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Retail Space on Heavily Traveled Street
For Sale
$379,900

1223 S Lebanon St, Lebanon, IN 46052

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

Property Size868 SF
Price / SF$437.67
Days on Market1075

Property Features for 1223 S Lebanon St

General Information

Standard status Active
Size 868 SF
Listing Agency: Batts Real Estate Group
Listed By: Lisa Batts
Source: Exprealty
Added: Nov 6, 2023 Changed: Oct 14 Last Checked: Oct 15 at 4:03AM

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 Batts Real Estate Group

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Investment Insights

Based on property information with market context.

This 868-square-foot retail space is located on heavily traveled Lebanon Street, across the bridge from the new Lebanon Field House. The lot is larger than a regular city lot, with access from both Lebanon Street and Cox Street. It is located within 0.25 miles of the I65 exit, providing access north to Lafayette and south to Indianapolis. The property is situated in a rapidly growing area of Central Indiana. Currently operating as a beauty shop, the property offers potential for various business uses.

Key Highlights

  • High‑traffic location on Lebanon Street, near the new Lebanon Field House.
  • Large lot with access from both Lebanon Street and Cox Street.
  • Proximity to I‑65 (less than 0.25 mile) for easy access to Lafayette and Indianapolis.

Property Analytics

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Current Use

Studio One Family ... Hair Salon

Suggested Use

Top Pick Dental Office Skin Care Clinic (Bike/Boat/Book/etc) Store Furniture & Home Goods Kitchen & Bath Showroom Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

238
Businesses Nearby
96k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 60% Shops & Services 40%
Speedway Shops & Services
29,601 visits/mo 0.1 miles
Starbucks Dining
28,312 visits/mo 0.1 miles
Wendy's Dining
15,508 visits/mo 0.2 miles
Hardee's Dining
9,224 visits/mo 0.5 miles
Dollar General Shops & Services
7,687 visits/mo 0.1 miles

Demographics for 46052, IN

22,783
Population
9,935
Households
2.3
Avg Household Size
41
Median Age
26%
College-Educated
90%
High-School Grad
177.6 sq mi
ZIP Area
128
Density / Sq Mi
$66,828
Median Household Income
$43,933
Median Earnings
$911
Median Rent
$200,300
Median Home Value
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Retail space in high-traffic area near new field house.
Where is this retail space located?
The property is located at 1223 S Lebanon St Lebanon, IN.
What is the asking price?
The asking price for this property is $379,900.
What are key features of this property?
This property features: High‑traffic location on Lebanon Street, near the new Lebanon Field House.; Large lot with access from both Lebanon Street and Cox Street.; Proximity to I‑65 (less than 0.25 mile) for easy access to Lafayette and Indianapolis.
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