2 Acre Infill for High Density Multi-Family

610 W South St, Lebanon, IN 46052

Property Information

  • For Sale $1,275,000
  • Property Type VacantLand
  • Lot Size 2.03 Acre
  • Date Updated May 12, 2026

Description

Lebanon, Indiana is home to the Indiana Economic Development Corporation’s LEAP District (Limitless Exploration/Advanced Pace). LEAP encompasses nearly 9,000 acres of land for high tech users. Eli Lilly’s Medicine Foundry is under construction and is slated to begin operations late 2027. Zoning has been approved for a new Meta facility on 1500 acres and is in the permitting process.610 W South is just west of Downtown Lebanon and is bordered by SR 32 on the South. Walkable to downtown via the Big 4 Trail, ideal users are Retail or Mixed Use Retail/Residential. Preliminary talks with the City of Lebanon suggest the site could support up to 50 residential units in a four story building. Easy access to I-65 and the LEAP District via SR 32 make for easy commutes. All utilities are at the site.

Highlights

  • All Utilities at the site
  • Easy access to I-65 and the LEAP District
  • NB (Neighborhood Business) Zoning allows for High Density Residential
  • Walkable to downtown via the Big 4 Trail

Contacts

Corey Frasier

SVN | Northern Commercial

Location

Contact Listing Broker
Corey Frasier

SVN | Northern Commercial

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