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Lebanon, IL Retail Space for Sale

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Historic Lebanon Commercial Building For Sale
$215,000
0.25 Acres

Historic Lebanon Commercial Building For Sale

108 E Saint Louis Street, Lebanon, IL 62254

Prime commercial building with redevelopment potential in historic Lebanon, IL.

  • Prime commercial building in downtown Lebanon with excellent visibility and steady traffic.
  • Major capital improvements completed, including a new roof, updated windows, and plumbing tied into the main sewer line, reducing near‑term maintenance.
  • Versatile 5,514 SF layout suitable for retail, office, service‑based, showroom, or mixed‑use concepts.
  • Existing income from a leased rear storage area, with the option to expand operations.
  • Located in an active commercial corridor with convenient access and proximity to established businesses.
Updated: Apr 23
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Modern Retail Facility in Lebanon
$1,850,000
11,742 SF

Modern Retail Facility in Lebanon

651 S Madison St, Lebanon, IL

Prime retail facility built in 2020 on 1.93 acres.

  • Modern 11,742 SF retail facility built in 2020.
  • High visibility location with 170'+ frontage on S. Madison St. and a traffic count of 14,800 VPD.
  • Large 1.93‑acre lot zoned C‑1 in a TIF District and Enterprise Zone.
  • Versatile space with a large open area, warehouse space, and 15’ ceilings.
  • Features 3‑phase electric and a dual entrance foyer.
Updated: Jul 16, 2025
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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 2 Active listings in Lebanon, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

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

Mixed-Use Property in High-Traffic Area
$275,000
3,036 SF

Mixed-Use Property in High-Traffic Area

Versatile property with income potential in O'Fallon, Illinois.

O Fallon, IL 62269
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Freestanding Retail Building on Carlyle
Contact for pricing
8,417 SF

Freestanding Retail Building on Carlyle

8,417 SF retail building on 0.99 acres for sale.

1000 Carlyle Ave, Belleville, IL
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O'Fallon Mixed-Use Income Property
$275,000
3,036 SF

O'Fallon Mixed-Use Income Property

High-traffic corner lot with multiple income streams in O'Fallon.

O Fallon, IL 62269
View details
Commercial Building and Sporting Goods
$120,000
6,146 SF

Commercial Building and Sporting Goods

Two-story commercial building with retail and office space for sale.

127 W Main St, Belleville, IL
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 Land in Growing Corridor
$1,599,000
2.07 Acres

Prime Land in Growing Corridor

2.07 acres of PUD-zoned land on State Hwy 207.

3229 State Road 207, Elkton, FL 32033
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Commercial Land on Busy Roadway
$750,000
0.72 Acres

Commercial Land on Busy Roadway

Prime commercial land with high visibility and development potential.

5355 TURNPIKE FEEDER ROAD, Fort Pierce, FL 34945
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Lebanon, IL Retail Space Investment Opportunities Market Analysis

Explore 2 retail space for sale in Lebanon, IL on our real estate platform. These investment opportunities span a total of 11,742 square feet of properties for sale, with an estimated market value of $1,850,000.

Sale prices for retail space in Lebanon, IL start at $1,850,000, averaging $1,850,000, and reaching up to $1,850,000 — 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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