65 Old Springfield Road, Lebanon, KY 40033
$700,000
Property Type:
Commercial Sale
Square Footage:
11,500
Lot Size (sq. ft.):
47,480
Status:
Active
Current Price:
$700,000
List Date:
5/12/2026
Last Modified:
5/12/2026
Description
Discover an incredible opportunity with this income-producing property in Lebanon, KY! This versatile property features three distinct sections, each offering its own potential for revenue and growth. The front section is ideal for a restaurant, event venue, or retail space, offering great visibility and accessibility right off the highway. The middle section is currently operating as a flea market, generating steady income. In the rear of the property, you'll find a charming Airbnb rental, perfect for additional passive income or guest accommodations. With its prime location and flexible layout, this property offers potential for many different businesses — whether you're looking to expand your investment portfolio or start your next venture, the opportunities here are truly limitless.
Supplements: ********
More Information MLS# 25505819
Listing Information
Comp Sale YN: No
Property Sub Type: Mixed Use
Status Change Information
Back on Market Date: 2026-05-12
Status Change Timestamp: 2026-05-12
Address
Parcel Number: 064-025
County: Marion
Street Number: 65
Street Name: Old Springfield
Street Suffix: Road
State: KY
Zip Code: 40033
Contract
Start Showing Date: 2025-11-10
Listing Agreement: Exclusive Right To Sell
Occupant Type: Tenant
Office Exclusive YN: No
List Price/SqFt: 60.87
Sold Price/SqFt: 0
SP/LP: 0
Current Price: $700,000
Original List Price: 700000
Status: Active
Listing Contract Date: 2025-11-10
List Price: $700,000
Tax & Legal
Tax Rate: 1.07
Zoning Description: Commercial
Directions: From Main Street, turn on N Spalding Ave, the property will be on the right.
Association/Community
Number Of Buildings: 1
Interior
Living Area Units: Square Feet
Building Area Total: 11500
Building Area Source: Public Records
Building Area Units: Square Feet
Parking Information
Parking Total: 40
Building
Basement YN: No
Accessibility Features YN: Yes
Year Built: 9999
Lot
Lot Size Acres: 1.09
Lot Size Square Feet: 47480.4
Utilities
Cooling YN: Yes
Heating YN: Yes
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
Remarks
Public Remarks: Discover an incredible opportunity with this income-producing property in Lebanon, KY! This versatile property features three distinct sections, each offering its own potential for revenue and growth. The front section is ideal for a restaurant, event venue, or retail space, offering great visibility and accessibility right off the highway. The middle section is currently operating as a flea market, generating steady income. In the rear of the property, you'll find a charming Airbnb rental, perfect for additional passive income or guest accommodations. With its prime location and flexible layout, this property offers potential for many different businesses — whether you're looking to expand your investment portfolio or start your next venture, the opportunities here are truly limitless.
Construction Materials
Block: 1
Brick: 1
Cooling
Heat Pump: 1
Heating
Heat Pump: 1
Parking Features
Paved: 1
Possession
Close Of Escrow: 1
Roof
Shingle: 1
Sewer
Public Sewer: 1
Water Heater
Gas: 1
Building and Property Details
Furniture, Fixtures & Equipment YN: Yes
# of Dock Doors: 1
# of Men's Restrooms: 2
# of Women's Restrooms: 2
Maximum Ceiling Height: 14
Building Features
Kitchen Facilities: 1
Laundry Facilities: 1
Partially Carpeted: 1
Tile/Brick Floor: 1
Business Type
Commercial: 1
Distribution: 1
Industrial: 1
Mixed: 1
Professional/Office: 1
Recreation: 1
Restaurant: 1
Retail: 1
Warehouse: 1
Other: 1
Ceiling
Tile: 1
Electric
3 Phase: 1
Sale Includes
Building(s): 1
Equipment: 1
Fixtures: 1
Furniture: 1
Land: 1
Showing Requirements
Call Listing Agent: 1
Showing Information
Showing Instructions: Call Listing Agent - Don Thomas - 270.692.8565
Tax Legal
MLS Area Major: 026 - Marion County
Subdivision Name: Commercial
Property Features
Utilities: Electricity Connected; Sewer Connected; Water Connected; Electricity Connected; Sewer Connected; Water Connected
Building Features: Kitchen Facilities; Laundry Facilities; Partially Carpeted; Tile/Brick Floor
Business Type: Commercial; Distribution; Industrial; Mixed; Professional/Office; Recreation; Restaurant; Retail; Warehouse; Other
Ceiling: Tile
Construction Materials: Block; Brick
Cooling: Heat Pump
Electric: 3 Phase
Heating: Heat Pump
Parking Features: Paved
Possession: Close Of Escrow
Roof: Shingle
Sale Includes: Building(s); Equipment; Fixtures; Furniture; Land
Sewer: Public Sewer
Water Heater: Gas
Showing Requirements: Call Listing Agent
Listing Office:
VIP Commercial Realty
Last Updated: May - 12 - 2026
Information deemed reliable but not guaranteed.
