Downtown Lebanon - Multifamily Development Site

For Sale

215 N College St, Lebanon, TN 37087

This Lebanon property for sale is located at 215 N College St. The current listed sale price for Downtown Lebanon - Multifamily Development Site is $2,300,000. Downtown Lebanon - Multifamily Development Site is situated on a lot that is 2.57 acre in size.

Contacts

broker
Brian Truman

SVN | Accel Commercial Real Estate

Property Details

  • Property Type VacantLand
  • Property Size 16,430 SF
  • Units 1
  • Lot Size 2.57 Acre
  • Year Built 1955
  • Date Updated Jul 18, 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.
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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

Getting around

  • 71/100

    Walk Score ®

  • 64/100

    Bike Score ®

Powered by Walk Score ®

Location

  • 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

  • FoodLand

    0.99 miles

  • Walmart Supercenter

    1.27 miles

  • ALDI

    1.51 miles

  • Lebanon Premium Outlets

    2.29 miles

  • Kroger

    2.38 miles

  • Publix

    3.29 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Brian Truman

SVN | Accel Commercial Real Estate

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