Property Description

Price listed is Starting Bid Only. Bidding starts closing 8/13/2026 @ 6:30p.m. Great commercial opportunity in Lebanon! Formerly used as an antique mall, this approximately 5,514+/- square foot building was in the process of a complete rehabilitation and is waiting for you to finish. Recent improvements include a new roof, windows, tuck-pointing, gas and oil separator, plumbing running to the main sewer line, reinforced rafters, new glass in all windows, new garage door, and radiant heaters. The building has all public utilities available and is situated on a spacious 0.25+/- acre corner lot with a front parking lot accessible from Route 4. Additional benefits include a paved alley along the property and a nearby public parking lot, providing convenient access for customers and visitors. The property benefits from approximately 12,800+/- average daily traffic counts on Route 4 and approximately 5,800+/- daily traffic counts on Highway 50. Ideally located among other shopping, dining, and business establishments in downtown Lebanon, IL, this property offers exceptional potential for a variety of commercial uses. Do not miss this opportunity! Property will sell under auction terms and be sold AS- IS, WHERE-IS. Seller, will not make any repairs as a result of any building, occupancy, or environmental inspections. Buyer will be required to sign an Auction Purchase & Sale Agreement if final bid is accepted by Sellers.

Property Features