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    1223 Lebanon St Lebanon, IN 46052

    Sponsored
    For Sale
    $379,900

    High-traffic location, endless potential.

    Property size:
    868 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This 868 sq ft commercial property at 1223 Lebanon Street S, Lebanon, IN, presents a unique investment opportunity. Currently operating as a beauty shop, the building offers immense versatility and potential for a wide range of businesses. Its prime location on heavily trafficked Lebanon Street ensures high visibility and accessibility. The property benefits from its proximity to the new Lebanon Field House, capitalizing on the growth of this rapidly developing area in Central Indiana. High-volume traffic flow positions your business for success. The 0.24-acre lot is larger than the average city lot, providing ample space and offering access from both Lebanon Street and Cox Street. Furthermore, its location within a quarter-mile of the I-65 exit provides easy access to both Lafayette and Indianapolis, expanding your potential customer base. This is a ground-floor opportunity to establish your business in a thriving, high-traffic area. The property's adaptability and strategic location make it an exceptional investment for entrepreneurs seeking a visible and accessible space. Don't miss this chance to be part of Lebanon's exciting growth.

    Property Features for 1223 Lebanon St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    868 SF
    Lot Size
    10,454 SF

    Building Details

    Year Built
    1990
    Property Profile Location Intelligence

    Current Use by Public Records

    Studio One Family ... Beauty Salon

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    Boone
    State
    Indiana
    Longitude
    -86.47005
    Latitude
    40.03778

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, endless potential.
    Where is this commercial real estate located?
    The property is located at 1223 Lebanon St Lebanon, IN.
    What is the asking price?
    The asking price for this property is $379,900.
    (765) 894-0575
    Request Owner's contact information
    1223 Lebanon St Lebanon, IN 46052
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    Lebanon, IN 46052
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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
    1223 Lebanon St Lebanon, IN 46052
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