Downtown Lebanon - Multifamily Development Site

215 N College St, Lebanon, TN 37087

  • For Sale $2,300,000
  • Property Type VacantLand
  • Property Size 16,430 SF
  • Units 1
  • Lot Size 2.57 Acre
  • Year Built 1955
  • Date Updated Aug 5, 2025
Lebanon, TN, is a charming city located in the heart of Middle Tennessee, approximately 25 miles east of Nashville. As the county seat of Wilson County, it offers a blend of rich history and modern amenities. With a population of around 39,562, Lebanon is known for its celebrated local culture and the nickname "Cedar City". The city features beautiful natural landscapes, including a rich abundance of cedar trees, and is home to notable sites like Cumberland University and the Nashville Superspeedway, enhancing its allure as a destination for residents and visitors alike.SVN | Accel Commercial Real Estate is pleased to present a fully entitled multifamily development opportunity located just steps from the historic Downtown Lebanon Square. This 2.57-acre site is approved for the construction of 87 multifamily units with surface parking, providing an ideal opportunity for developers seeking a shovel-ready project in one of Middle Tennessee’s fastest-growing communities. Strategically positioned within walking distance to dining, retail, and entertainment amenities, the site sits in the North College and Sycamore Specific Plan (NCSSP) District, with zoning that supports high-density residential development while encouraging pedestrian-friendly, mixed-use environments. The plan includes two multifamily buildings designed with thoughtful architecture, landscaped courtyards, modern streetscapes, and enhanced walkability — all aligned with the City of Lebanon’s long-term vision for urban infill and housing diversification. To access DD Documents, use the following link:
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • 2.57 Acres - SP Zoning (Specific Plan – North College & Sycamore)
  • Approved and fully entitled for 87 Multifamily Units with surface parking
  • Easy access to I-40, I-840, and Hwy 109
  • Full architectural, civil, and design plans completed
  • Located 0.25 miles from Downtown Lebanon Square
  • Proximity to walkable amenities and improved public realm

Contacts

broker

SVN | Accel Commercial Real Estate

Location

Getting Around

  • Walk Score ®

    71/100 Very Walkable
  • Bike Score ®

    64/100 Bikeable
Powered by Walk Score ®
  • City Lebanon, TN
  • Zip Code 37087
  • Market Nashville

Points of Interest

  • Speedway

    0.36 miles

  • BP

    1.08 miles

  • Raceway

    1.65 miles

  • Shell

    1.68 miles

  • Mapco

    1.71 miles

  • Exxon

    1.93 miles

  • Pilot

    2.26 miles

  • Kroger

    2.38 miles

  • Twice Daily

    2.58 miles

  • Cedar Valley Inn

    1.37 miles

  • Ramada

    1.57 miles

  • Days Inn

    1.90 miles

  • My Place Hotel

    1.91 miles

  • Holiday Inn Express & Suites

    1.96 miles

  • Comfort Suites

    2.13 miles

  • La Quinta Inn & Suites

    2.13 miles

  • Hampton Inn & Suites

    2.60 miles

  • Fairfield Inn & Suites by Marriott Lebanon

    2.66 miles

  • Sleep Inn

    7.04 miles

  • Subway

    1.03 miles

  • Sake Japanese Grill

    1.42 miles

  • Taco Bell

    1.88 miles

  • Burger King

    1.90 miles

  • Jersey Mike's Subs

    1.99 miles

  • Ruby Tuesday

    2.01 miles

  • O'Charley's

    2.13 miles

  • Papa Murphy's

    2.31 miles

  • McDonald's

    2.45 miles

  • Wendy's

    2.48 miles

  • Highland Heights Elementary School

    0.20 miles

  • Market Street School

    0.25 miles

  • Lebanon High School

    0.58 miles

  • McClean School

    0.61 miles

  • Cumberland University

    0.69 miles

  • Wilson County Vocational Center

    0.74 miles

  • Walter J Baird Middle School

    0.88 miles

  • Sam Houston Elementary School

    1.07 miles

  • Sam Houston Elementary

    1.10 miles

  • Castle Heights Elementary

    1.19 miles

Frequently Asked Questions

How much does Downtown Lebanon - Multifamily Development Site cost?

The space currently listed for sale at Downtown Lebanon - Multifamily Development Site asks for $2,300,000.

What is the total square footage of Downtown Lebanon - Multifamily Development Site?

Downtown Lebanon - Multifamily Development Site totals 16,430 square feet.

When was this property built?

Downtown Lebanon - Multifamily Development Site was built in 1955.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker

SVN | Accel Commercial Real Estate

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.