307 West Main Street
Lebanon, VA, 24266 $ 227,500
Bedrooms-- Baths-- Sq 1,500 Monthly Estimate*
$ 1,401
for $227,500. This building is 1,500 square feet.
Prime Main Street Commercial Office Space-Charming Small-Town Setting Discover a rare opportunity to purchase a warm, inviting, and highly functional commercial space perfectly positioned along Main Street in one of the area's most charming and community-centered small towns. With excellent visibility, ample off-street parking, and a welcoming, professional atmosphere, this property is ideally suited for a variety of office, wellness, retail, or service-based businesses. Included are 4 office spaces (1 ready for x-ray services), 2 bathrooms (1 ADA compliant), and a large storage room with shelving. With the versatility of 4 offices, this space could also work for multiple small business owners looking to share expenses and/or rent out the extra rooms. Think marketplace or full-service salon! Outside features include 10+ parking spaces, brick paver walkways, and a crawl space underneath for easy access. This prime location provides walkability to area amenities such as the town recreation park, pool, public library, schools, police department, bank, courthouse, restaurants, theater, and more. Some office furniture will convey. Sellers are offering up to a $2,500 seller credit with approved offer/terms to assist with down payment, closing costs, or property modifications. There is a second listing for the property for lease.
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FeaturesInteriorInterior Amenities Public Restrooms
Flooring Carpet Tile
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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GeneralSewer Public Sewer
Heating Heat Pump
Cooling Heat Pump
Utilities Cable Available Electricity Connected Phone Available
Possession Close Of Escrow
Roof Composition
Zoning Commercial
Security Features Fire Sprinkler System
Construction Materials Brick Masonry
Property Subtype Business
Tax Year 2025
Current Use Professional/Office Other
Gross Income 0
County Russell
Net Operating Income 0
New Construction N
Property Type Business Opportunity
HOA N
Attached Garage N
Garage Y/N N
Other Structures Additional Structures(None)
Status Active
Directions From Abingdon VA take US 19N toward Lebanon for 18 miles. Take exit 1 toward Lebanon/Cleveland. Turn left off of exit toward Lebanon. Follow Main Street approximately 1 mile. The property will be on
City Lebanon
MLS Area Lebanon
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 760.81
Home Warranty Y/N N
Additional Parcels Y/N N
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot 104R 653
Freehold IDX BBO
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ExteriorExterior Amenities Rain Gutters
Parking Features Parking 10+ Spaces
Lot Features City Lot Landscaped
Water Source Public
Total Parking 10
Spa N
Building Area Total 1500
Waterfront Y/N N
Other Equipment Equipment Leased(None)
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList Bymovewithrobin1@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,401
- Monthly Property Taxes
- $63
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Lebanon, VA
Average List Price $2,333,725
Percent of Sale Price 926%
About Lebanon, VA 3,455 Population
-1% Since 2002
$ 46,667 Median Income
42.82 Median Age
17% Households with Children
Trends Information provided by ATTOM Data Solutions.
1875416 Elementary School
1875515 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/13/2026 | $227,500 | | Listed Price |