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Two-Story Mixed-Use Building
For Sale
$225,000

150 W Main St, Lebanon, KY 40033

B-1-zoned property combines a storefront level with a rented loft-style second floor and separate street access.

Property Size3,780 SF
Price / SF$59.52
Days on Market116

Property Features for 150 W Main St

General Information

Standard status Active
Size 3,780 SF
Property subtype Retail
Zoning B-1

Additional Details

Traffic Count 8,400 vehicles/day

Amenities

Power
Water
Sewer
Natural Gas

Building Details

Year Built 1817
Buildings 1
Stories 2
Tenancy Multi
Listing Agency: Sell With Hale Realty & Auction, LLC
Listed By: J. Michael Hale · License #KY215602
Source: Kcrea.resimplifi
Added: Jun 23 Changed: Oct 1 Last Checked: Oct 16 at 5:46AM

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 Sell With Hale Realty & Auction, LLC

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Investment Insights

Based on property information with market context.

Located at 150 W Main St in Lebanon, this 3780-square-foot mixed-use building dates to 1817 and is arranged across two floors. The first level includes a storefront area, two half bathrooms, and a rear mechanical area, with prior retail use documented. Its layout can accommodate a range of commercial configurations within the existing space.

The upper level is currently rented and features a loft-style plan with one and a half bathrooms, a suite bedroom, a substantial living area, kitchen space, and appliances. Separate street access serves the second floor, creating distinct entry points for the two levels. The property is zoned B-1 and has a reported traffic count of 8400+ along Main St.

Key Highlights

  • 3780 square feet across two stories
  • B‑1 zoning
  • First floor includes storefront area, two half bathrooms, and rear mechanical area

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Bakery Daycare Center (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Catering 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.

Lease Details

8,400 VPD
Traffic count
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

582
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Mixed-use property - B-1-zoned property combines a storefront level with a rented loft-style second floor and separate street access.
Where is this mixed-use property located?
The property is located at 150 W Main St Lebanon, KY.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 3780 square feet across two stories; B‑1 zoning; First floor includes storefront area, two half bathrooms, and rear mechanical area
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