Prime Commercial-Agricultural opportunity in the heart of historic Lebanon, CT. Located directly across from the Town Green, this 34-acre property offers expansive, income-producing farmland and a fully renovated barn with built-in event capabilities. Perfect for a variety of commercial ventures. The land features fertile, open acreage currently used for hay production and vineyards, with ideal conditions for expansion into livestock, equestrian use, specialty crops, or agritourism. Zoned for agricultural use with potential overlays (subject to town approval), this property is well positioned for farming operations, farm to table enterprises, or vineyard/winery development. At the core of the property is a renovated 1,244 sq ft event barn with seating for 50-60 guests, accompanied by a 1,344 sq ft patio with sweeping rural views. This facility is ideal for weddings, retreats, farm markets, tastings, or private functions, offering immediate revenue-generation potential. A well-preserved 3-bedroom, 1,856 sq ft Antique Colonial, circa 1700, adds residential or office space potential, staff housing, or guest accommodations. Whether you're an investor, entrepreneur, or agricultural visionary, 139 W Town Street offers the infrastructure, setting and flexibility to bring your commercial vision to life.

Lebanon is located in Connecticut. Lebanon, Connecticut has a population of 7,140. Lebanon is more family-centric than the surrounding county with 33.63% of the households containing married families with children. The county average for households married with children is 27.48%.
The median household income in Lebanon, Connecticut is $96,490. The median household income for the surrounding county is $79,040 compared to the national median of $69,021. The median age of people living in Lebanon is 47.8 years.
The average high temperature in July is 81.3 degrees, with an average low temperature in January of 14.9 degrees. The average rainfall is approximately 50.6 inches per year, with 33.7 inches of snow per year.