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$899,900
3174998 MLS ACTIVE Status 0.91 Acres 37087 Zip Code
Ladies and Gentleman, here it is! An extremely rare opportunity to own a beautifully maintained Victorian-era commercial property just two blocks from the historic square in downtown Lebanon. Built in 1904 and thoughtfully preserved, this 2,500 sq ft building blends timeless character with modern functionality, making it ideal for office, boutique, Air BNB or mixed-use business operations. Situated on a generous 0.91-acre lot, the property offers exceptional flexibility with five separate rooms perfectly suited for private offices, meeting spaces, or client areas. Two full baths , provide convenience for both staff and guests as well. Extensive updates all done by licensed contractors to ensure peace of mind, including modern HVAC, plumbing, electrical systems, and a durable metal roof—all in excellent condition. Zoned Commercial Office Professional, this property is move-in ready for a wide range of business uses, while also currently operating as both office space and an Airbnb. The exterior is just as impressive, featuring a classic wraparound porch that highlights the home’s historic charm, along with beautifully maintained landscaping that creates a welcoming and professional first impression. With ample parking and additional space for expansion, the nearly one-acre lot provides both immediate functionality and long-term potential. Combining prime location, historic character, and modern updates, this is a standout property for business owners or investors looking to establish a presence in one of Lebanon’s most desirable areas.

118 S Greenwood St, Lebanon

$3,000,000
3 Beds 3 Baths 3130839 MLS ACTIVE Status 14.01 Acres 37090 Zip Code
COMMERCIAL CORRIDOR IN PRIME POSITION surrounded by major regional anchors including Amazon, FedEx, Walmart Distribution, and Starbucks — positioned in the direct path of industrial and flex expansion just off the I-840 and Stewarts Ferry Pike interchange. ±14 acres ( selling 3 parcels as 1) featuring approximately 690 feet of frontage on McCrary Road and ±530 feet of visibility along I-840 deliver rare dual-frontage access, exposure, and long-term commercial leverage in one of Wilson County’s fastest-growing corridors. The property is income-producing today, with two leased residences generating a combined $2,800 per month and a 30x50 insulated shop with electric already in place. An owner-operator can immediately establish a headquarters, equipment yard, fleet base, or storage operation while maintaining rental income that offsets holding costs. The existing shop supports operational flexibility from day one and can function as workspace, inventory storage, or additional revenue-producing space. The tract includes two approved soil areas capable of supporting development. Adjacent property is commercially zoned and successfully operating on septic systems, reinforcing a logical transition of this parcel into low-intensity commercial use aligned with the surrounding corridor. A strategic rezoning to C-1 or conditional light commercial would allow flex warehouse, contractor yard, equipment laydown, commercial storage, RV/boat storage, or small office use — responsible intensity consistent with current infrastructure until municipal sewer becomes available. For a 1031 exchange buyer, this asset offers immediate income, operational usability, and entitlement upside within a proven growth corridor. The level topography and acreage depth support phased expansion, potential subdivision, or long-term repositioning as infrastructure evolves and land values accelerate. Proof of funds required prior to showing by appointment only. Owner financing with 30% down.

515 McCrary Rd, Lebanon

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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.

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