505 N Cumberland St, N Lebanon, TN 37087

$3,950,000
505 N Cumberland St, N, Lebanon, TN 37087
1802535

Commercial Property for sale in Lebanon, TN

for $3,950,000. The lot size is 6.310 Acre(s).

Property Information

  • $3,950,000
  • Commercial
  • Other / Unknown
  • Active
  • Lot size of 6.310 Acre(s)
  • Lebanon, TN
  • Wilson County
  • MLS/Web ID is 1802535

Description

This property includes 4 parcels for a total of 6.13 acres. Perfect location for multi-family development, convention/event center, etc. 22, 000 square feet of space with 29 rooms for classes, meeting space, etc.

Exterior 1

Roof

  • Asphalt Roof

† Excluded Feature

Listed By

Broker: CAPITAL REAL ESTATE SERVICES

505 N Cumberland St, N, Lebanon, TN, 37087 is a Commercial Property for sale at $3,950,000 with a lot size of 6.310 Acre(s). 505 N Cumberland St, N has 0.0 baths. The property's zip code is 37087 which is in Lebanon, TN

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Pricing History

Date Price Price Change Description
2/6/2018 $3,950,000 -19.39 % Price Change
2/22/2017 $4,900,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Lebanon $498,834 87 % below $351,900 91 % below
Commerical listings in Lebanon $895,922 77 % below $649,900 84 % below

Get the facts about Lebanon, TN!

Population 30,583
Population Growth (since 2000) 35 %
Median Income $45,846
Median Age 38.09
Households w/ Children 30 %

Residential Dwellings

  • Owned 7319
  • Vacant 883
  • Rented 4452

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