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    Lebanon, IN

    Lebanon, IN Commercial Real Estate for Sale

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    28 properties
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    Commercial Flex Space
    Updated: May 31
    Commercial Flex Space

    7984 W State Road 32, Lebanon, IN 46052

    $489,900
    2.58 AC lot
    Approximately 2,100 square feet of flex space
    Built in 2003
    Commercial/mixed‑use zoning
    Includes adjacent parcel on the north side
    Frontage along State Road 32 in Lebanon, Indiana
    View details
    Industrial Land
    Updated: May 7
    Industrial Land

    4755 N 275 W, Lebanon, IN 46052

    $6,200,000
    57.00 AC lot
    57‑acre industrial land tract
    Agricultural zoning
    Public sewer listed; well needed
    Immediately north of Eli Lilly’s manufacturing and research complex
    Along the I‑65 corridor
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    Industrial Land Near LEAP Project
    Industrial Land Near LEAP Project

    17 N 300 W, Lebanon, IN 46052

    $177,272
    21.23 AC lot

    Ag/Vacant-zoned land with adjacent high-power transmission and water infrastructure near an expanding industrial area.

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    Three-Bay Car Wash Building
    Three-Bay Car Wash Building

    602 Friend Way, Lebanon, IN 46052

    $1,798,000
    10,400 sqft 1.79 AC lot

    Interstate-oriented car wash with office, storage, conference, equipment, and break room areas.

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    Industrial Land with Utility Access
    Industrial Land with Utility Access

    17 N 300 W, Lebanon, IN 46052

    $177,272
    21.23 AC lot

    Industrial development acreage with adjacent high-power transmission and water access.

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    Industrial Warehouse with Outdoor Storage
    Industrial Warehouse with Outdoor Storage

    510 Indianapolis Ave, Lebanon, IN 46052

    $2,950,000
    37,000 sqft 4.57 AC lot

    Renovated multi-tenant facility includes space available for immediate occupancy.

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    Retail Space with Adjacent Parcel
    Retail Space with Adjacent Parcel

    7984 W State Road 32, Lebanon, IN 46052

    $489,900
    2,100 sqft 2.30 AC lot

    Commercial/mixed-use zoning and a combined site support a range of commercial configurations.

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    Brick Restaurant Building
    Brick Restaurant Building

    525 LAFAYETTE AVE, Lebanon, IN 46052

    Contact for pricing
    1,130 sqft

    Compact brick commercial building with an established restaurant occupant near downtown Lebanon.

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    Development Land with Road Frontage
    Development Land with Road Frontage

    545 S 500 E, Lebanon, IN 46052

    $9,550,000
    95.00 AC lot

    95 acres of development land with approximately 610 feet of road frontage near State Road 32.

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    Agricultural Development Land Parcel
    Agricultural Development Land Parcel

    6775 S 475 E, Lebanon, IN 46052

    $1,800,000
    20.00 AC lot

    Agricultural-zoned land with majority tillable acreage, includes a home, garage, apartment, barn, and tool shed.

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    Industrial Development Land
    Industrial Development Land

    4755 N 275 W, Lebanon, IN 46052

    $6,200,000
    57.00 AC lot

    57-acre development tract with interstate access and high visibility along the I-65 corridor in Boone County.

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    Commercial Land Near Downtown
    Commercial Land Near Downtown

    610 W South St, Lebanon, IN 46052

    $1,275,000

    Utilities are at the site, with direct access to SR 32 and convenient connections to I-65.

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    Commercial Land
    Commercial Land

    545 S 500 E, Lebanon, IN 46052

    $9,550,000

    Substantial commercial land tract near State Road 32 with extended road frontage and regional access.

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    Commercial Development Land
    Commercial Development Land

    1125 West 300 North, Lebanon, IN 46052

    $5,000,000
    1,742,400 sqft

    Ag-zoned commercial land with additional acreage on both sides of the parcel.

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    Two Large Industrial Land Parcels
    Two Large Industrial Land Parcels

    5000 N 275 W, Lebanon, IN 46052

    $2,150,000

    Two industrial land parcels with convenient access to Interstate 65, positioned between Lafayette and Indianapolis.

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    Agricultural Land with Improvements
    Agricultural Land with Improvements

    6745 475 East, Lebanon, IN 46052

    $1,800,000
    882,090 sqft

    Agricultural parcel with tillable ground, existing outbuildings, and proximity to Interstate 65 access.

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    Agricultural Commercial Land
    Agricultural Commercial Land

    975 West 300 North, Lebanon, IN 46052

    $2,500,000
    871,200 sqft

    Agricultural zoning applies to this commercial land tract beside a larger adjoining parcel.

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    Tillable Farmland Tract
    Tillable Farmland Tract

    352 N State Road 75, Lebanon, IN 46052

    $200,000

    Predominantly tillable farmland with State Road 75 frontage and access to Lebanon, Thorntown, and Crawfordsville.

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    Vacant Billboard Sign Lot
    Vacant Billboard Sign Lot

    3901 N State Road 52, Lebanon, IN 46052

    $140,000
    0.50 AC lot

    Vacant half-acre parcel positioned for billboard use and visibility from I-65.

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    Industrial Property
    Industrial Property

    202 S MT ZION RD, Lebanon, IN 46052

    Contact for pricing
    46,800 sqft

    Industrial facility with PBI - Planned Business Industrial zoning and access to Interstate 65.

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    Retail Space on Heavily Traveled Street
    Retail Space on Heavily Traveled Street

    1223 S Lebanon St, Lebanon, IN 46052

    $379,900
    868 sqft

    Retail space in high-traffic area near new field house.

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    Boone County Land Opportunity
    Boone County Land Opportunity

    690 W State Road 47, Lebanon, IN

    Contact for pricing
    2.65 AC lot

    2.65 acres near Eli Lilly development in Boone County.

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    Commercial Development Land Package
    Commercial Development Land Package

    3776 N State Road 39, Lebanon, IN 46052

    Contact for pricing
    4.75 AC lot

    Four contiguous parcels totaling 4.75+/- acres with frontage on SR 39 and W 375 N, subject to rezoning for commercial use.

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    Commercial Redevelopment Land
    Commercial Redevelopment Land

    200 S Lebanon St, Lebanon, IN 46052

    Contact for pricing
    0.35 AC lot

    35-acre redevelopment site with strong visibility along Indiana 32 and 39, just minutes from I-65.

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    Lebanon, IN Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Lebanon, IN, showcased through 28 active listings on our real estate platform. These investment opportunities span a total of 3,593,988 square feet of properties for sale, with an estimated market value of $53,277,244.

    Sale prices for business properties in Lebanon, IN start at $140,000, averaging $2,663,862, and reaching up to $9,550,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    Lebanon, IN CRE market trends — vacancy, lease rates and price per SF, updated monthly
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    Demographics Overview

    Population 23K
    Population Growth (5Y) +5.4%
    Median Household Income $66,828
    College Educated 33.9%

    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
    46052 $2.9M

    Taxes & Financing

    Tax Rate (average for all types) 1.60%
    Property Tax per SF $37.47 per SF
    Tax Rate vs County Average 0.08 pp below county avg
    Average Loan-to-Value 65.0%

    How Realmo verifies these figures

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