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Downtown Lebanon - Multifamily Development Site

$2,300,000

215 N College St, Lebanon, TN 37087

Active
Last Updated: 07/18/2025

16,430 sqft

Building Size

2.57 acres

Lot Area

Details:
Building Size:    16,430 sqft
Lot Area:    2.57 acres
Units:    1
Year Built:    1955
Highlights:
  • Approved and fully entitled for 87 Multifamily Units with surface parking
  • 2.57 Acres - SP Zoning (Specific Plan – North College & Sycamore)
  • Located 0.25 miles from Downtown Lebanon Square
  • Full architectural, civil, and design plans completed
  • Proximity to walkable amenities and improved public realm
  • Easy access to I-40, I-840, and Hwy 109
Description:

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.

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.

Map:
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