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Executive Summary

Located within the Lebanon town limits, this 2.04-acre commercial vacant lot offers an excellent opportunity for a wide range of development uses. The property features approximately 209 feet of road frontage on US Route 11 and over 400 feet of road frontage along Highland Drive, providing strong visibility and easy access. This property is located just on the other side of Highland Drive from Wendy's in Lebanon. Zoned C-1, the lot is cleared and mostly level, making it well suited for development with minimal site preparation. Permitted uses include retail, office, bank, church, hotel, restaurant, medical clinic, and other small business or professional uses, subject to zoning requirements. The property consists of a portion of Parcel 104R1018A. A zoning verification letter outlining specific permitted uses and development considerations is available for review. Conveniently located within the Town of Lebanon, this site offers a strategic in-town location with access to local amenities, services, and infrastructure--ideal for investors, developers, or business owners seeking a visible and versatile commercial site. New plat available, adjacent acreage at corner of Highland and Main also available, listed separately. A total of 4.17 acres +/- is available.

Property Facts

Price $410,742 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 2.04 AC
Zoning C-1 - Commercial

1 Lot Available

Lot

Price $410,742 CAD
Price Per AC $201,344.26 CAD
Lot Size 2.04 AC
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
104R1018A
Land Assessment
$732,955 CAD
Improvements Assessment
$0 CAD
Total Assessment
$732,955 CAD
  • Listing ID: 39789931

  • Date on Market: 2026-03-16

  • Last Updated:

  • Address: 0 E Main St, Lebanon, VA 24266

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