Commercial Neighborhood Property (CN) located at 722 Park Avenue located less than a mile from Interstate I-40 and 30 miles to Nashville in the rapidly growing Lebanon, Tennessee market. This fully renovated, single-level building spans approximately 2,000 square feet and offers exceptional visibility, accessibility, and versatility for a wide range of business uses. With 4 bedrooms, 2 bathrooms, and modern finishes throughout, the layout is ideally suited for office, medical, professional service, or even live/work arrangements. The property’s move-in ready condition, combined with its adaptable design, provides immediate operational potential for investors, owner-users, or rental income seekers. TDOT daily traffic counts are at 3490 cars per day & 20,815 at the Raceway. See report in media page. The surrounding area is a well-established commercial corridor, anchored by a strong lineup of national big-box retailers that drive daily consumer traffic. Within a one- to two-mile radius, businesses such as Walmart Supercenter, Lowe’s Home Improvement, Walgreens, Tractor Supply Co., Kroger, Big Lots, AutoZone, Harbor Freight Tools, and Dollar General reinforce the area’s retail strength and market visibility. These neighboring anchors create a commercial environment that supports both high-volume traffic and long-term investment value. Complementing the national presence is a vibrant mix of local favorites including Snow White Drive-In, Painturo’s Pizza, and the unique shops and dining options in Lebanon’s historic Town Square. This dynamic blend of large-scale retail and hometown charm makes 722 Park Avenue an ideal location for a broad range of commercial concepts. For a full list of permitted uses under Commercial Neighborhood zoning, refer to the media page and photo album.
Details
MLS#
2814236
Listing Type
For Sale
Style
Mixed Use
Sub-Type
Resale
Status
Coming Soon
Year
1959
Days On Site
16
Listing Provided By
RE/MAX Choice Properties | Joseph Goodman CRS,ABR,GRI,SRES,SME
Features
SQ Feet
1,989
Zoning
Commercial
Acreage
0.71
Market Activity 37087
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Mar 2025
Sales: 22
Avg $ Per SqFt: $221.22
Min Sale Price: $217,375
Max Sale Price: $1,500,000
Med Sale Price: $450,000
Date: Feb 2025
Sales: 51
Avg $ Per SqFt: $211.12
Min Sale Price: $269,990
Max Sale Price: $975,000
Med Sale Price: $399,900
Date: Jan 2025
Sales: 30
Avg $ Per SqFt: $225.83
Min Sale Price: $245,000
Max Sale Price: $1,550,000
Med Sale Price: $399,990
Date: Dec 2024
Sales: 6
Avg $ Per SqFt: $217.76
Min Sale Price: $175,000
Max Sale Price: $784,055
Med Sale Price: $440,882
Date: Nov 2024
Sales: 6
Avg $ Per SqFt: $264.77
Min Sale Price: $278,900
Max Sale Price: $895,000
Med Sale Price: $423,844
Date: Oct 2024
Sales: 6
Avg $ Per SqFt: $220.5
Min Sale Price: $310,000
Max Sale Price: $1,024,900
Med Sale Price: $468,070
Date: Sep 2024
Sales: 5
Avg $ Per SqFt: $210.59
Min Sale Price: $317,900
Max Sale Price: $635,000
Med Sale Price: $479,900
Date: Aug 2024
Sales: 1
Avg $ Per SqFt: $178.26
Min Sale Price: $415,000
Max Sale Price: $415,000
Med Sale Price: $415,000
Date: Jul 2024
Sales: 4
Avg $ Per SqFt: $225.55
Min Sale Price: $159,000
Max Sale Price: $920,000
Med Sale Price: $640,427
Date: Jun 2024
Sales: 2
Avg $ Per SqFt: $271.72
Min Sale Price: $160,000
Max Sale Price: $835,000
Med Sale Price: $497,500
Date: Apr 2024
Sales: 1
Avg $ Per SqFt: $314.57
Min Sale Price: $1,058,845
Max Sale Price: $1,058,845
Med Sale Price: $1,058,845
Sourced by Back At You
Mar 2025
Sales:
22
Avg $ Per SqFt:
$221.22
Min Sale Price:
$217,375
Max Sale Price:
$1,500,000
Med Sale Price:
$450,000
Feb 2025
Sales:
51
Avg $ Per SqFt:
$211.12
Min Sale Price:
$269,990
Max Sale Price:
$975,000
Med Sale Price:
$399,900
Jan 2025
Sales:
30
Avg $ Per SqFt:
$225.83
Min Sale Price:
$245,000
Max Sale Price:
$1,550,000
Med Sale Price:
$399,990
Dec 2024
Sales:
6
Avg $ Per SqFt:
$217.76
Min Sale Price:
$175,000
Max Sale Price:
$784,055
Med Sale Price:
$440,882
Nov 2024
Sales:
6
Avg $ Per SqFt:
$264.77
Min Sale Price:
$278,900
Max Sale Price:
$895,000
Med Sale Price:
$423,844
Oct 2024
Sales:
6
Avg $ Per SqFt:
$220.5
Min Sale Price:
$310,000
Max Sale Price:
$1,024,900
Med Sale Price:
$468,070
Sep 2024
Sales:
5
Avg $ Per SqFt:
$210.59
Min Sale Price:
$317,900
Max Sale Price:
$635,000
Med Sale Price:
$479,900
Aug 2024
Sales:
1
Avg $ Per SqFt:
$178.26
Min Sale Price:
$415,000
Max Sale Price:
$415,000
Med Sale Price:
$415,000
Jul 2024
Sales:
4
Avg $ Per SqFt:
$225.55
Min Sale Price:
$159,000
Max Sale Price:
$920,000
Med Sale Price:
$640,427
Jun 2024
Sales:
2
Avg $ Per SqFt:
$271.72
Min Sale Price:
$160,000
Max Sale Price:
$835,000
Med Sale Price:
$497,500
Apr 2024
Sales:
1
Avg $ Per SqFt:
$314.57
Min Sale Price:
$1,058,845
Max Sale Price:
$1,058,845
Med Sale Price:
$1,058,845
MLS Number: 2814236
Joseph Goodman CRS,ABR,GRI,SRES,SME – (615) 476-2953 – thegoodmangroup@me.com
Listings courtesy of RealTracs MLS as distributed by MLS GRID.
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MLS Number: 2814236
Joseph Goodman CRS,ABR,GRI,SRES,SME – (615) 476-2953 – thegoodmangroup@me.com