1312 East Main

    Lebanon, VA 24266
    • $800,000
    • STATUS: Active
    • ON SITE: 340 days
    • MLS #: 67525
    UPDATED: 178 min ago
    $800,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 31,100
      SQFT
    • $26
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:
    Area:

    School Ratings & Info

    Description

    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.

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    © 2019 Southwest Virginia Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Highlands Realty, Inc.. Data last updated: 2019-11-18T00:14:28.133.
    www.highlandsrealtyinc.com/homes/90034367

    1312 East Main Lebanon, VA 24266

    • Price: $800,000
    • Status: Active
    • Updated: 178 min ago
    • MLS #: 67525
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    31,100
    SQFT
    $26
    $/SQFT
    Neighborhood:
    Lebanon
    County:
    Russell
    Area:
    Lebanon
    Property Description
    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.
    Exterior Features

    Building Exterior Brick Exterior Features Parking 50+ Spaces Lot Dimensions 1.9 Road Frontage Feet 550 Roof Built-Up Style Building Free Standing

    Interior Features

    Air Conditioning Other-See Remarks Floors CarpetConcrete SlabTile Heating System Other-See Remarks Interior Features Extra StoragePublic Restrooms

    Property Features

    Additional Structures Storage Building Building Age Unknown County Taxes 9598.00 Current Use RestaurantMotel/Hotel Equipment Leased None Gross Income 0.00 Lease Rate 6000 Lot Number 64-81 Net Income 0.00 Property Description Located in City LimitsPlat Recorded Property Type Multi Use Building Sprinkler System None Tax Map Number 104R IAA Tax Year 2018 Town Taxes 0.00 Utilities Electricity ConnectedNatural Gas ConnectedSeparate Meters Water Sewer Public Zoning None

    Listing information © 2019 Southwest Virginia Association of REALTORS®
    Listing provided courtesy of Elizabeth Stuart of Stuart & Associates.


    © 2019 Southwest Virginia Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Highlands Realty, Inc.. Data last updated: 2019-11-18T00:14:28.133.
     
    Highlands Realty, Inc.
    461 W. Main St.
    Abingdon VA, 24210