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Mixed-Use Building with Restaurant
For Sale
Contact for pricing
Pending

202 W Main Street, Lebanon, KY 40033

Two-story mixed-use property with a full restaurant level and 7 apartments above, plus substantial street frontage.

Property Size16,500 SF
Days on Market572

Property Features for 202 W Main Street

General Information

Standard status Pending
Size 16,500 SF
Property subtype Industrial

Additional Details

Business Included Yes
Road Access Yes
Multifamily Units 7

Building Details

Stories 2
Listing Agency: Coldwell Banker McMahan Richmond
Listed By: William Schlosser · License #KY
Source: Crexi
Added: Mar 28, 2025 Changed: Oct 3 Last Checked: Oct 19 at 6:49AM

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 Coldwell Banker McMahan Richmond

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Investment Insights

Based on property information with market context.

This two-story mixed-use building was previously used for a restaurant, with apartments on the second level and a restaurant space on the ground floor. The upper level includes 6 apartments overlooking downtown and an additional apartment in the rear. The restaurant space totals 9,000 square feet and features a fully functioning commercial kitchen, bar, server stations, projectors, a sound system, and walk-in freezers and coolers. There is also a full-size banquet room with its own bathrooms.

The property is situated directly on a Main Street corner with 225 feet of street frontage, providing prominent presence for the restaurant use.

Overall, the layout supports dual-income use by combining the restaurant operation below with residential units above.

Key Highlights

  • Two‑story mixed‑use building with 7 apartments on the 2nd story and a restaurant level on the ground floor
  • Restaurant level totals 9,000 SF and includes a fully functioning commercial kitchen, bar, and server stations
  • Restaurant includes projectors, sound system, and walk‑in freezers/coolers

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom Building Supply Bakery Storage Facility Garden Center

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

Lease Details

7
Residential units
Turnkey business
Opportunity
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

557
Businesses Nearby

Demographics for 40033, KY

12,726
Population
5,167
Households
2.5
Avg Household Size
40
Median Age
11%
College-Educated
87%
High-School Grad
140.4 sq mi
ZIP Area
91
Density / Sq Mi
$49,642
Median Household Income
$37,566
Median Earnings
$733
Median Rent
$160,000
Median Home Value
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Two-story mixed-use property with a full restaurant level and 7 apartments above, plus substantial street frontage.
Where is this apartment building located?
The property is located at 202 W Main Street Lebanon, KY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Two‑story mixed‑use building with 7 apartments on the 2nd story and a restaurant level on the ground floor; Restaurant level totals 9,000 SF and includes a fully functioning commercial kitchen, bar, and server stations; Restaurant includes projectors, sound system, and walk‑in freezers/coolers
(859) 805-9014 Call to check price and availability
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