Lebanon, KY Commercial Real Estate for Sale

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Mixed-Use Retail and Office Building
Updated: May 20
Mixed-Use Retail and Office Building

325 W Main Street, Lebanon, KY 40033

$329,900
3,600 sqft 0.27 AC lot
3,600 sq. ft. downtown Lebanon mixed‑use property with about 3,000 sq. ft. adaptable commercial space and an additional 600 sq. ft. apartment
Commercial portion includes a reception area, kitchen area, and two fully finished bathrooms with an open layout
Front of the property is configured for drive‑through capability for customer‑focused businesses
Additional 600 sq. ft. 1‑bedroom, 1‑bath apartment with a fully finished kitchen and private rear exterior entrance
0.27‑acre lot with abundant rear parking plus garage/storage space
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Flexible Retail Storefront Building
Updated: Dec 17, 2025
Flexible Retail Storefront Building

212 N Depot Street, Lebanon, KY 40033

$595,000
7,000 sqft 2.07 AC lot
Commercial building just off Main Street in Lebanon
Formerly home to Burkmann's Nutrition (farm supply store)
History of retail and supply use with flexible interior space for multiple business types
Public sewer available
Metal roof
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Mixed-Use Income Property with Rentals
Mixed-Use Income Property with Rentals

65 Old Springfield Road, Lebanon, KY 40033

$700,000
11,500 sqft 1.09 AC lot

Three distinct sections include a restaurant/retail-ready front, an operating flea market, and a rear Airbnb rental.

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Advance Auto Parts For Sale
Advance Auto Parts For Sale

749 West Main St, Lebanon, KY 40033

$580,000
7,000 sqft

7,000 SF retail property with NN lease in Lebanon, KY.

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B3 Zoned Commercial Land Parcel
B3 Zoned Commercial Land Parcel

650 corporate drive, Lebanon, KY 40033

$1,000,000
20.78 AC lot

Commercially zoned land with substantial road frontage, offering flexibility for a range of development concepts in Lebanon.

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Industrial Development Land Parcel
Industrial Development Land Parcel

Woodlawn Ave- E Main Street, Lebanon, KY 40033

$1,578,000
20.27 AC lot

Industrial land totaling 20.27 acres with frontage and multiple entrances on S. Woodlawn Avenue and Main Street.

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Multi-Access Commercial Development Land
Multi-Access Commercial Development Land

E Main Street, Lebanon, KY 40033

$348,725
3.77 AC lot

3.77-acre land parcel with East Main Street frontage and two access points for flexible commercial and residential use.

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End Cap Restaurant Space Available
End Cap Restaurant Space Available

770 W. Main Street, Lebanon, KY 40033

Contact for pricing
59,760 sqft

End cap restaurant space in former Walmart center.

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Light-Industrial Development Land
Light-Industrial Development Land

Cyril Circle, Lebanon, KY 40033

$621,435
7.30 AC lot

Light-industrial-zoned tract offers development-ready acreage with straightforward access in Lebanon, Kentucky.

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Light Industrial Land Tract
Light Industrial Land Tract

1 S Woodlawn Avenue, Lebanon, KY 40033

$623,250
8.31 AC lot

Flat, build-ready land zoned for light industrial use on 8.31 acres in Lebanon, Kentucky.

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Commercial Land with Road Frontage
Commercial Land with Road Frontage

1000 corporate Drive, Lebanon, KY 40033

$195,000
2.51 AC lot

2.51-acre commercial lot with road frontage on Corporate Drive, suited for a wide range of development plans.

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Mixed-Use Building in Downtown Lebanon
Mixed-Use Building in Downtown Lebanon

202 W Main Street, Lebanon, KY 40033

$899,000
16,500 sqft 0.24 AC lot

Two-story mixed-use building with restaurant and apartments in downtown Lebanon.

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Small Farm Land with Building Sites
Small Farm Land with Building Sites

500 Gene Campbell Rd, Lebanon, KY 40033

$499,900
51.73 AC lot

A 51.73-acre Lebanon, KY small farm parcel with cropland, pasture, hunting opportunities, and utility access.

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Recreational Farm Tract with Pond
Recreational Farm Tract with Pond

1275 Gene Campbell Rd, Lebanon, KY 40033

$550,000
48.00 AC lot

48-acre tract with cropland and pasture, plus hunting and recreation space, featuring a small pond and building sites.

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Rural Hobby Farm Acreage
Rural Hobby Farm Acreage

1300 Gene Campbell Rd, Lebanon, KY 40033

$125,000
7.80 AC lot

Approximately 7.8-acre tract with a planned building site, suited for a small farm or hobby acreage setup.

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Hunting & Recreation Land
Hunting & Recreation Land

1350 Gene Campbell Rd, Lebanon, KY 40033

$250,000
23.00 AC lot

A 23-acre multi-use tract with crop and pasture areas, hunting and recreation, plus multiple building sites.

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Zoned B2 Commercial Lot
Zoned B2 Commercial Lot

150 block veterans memorial pky, Lebanon, KY 40033

$125,000
0.66 AC lot

Commercial lot zoned B2 near a major retail site, offering flexibility for a wide range of business uses.

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Prime Vacant Land in Lebanon
Prime Vacant Land in Lebanon

860 St Rose Rd, Lebanon, KY 40033

$325,000
5.00 AC lot

5 acres of real estate in a growing Kentucky location.

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Prime Vacant Land in Lebanon
Prime Vacant Land in Lebanon

860 St Rose Rd, Lebanon, KY 40033

$325,000
5.00 AC lot

5 acres of prime real estate in growing Lebanon, KY.

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Flat Light Industrial Land Tract
Flat Light Industrial Land Tract

317 S Woodlawn Drive, Lebanon, KY 40033

$505,500
20.27 AC lot

Build-ready light industrial-zoned land with flat topography and a gravel entrance for immediate access.

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Light Industrial Land Tract
Light Industrial Land Tract

S Woodlawn Drive, Lebanon, KY 40033

$108,750
1.45 AC lot

1.45+/- acre light industrial tract with the option to combine with adjoining land for up to 18.82+/- acres.

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Prime Vacant Land Opportunity
Prime Vacant Land Opportunity

706 N Spalding Ave, Lebanon, KY 40033

$105,000
2.40 AC lot

B-2 lot in prime location near bypass and schools.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 22 Active Listings in Lebanon, KY, we suggest to view alternatives - similar 50 Off-Market properties to explore as potential leads.

Off-Market Properties in Lebanon, KY

Consider similar Off-Market properties in Lebanon, KY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

325 Main St
VACANT COMMERCIAL LAND

325 Main St, Lebanon, KY 40033-1320

Value Estimation by Request
0.27 AC lot
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150 Main St
COMMERCIAL (GENERAL)

150 Main St, Lebanon, KY 40033-1253

Value Estimation by Request
3,780 sqft 0.04 AC lot
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Lebanon, KY Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Lebanon, KY, showcased through 22 active listings on our real estate platform. These investment opportunities span a total of 27,100 square feet of properties for sale, with an estimated market value of $1,808,900.

Sale prices for business properties in Lebanon, KY start at $329,900, averaging $602,966, and reaching up to $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 $523.8K

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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Marion County

Retail

Residential Income

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