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Restaurant/Retail Opportunity in Lebanon
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124 N College St, Lebanon, TN 37087

Restaurant or retail property with recent upgrades in Lebanon, TN.

Property Size4,426 SF
Days on Market435

Property Features for 124 N College St

General Information

Standard status Active
Size 4,426 SF

Building Details

Year Built 1900
Listing Agency: PARRISH & ASSOCIATES
Listed By: WESLEY BINKLEY
Source: Corcoran
Added: May 28, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

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 PARRISH & ASSOCIATES

Investment Insights

Based on property information with market context.

This 4426-square-foot property is suitable for restaurant, retail, or other commercial uses. It features a 1500-gallon grease trap, a roof that is two years old, and an HVAC system that is 1.5 years old. The electrical system includes 400 AMP service up to Phase 3. The property has plumbing and electrical rough-ins complete for a bar, kitchen, bathrooms, and other amenities.

Key Highlights

  • Benefit from 400 AMP Service up to Phase 3.
  • Electrical Rough in for Bar, Kitchen, Bathrooms, and other amenities.
  • Plumbing Rough In Complete.

Property Analytics

Current Use

Sam Johnson Portable ... Building Supply

Suggested Use

Top Pick Parking Lot & Garage Garden Center Veterinary Clinic Catering Service (Bike/Boat/Book/etc) Store Pet Grooming Service

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

1,150
Businesses Nearby
54k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 72% Dining 22% Home Improvements & Furnishings 6%
Speedway Shops & Services
15,937 visits/mo 0.4 miles
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 0.1 miles
Truist Shops & Services
4,788 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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Similar Off Market Nearby

  • Smith Catering 104 N College St, Lebanon, TN 37087

Frequently Asked Questions

What type of property is this?
Restaurant - Restaurant or retail property with recent upgrades in Lebanon, TN.
Where is this restaurant located?
The property is located at 124 N College St Lebanon, TN.
What are key features of this property?
This property features: Benefit from **400 AMP Service up to Phase 3**.; Electrical Rough in for Bar, Kitchen, Bathrooms, and other amenities.; Plumbing Rough In Complete.
More about this property
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