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Brick Flex Building with Workshop Doors
For Lease
$1,500/Mo

219 S Meridian Street, Lebanon, IN 46052

Downtown zoning supports retail service, repair, office, and other uses, with open work areas on both levels.

Space SizeContact for details
Property Size3,600 SF
Days on Market31

Property Features for 219 S Meridian Street

General Information

Standard status Active
Size 3,600 SF
Property subtype Warehouse

Building Details

Building Size 3,600 SF
Year Built 1900
Listing Agency: DM Taylor Realty
Listed By: Matt Taylor
Source: Dmtaylorrealty
Added: Sep 28 Changed: Oct 27 Last Checked: Oct 27 at 3:32AM

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 DM Taylor Realty

Rey
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Investment Insights

Based on property information with market context.

This two-story brick flex building offers 3,600 square feet, divided evenly between the main and upper floors. The main level combines open workshop or warehouse space with a heated conference room or office near the glass side entrance. A 9' 6" x 9' 6" sliding door provides alley access, and an automatic overhead door measures 8' 2" x 9' 6". Upstairs, the layout includes a heated full bathroom, an office, and additional open space. Baseboard heaters are planned for the conference room, bathroom, and office before the lease begins.

The property is at 219 S Meridian Street in Lebanon, Indiana, and is zoned Downtown (DT). Multiple interior parking options are available, along with one exterior space beside the glass side entrance. The owner is open to dividing the building and completing build-outs; use requires approval.

Key Highlights

  • 3,600 square feet across two floors, with 1,800 square feet on each level
  • Downtown (DT) zoning allows uses including retail service and repair, office, and parking
  • 9' 6" x 9' 6" sliding door with alley access

Property Analytics

Current Use

Flex space

Suggested Use

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

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

NNN (Triple Net)
Lease Type
$0.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

657
Businesses Nearby
Under-served
Demand for This Use

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

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Similar Off Market Nearby

  • Lisa's Cakes & Catering — 836 Indianapolis Ave, Lebanon, IN 46052

Frequently Asked Questions

What type of property is this?
Flex space - Downtown zoning supports retail service, repair, office, and other uses, with open work areas on both levels.
Where is this flex space located?
The property is located at 219 S Meridian Street Lebanon, IN.
What is the lease rate?
The lease rate is $1,500/Mo.
What are key features of this property?
This property features: 3,600 square feet across two floors, with 1,800 square feet on each level; Downtown (DT) zoning allows uses including retail service and repair, office, and parking; 9' 6" x 9' 6" sliding door with alley access
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