202 W Main Street, Lebanon, KY 40033 (MLS# 25005953)

202 W Main Street, Lebanon, KY 40033

$899,000

Property Type: Commercial Sale Square Footage: 16,500 Lot Size (sq. ft.): 10,454 Status: Pending

Current Price: $899,000 List Date: 3/27/2025 Last Modified: 9/12/2025

Overview

Description

Mixed use building previously used for a restaurant. This 2 story beauty has many ways to pay for itself. On the 2nd story sits 6 apartments overlooking down town, 1 apartment in the rear. Perfect for short term rentals, AirBnB, or long term rentals. The restaurant below boast 9000 square feet with a fully functioning commercial kitchen, bar, server stations, projectors, sound system, and walk in freezers/coolers. In addition to plenty of seating area for guests, there is a full size banquet room with its own bathrooms. This building sits directly down town on the Main Street Corner with 225 feet of street frontage

Listing Details MLS# 25005953

Listing Information

Comp Sale YN: No
Property Sub Type: Business

Status Change Information

Status Change Timestamp: 2025-06-23
Purchase Contract Date: 2025-06-16

Address

County: Marion
Street Number: 202
Street Direction Prefix: W
Street Name: Main
Street Suffix: Street
State: KY
Zip Code: 40033

Contract

Original List Price: 899000
Start Showing Date: 2025-03-27
Listing Contract Date: 2025-03-18
Listing Agreement: Exclusive Agency
Occupant Type: Occupied
Office Exclusive YN: No
List Price/SqFt: 54.48

Tax Legal

MLS Area Major: 026 - Marion County
Subdivision Name: Downtown

Interior

Building Area Total: 16500

More Information

Parking Information

Parking Total: 55

Building

Year Built: 9999
Stories Total: 2

Lot

Lot Size Acres: 0.24
Lot Size Square Feet: 10454

Remarks

Public Remarks: Mixed use building previously used for a restaurant. This 2 story beauty has many ways to pay for itself. On the 2nd story sits 6 apartments overlooking down town, 1 apartment in the rear. Perfect for short term rentals, AirBnB, or long term rentals. The restaurant below boast 9000 square feet with a fully functioning commercial kitchen, bar, server stations, projectors, sound system, and walk in freezers/coolers. In addition to plenty of seating area for guests, there is a full size banquet room with its own bathrooms. This building sits directly down town on the Main Street Corner with 225 feet of street frontage

Building and Property Details

# of Floors Serviced: 2
# of Men's Restrooms: 2
# of Women's Restrooms: 2
Usable SqFt: 16500

Tax & Legal

Tax Rate: 1.07
Zoning Description: Central Business District
Directions: On the corner of main street and S Proctor Knott

Construction Materials

Brick: Yes

Listing Terms

1031 Exchange: Yes
Cash: Yes

Possession

Close Of Escrow: Yes

Roof

Rubber: Yes
Other: Yes

Security Features

Fire Sprinkler System: Yes

Sewer

Public Sewer: Yes

Special Listing Conditions

Standard: Yes

Building Features

Wood Flooring: Yes

Business Type

Commercial: Yes
Mixed: Yes
Restaurant: Yes

Ceiling

Open: Yes

Docks

None: Yes

Sale Includes

Building(s): Yes
Easements: Yes
Equipment: Yes
Fixtures: Yes
Furniture: Yes
Inventory: Yes
Land: Yes
Leases: Yes
Licenses: Yes
Options: Yes

Property Features

Building Features: Wood Flooring Business Type: Commercial; Mixed; Restaurant Ceiling: Open Construction Materials: Brick Docks: None Listing Terms: 1031 Exchange; Cash Possession: Close Of Escrow Roof: Rubber; Other Sale Includes: Building(s); Easements; Equipment; Fixtures; Furniture; Inventory; Land; Leases; Licenses; Options Security Features: Fire Sprinkler System Sewer: Public Sewer Special Listing Conditions: Standard

Listing Office: Coldwell Banker McMahan

Last Updated: September - 12 - 2025

Information deemed reliable but not guaranteed.