No longer available | - | |
| No longer available | |||
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Property Highlights
1312 East Main
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
12/13/2018
|
|
Loft
|
-
|
-
|
$1,200,000
Loft
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Building Info
