Downtown Lebanon - Multifamily Development Site

215 N College St Lebanon, TN 37087

215 N College St, Lebanon, TN, 37087
215 N College St, Lebanon, TN, 37087
FOR SALE
Property Type:
Multifamily Land
Amount:
$2,300,000
Last Verified:
Dec 02, 2025

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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.

To access DD Documents, use the following link: https://drive.google.com/drive/folders/18mftvA6-X3wQVWdAY86il3XisiZ8G_-r?usp=sharing

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.


Year Built: 1955
Building Size: 16430sq ft
Lot Size: 2.57 acres


Documents

215 N College St OM

Map of 215 N College St, Lebanon, TN, 37087

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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