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Investment Highlights

  • Victorian-era Commercial Property
  • 0.910 Acre Lot
  • Five Separate Avaliable Rooms

Executive Summary

The property is currently listed for sale at $995,000 as of April 13, 2026. The asset is a 2,500 SF historic commercial building situated on a 0.91-acre parcel located approximately two blocks from the historic downtown Lebanon square. Originally constructed in 1904, the property is a Victorian-era structure that has been thoughtfully preserved and modernized, including HVAC, plumbing, electrical systems, and a metal roof, all completed by licensed contractors. The building layout consists of five rooms suitable for office or mixed-use configurations, along with one full bath and one-half bath. The property is zoned Commercial Office Professional, permitting a variety of commercial uses. Presenting either an owner-user or investor opportunity. The site offers ample on-site parking and additional land area that may support future expansion subject to zoning and city approvals. The offering combines historic architectural character, modern building systems, and close proximity to downtown Lebanon, positioning the asset as a boutique office or mixed-use investment within a desirable infill location.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
2,500 SF
Building Class
C
Year Built
1904
Price
$1,349,523 CAD
Price Per SF
$539.81 CAD
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
1,250 SF
Building FAR
0.07
Lot Size
0.88 AC
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
068F-E-014.00
Land Assessment
$81,602 CAD
Improvements Assessment
$86,085 CAD
Total Assessment
$167,688 CAD
  • Listing ID: 40178888

  • Date on Market: 2026-04-16

  • Last Updated:

  • Address: 118 S Greenwood St, Lebanon, TN 37087

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