Mixed-Use

Lebanon, KY Mixed-use Properties for Sale

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Mixed-Use Building With Restaurant
Updated: Mar 18, 2025
Mixed-Use Building With Restaurant

202 W Main Street, Lebanon, KY 40033

$899,000
16,500 sqft 0.24 AC lot
16,500‑square‑foot mixed‑use building on a 0.24‑acre site
Restaurant area measures 9,000 square feet
Seven apartments: six on the second floor and one in the rear
Commercial kitchen, bar, server stations, projectors, and sound system
Walk‑in freezers and coolers, plus banquet room with dedicated bathrooms
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Two-Story Mixed-Use Building
Updated: Jun 23
Two-Story Mixed-Use Building

150 W Main St, Lebanon, KY 40033

$225,000
3,780 sqft
3780 square feet across two stories
B‑1 zoning
First floor includes storefront area, two half bathrooms, and rear mechanical area
Second floor is currently rented and includes a loft area, suite bedroom, kitchen, and appliances
Separate street access for the second floor
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 2 Active listings in Lebanon, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 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.

Mixed-Use Property with Apartment
Mixed-Use Property with Apartment

133 Banjo St, Bardstown, KY 40004

$625,000
6,500 sqft

Commercial space with an upper-level three-bedroom apartment, multiple entrances, and separate areas for flexible occupancy.

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Two-Story Mixed-Use Building
Two-Story Mixed-Use Building

654 Campbellsville St, Liberty, KY 42539

$219,000
0.50 AC lot

Brick construction, storefront windows, and flexible space span both levels.

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Renovated Mixed-Use Building
Renovated Mixed-Use Building

131 N 3rd St, Bardstown, KY 40004

$2,695,000
4,050 sqft

Downtown property combines a cocktail lounge, furnished short-term rental, and additional storefront space under B2 PUD zoning.

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Mixed-Use Building with Warehouse
Mixed-Use Building with Warehouse

32-34-36 Beldon Ave., Liberty, KY 42539

$259,000

Two office suites combine with a connected storage area and separate entrances for flexible commercial use.

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.

Commercial Land Development Site
Commercial Land Development Site

New Columbia Road, Campbellsville, KY 42718

$650,950
9.63 AC lot

Flexible acreage supports commercial or residential development along New Columbia Road.

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Harrodsburg Development Land For Sale
Harrodsburg Development Land For Sale

653 Bohon Rd, Harrodsburg, KY 40330

$2,200,000
41.29 AC lot

41.29 AC development land in Harrodsburg, Kentucky.

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Lebanon, KY Mixed-Use Properties Market Trends and Statistics

Explore 2 mixed-use properties for sale in Lebanon, KY on our real estate platform. These investment opportunities span a total of 20,280 square feet of properties for sale, with an estimated market value of $1,124,000.

Sale prices for multi use buildings in Lebanon, KY start at $225,000, averaging $562,000, and reaching up to $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 $562K

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

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