Storefront Retail Suite with Display
109A W Main Street, Lebanon, TN 37087
For Sale
New
Contact for pricing
Historic interior finishes and access to shared support space suit a compact commercial operation.
Property Size132 SF
Price / SF$8.71
Days on Market4
Property Features for 109A W Main Street
General Information
Standard status
Size
Property subtype
Amenities
large storefront display window
exposed brick walls
high decorative ceilings
hardwood floors
shared kitchenette and restroom
Building Details
Year Built
Listing Agency:
Benchmark Realty, LLC
Listed By:
Amy Robinson · License #336580
(615) 636-2564
Source:
Benchmarkrealtytn
Added: Nov 4
Changed: Nov 6
Last Checked: Nov 6 at 2:27PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Benchmark Realty, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 132-square-foot retail suite at 109A W Main Street features a street-facing display window, exposed brick, decorative ceilings and hardwood flooring. Built in 1900, the space also has access to a shared kitchenette and restroom. It may be occupied on its own or combined with adjoining Suite B, which adds 203 square feet for a total of 335 square feet.
The property is in historic downtown Lebanon, a short walk from Public Square. Availability is scheduled for February 1, 2027, with earlier occupancy possible.
The property is in historic downtown Lebanon, a short walk from Public Square. Availability is scheduled for February 1, 2027, with earlier occupancy possible.
Key Highlights
- 132‑square‑foot suite with a storefront display window
- Exposed brick, decorative ceilings and hardwood floors
- Shared kitchenette and restroom access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$3,019
Suggested Prices Based on Cap Rates
Cap Rate 5%
$60,380
$60.4K
Cap Rate 7%
$43,129
$43.1K
Cap Rate 9%
$33,544
$33.5K
Market Conditions
NOI Build-Up for 132 SF
Gross rent
$4.5K $33.96/SF
− Vacancy
−$170 −$1.29/SF
EGI
$4.3K $32.67/SF
− OpEx
−$1.3K −$9.80/SF
NOI
$3.0K $22.87/SF
Area
Wilson County, TN
Vacancy
3.80%
Lease Rate
$33.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$60,380
Cap Rate 7%
$43,129
Cap Rate 9%
$33,544
Alternative Uses
Best Use
Retail
$43.1K
$37.7K – $50.3K
NOI $3,019 @ 7.0% cap · market cap 262.52%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$173.1K
$151.5K – $202.0K
NOI $12,117 @ 7.0% cap · market cap 1,053.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,159
Businesses Nearby
41k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 63%
Dining 29%
Home Improvements & Furnishings 8%
Burger King
Dining
12,014 visits/mo
0.1 miles
Dollar General
Shops & Services
7,172 visits/mo
0.4 miles
AutoZone
Shops & Services
5,130 visits/mo
0.3 miles
Truist
Shops & Services
4,788 visits/mo
0.3 miles
Gulf Oil
Shops & Services
3,503 visits/mo
0.3 miles
Demographics for 37087, TN
51,658
Population
21,800
Households
2.4
Avg Household Size
39
Median Age
29%
College-Educated
92%
High-School Grad
164.9 sq mi
ZIP Area
313
Density / Sq Mi
$80,978
Median Household Income
$43,253
Median Earnings
$1,134
Median Rent
$359,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Martha's Flowers — 300 n maple st, lebanon, tn 37087
- S S Graham Floral Interiors — 300 N Maple St, Lebanon, TN 37087
Frequently Asked Questions
What type of property is this?
Storefront property - Historic interior finishes and access to shared support space suit a compact commercial operation.
Where is this storefront property located?
The property is located at 109A W Main Street Lebanon, TN.
What are key features of this property?
This property features: 132‑square‑foot suite with a storefront display window; Exposed brick, decorative ceilings and hardwood floors; Shared kitchenette and restroom access
