2-Acres of Mixed-Use Development Near Downtown Lebanon

For Sale

610 W South St, Lebanon, IN 46052

This Lebanon property for sale is located at 610 W South St. The current listed sale price for 2-Acres of Mixed-Use Development Near Downtown Lebanon is $1,275,000. 2-Acres of Mixed-Use Development Near Downtown Lebanon is situated on a lot that is 2.03 acre in size.

Contacts

Corey Frasier

SVN | Northern Commercial

Property Details

  • Property Type VacantLand
  • Lot Size 2.03 Acre
  • Date Updated Jun 13, 2026
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.
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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

Attachments

Getting around

  • 75/100

    Walk Score ®

  • 50/100

    Bike Score ®

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Location

  • City Lebanon, IN
  • Zip Code 46052
  • Market Indianapolis

Points of Interest

  • Marathon

    0.08 miles

  • BP

    0.62 miles

  • Speedway

    0.77 miles

  • McClure's

    0.96 miles

  • Shell

    0.96 miles

  • Pilot

    1.02 miles

  • Love's

    6.22 miles

  • Tesla Supercharger

    9.59 miles

  • Crossroads Inn

    1.04 miles

  • WoodSpring Suites Indianapolis Zionsville

    8.89 miles

  • Hampton

    9.43 miles

  • Holiday Inn Express

    9.45 miles

  • Kroger

    1.56 miles

  • Walmart Supercenter

    1.74 miles

  • Burlington

    9.22 miles

  • TJ Maxx

    9.28 miles

  • Ross

    9.32 miles

  • Meijer

    9.59 miles

Contact Listing Broker
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