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    102 College St Lebanon, TN 37087

    Sponsored
    For Sale
    $300,000

    Prime location, renovated, two tenants.

    Property size:
    450 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional retail property, located at 102 S College St in Lebanon, Tennessee's historic district, presents a unique investment opportunity. Situated on a 0.01-acre lot, this 450-square-foot building boasts a prime location just one block from the Wilson County Courthouse and the Lebanon Public Square, ensuring high visibility and foot traffic. The property has undergone a complete renovation, resulting in a beautifully updated space ready for immediate occupancy. Currently, two thriving businesses occupy the building, demonstrating the strong rental potential and established clientele in this desirable area. The property's charm and character are undeniable, reflecting the rich history of its location. The combination of its renovated condition, excellent location, and existing successful businesses makes this a rare find in the heart of downtown Lebanon. This property is ideal for investors seeking a stable, income-generating asset in a vibrant and growing community. The asking price is $300,000. Serious inquiries only.

    Property Features for 102 College St

    General Information

    Property type
    Retail properties
    Square Feet
    450 SF
    Lot Size
    436 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Island Breeze Bistro Restaurant A Better Choice DUI ... School

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    Wilson County, TN
    State
    Tennessee
    Longitude
    -86.28992
    Latitude
    36.20761

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    FAQs

    What type of property is this?
    Retail property - Prime location, renovated, two tenants.
    Where is this retail property located?
    The property is located at 102 College St Lebanon, TN.
    What is the asking price?
    The asking price for this property is $300,000.
    (615) 288-8292
    Request Owner's contact information
    102 College St Lebanon, TN 37087
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    Lebanon, TN 37087
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    102 College St Lebanon, TN 37087
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