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    West Lebanon, IN Mixed-use Properties for Sale

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    Williamsport, IN Alvin, IL Covington, IN
    Versatile Mixed-Use Commercial Property
    $294,900
    2,389 SF

    Versatile Mixed-Use Commercial Property

    307 S High Street, West Lebanon, IN 47991

    Multi-use commercial property with flexible layout and prime location.

    • Prime location on a double lot in the middle of town offers ample parking and expansion possibilities.
    • Versatile multi‑use commercial property with a large 22 x 39 central room suitable for various purposes.
    • Recently updated with a new HVAC system (2025), new water heater (2025), and new roof (2021).
    • Interior includes five private office rooms, a kitchenette, storage area, and a spacious meeting room.
    • Newly installed centrally located bathroom (2025).
    Updated: Apr 11
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in West Lebanon, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Restored Historic Mixed-Use Building
    $395,000
    0.06 Acres

    Restored Historic Mixed-Use Building

    Completely renovated mixed-use property with retail and residential spaces.

    106 W Washington Street, Philo, IL 61864
    View details
    Mixed-Use Center For Sale
    $2,200,000
    32,000 SF

    Mixed-Use Center For Sale

    Value-add mixed-use center with diverse tenants and upside potential.

    610-622 N Gilbert St, Danville, IL
    View details
    Versatile Commercial Space in Philo
    $495,000
    41,247 SF

    Versatile Commercial Space in Philo

    Functional commercial space with flexible layout and desirable features.

    204 Monroe Street, Philo, IL 61864
    View details
    Two-Story Brick Building in Danville
    $525,000
    56,465 SF

    Two-Story Brick Building in Danville

    Versatile building in Danville's business district, ready for transformation.

    200 N Vermilion St, Danville, IL 61832
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Commercial Land Near Casino
    $3,000,000
    37.09 Acres

    Prime Commercial Land Near Casino

    37+ acres of commercial land adjacent to Terre Haute Casino.

    4400 Margaret Avenue, Terre Haute, IN 47802
    View details
    Prime Commercial Land Opportunity
    $3,000,000
    37.09 Acres

    Prime Commercial Land Opportunity

    37+ acres near Terre Haute Casino, development potential.

    4400 Margaret Avenue lot: 4300 Margaret Avenue, Terre Haute, IN 47802
    View details
    9.5-Acre Development Opportunity in Avon
    $3,600,000
    9.50 Acres

    9.5-Acre Development Opportunity in Avon

    Premier land parcel for mixed-use, retail, or multifamily development.

    5283 East Main Street, Avon, IN 46123
    View details
    Prime Westfield Land Opportunity
    Contact for pricing
    20.00 Acres

    Prime Westfield Land Opportunity

    20-acre site in booming Westfield, Indiana, with high visibility.

    1014 E 169th St, Westfield, IN 46074
    View details

    West Lebanon, IN Mixed-Use Properties Investment Opportunities Market Analysis

    Explore 1 mixed-use properties for sale in West Lebanon, IN on our real estate platform. These investment opportunities span a total of 2,389 square feet of properties for sale, with an estimated market value of $294,900.

    Sale prices for multi use buildings in West Lebanon, IN start at $294,900, averaging $294,900, and reaching up to $294,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 1,398
    Population Growth (5Y) +45.9%
    Median Household Income $102,643
    College Educated 6.7%

    High-Yield Neighborhoods for Investment

    Identify West Lebanon submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    47991 $294.9K

    Taxes & Financing

    Tax Rate (average for all types) 2.02%
    Property Tax per SF $37.41 per sq ft
    Tax Rate vs County Average 0.16 pp above county avg
    Average Loan-to-Value 65.0%

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