Mixed-Use

Lebanon, KY Mixed-use Properties for Sale

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Mixed-Use Building in Downtown Lebanon
Updated: Mar 18, 2025
Mixed-Use Building in Downtown Lebanon

202 W Main Street, Lebanon, KY 40033

$899,000
16,500 sqft 0.24 AC lot
Mixed‑use building featuring a fully equipped 9000 sq ft restaurant space with a commercial kitchen, bar, and banquet room.
Seven apartments on the second story, ideal for rentals.
Prime downtown location on Main Street Corner with 225 feet of street frontage.
Restaurant includes server stations, projectors, sound system, and walk‑in freezers/coolers.
Banquet room has its own bathrooms.
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Lebanon, KY, 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.

Danville Office Building For Sale
Danville Office Building For Sale

813 S 4th Street, Danville, KY 40422

$175,000
1,725 sqft 0.21 AC lot

Versatile office building near downtown Danville with mixed-use potential.

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Mixed-Use Commercial Property, New Haven
Mixed-Use Commercial Property, New Haven

121 S Main Street, New Haven, KY 40051

$119,900
1,200 sqft 0.37 AC lot

1,200 sq ft mixed-use property with high visibility.

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Mixed-Use Commercial Property For Sale
Mixed-Use Commercial Property For Sale

121 S Main St, New Haven, KY 40051

Contact for pricing
1,200 sqft

1,200 sq ft mixed-use property with high traffic exposure.

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Historic Three-Story Mixed-Use Building
Historic Three-Story Mixed-Use Building

236 W Main St, Danville, KY 40422

Contact for pricing

100% occupied three-story property offering renovated retail and office space for cafes and medical offices.

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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.

Development Land Parcel
Development Land Parcel

New Columbia Road, Campbellsville, KY 42718

$650,950
9.63 AC lot

Versatile development land with highway exposure and no zoning restrictions for commercial or residential use.

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Harrodsburg Development Land For Sale
Harrodsburg Development Land For Sale

653 Bohon Rd, Harrodsburg, KY 40330

Contact for pricing
41.29 AC lot

41.29 AC development land in Harrodsburg, Kentucky.

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Industrial Land with Road Frontage
Industrial Land with Road Frontage

5929 New Glendale Road, Glendale, KY 42740

$6,419,280
91.70 AC lot

Large industrial land parcel with 3,000 feet of road frontage and sewer nearby, suited for development planning.

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Bluegrass Industrial Park Land
Bluegrass Industrial Park Land

2013 Watterson Trail, Louisville, KY 40299

Contact for pricing
1,025 sqft

Land in Bluegrass Industrial Park with high traffic frontage.

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Lebanon, KY Mixed-Use Properties Market Trends and Statistics

Explore 1 mixed-use properties for sale in Lebanon, KY on our real estate platform. These investment opportunities span a total of 16,500 square feet of properties for sale, with an estimated market value of $899,000.

Sale prices for multi use buildings in Lebanon, KY average $899,000 — 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 12K
Population Growth (5Y) -8.5%
Median Household Income $49,642
College Educated 16.0%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
40033 $899K

Taxes & Financing

Tax Rate (average for all types) 1.12%
Property Tax per SF $11.11 per SF
Tax Rate vs County Average 0.04 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Marion County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Marion County

Retail

Residential Income

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