Listing Agency: eXp Realty, LLC i***@exprealty.net Show Phone

Listed By: Morgan Lape · License #RB21002412 Show Phone

Source: Exprealty

Added: Apr 11 Changed: Sep 7 Last Checked: Sep 7 at 1:37PM

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Investment Insights

Based on property information with market context.

This versatile multi-use commercial property includes five private office rooms, a convenient kitchenette, a centrally located bathroom newly installed in 2025, and ample storage space. A large central room measuring 22 x 39 provides flexible layout options for open work, events, or retail-style use, complemented by a spacious meeting room for collaboration or client gatherings. Updates include a new roof installed in 2021, a new HVAC system in 2025, and a new water heater in 2025.

The property sits on a double lot in the middle of town, with expansive outdoor space for ample parking, potential future expansion, or the addition of another building.

Overall, the interior configuration supports multiple business formats while the outdoor lot size allows for parking and growth opportunities, subject to applicable approvals.

Key Highlights

• Multi‑use commercial building built in 2001 with five private office rooms and a spacious meeting room
• Large 22 x 39 central room for open workspace, events, or retail use
• Newly installed centrally located bathroom in 2025

Property Analytics

Property Profile

Current Use

B & H Building ... General Contractor West Lebanon Workone ... Employment Agency

Suggested Use

Top Pick Building Supply HVAC Service Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Auto Repair Shop Veterinary 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.

Location Intelligence

Trade Area within ½ mile

46

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 47991, IN

1,051

Population

589

Households

1.8

Avg Household Size

41

Median Age

6%

College-Educated

94%

High-School Grad

29.9 sq mi

ZIP Area

35

Density / Sq Mi

$102,643

Median Household Income

$44,141

Median Earnings

$581

Median Rent

$127,700

Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this flex space located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Flex space - Multi-use building with five private offices, central meeting space, and a newly installed 2025 bathroom on a double lot.

Where is this flex space located?

The property is located at 307 S High St West Lebanon, IN.

What is the asking price?

The asking price for this property is $294,900.

What are key features of this property?

This property features: Multi‑use commercial building built in 2001 with five private office rooms and a spacious meeting room; Large 22 x 39 central room for open workspace, events, or retail use; Newly installed centrally located bathroom in 2025