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    Lebanon, KY
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    Lebanon, KY Apartment Buildings for Sale

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    Mixed-Use Building With Restaurant
    Updated: Mar 18, 2025
    Mixed-Use Building With Restaurant

    202 W Main Street, Lebanon, KY 40033

    $899,000
    16,500 sqft 0.24 AC lot
    16,500‑square‑foot mixed‑use building on a 0.24‑acre site
    Restaurant area measures 9,000 square feet
    Seven apartments: six on the second floor and one in the rear
    Commercial kitchen, bar, server stations, projectors, and sound system
    Walk‑in freezers and coolers, plus banquet room with dedicated bathrooms
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    Mixed-Use Building with Restaurant
    Updated: Mar 28, 2025
    Mixed-Use Building with Restaurant

    202 W Main Street, Lebanon, KY 40033

    Contact for pricing
    16,500 sqft
    Two‑story mixed‑use building with 7 apartments on the 2nd story and a restaurant level on the ground floor
    Restaurant level totals 9,000 SF and includes a fully functioning commercial kitchen, bar, and server stations
    Restaurant includes projectors, sound system, and walk‑in freezers/coolers
    Full‑size banquet room with its own bathrooms
    Located on Main Street corner with 225 ft of street frontage
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Lebanon, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Renovation-Ready Apartment Building
    Renovation-Ready Apartment Building

    4314 Mackville Road, Harrodsburg, KY 40330

    $562,500
    6,933 sqft 5.60 AC lot

    Renovation-stage apartment building with central air, forced-air heat, water service, and septic, plus two additional outbuildings.

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    Renovating Apartment Building
    Renovating Apartment Building

    4314 Mackville Rd, Harrodsburg, KY 40330

    $562,500
    6,933 sqft 5.60 AC lot

    Former school building is roughed in for apartment units with planned bath/kitchen areas, plus two additional outbuildings.

    View details
    Turnkey Multifamily Investment Opportunity
    Turnkey Multifamily Investment Opportunity

    1055 N Buckman St, Shepherdsville, KY 40165

    Contact for pricing

    52-unit multifamily property in Shepherdsville with recent renovations.

    View details
    Garden-Style Apartment Community
    Garden-Style Apartment Community

    111 Erie Ct, Shepherdsville, KY 40165

    Contact for pricing

    138-unit garden-style apartment community with 103 renovated units and 98.6% occupancy.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

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    Greenville Development Opportunity: 1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    71 Salters Road, Greenville, SC 29607

    $650,000
    1.33 AC lot

    1.33 acre parcel suitable for multi-family development near downtown.

    View details
    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

    View details
    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

    View details

    Lebanon, KY Apartment Buildings Market Trends and Statistics

    Explore 2 apartment buildings for sale in Lebanon, KY on our real estate platform. These investment opportunities span a total of 33,000 square feet of properties for sale, with an estimated market value of $899,000.

    Sale prices for two-family homes in Lebanon, KY average $899,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 12K
    Population Growth (5Y) -8.5%
    Median Household Income $49,642
    College Educated 16.0%

    High-Yield Neighborhoods for Investment

    Identify Lebanon submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    40033 $899K

    Taxes & Financing

    Tax Rate (average for all types) 1.12%
    Property Tax per SF $11.11 per SF
    Tax Rate vs County Average 0.04 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Marion County

    New Delisted

    Total CRE Inventory on Market (SF)

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