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    65 Old Springfield Rd Lebanon, KY 40033

    For Sale
    $700,000

    COMMERCIAL - Lebanon, KY

    Property size:
    11,500 SF
    Lot size:
    1.09 Acres
    Days on Market:
    32
    Last Refresh:
    Dec 13 at 2:06 am

    Property Features for 65 Old Springfield Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B-2
    APN
    064-025
    Parking
    40
    Size
    11,500 SF
    Lot size
    1.09 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating)
    Cooling system
    Heat Pump

    Building Details

    Building materials
    Block, Brick
    Roof type
    Shingle

    VIP Commercial Realty 2365450

    Listing agent Don Thomas (859) 236-1852

    Listing date Nov 12, 2025

    Copyright © 2025 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Income-Producing Commercial Property in Lebanon

    This income-producing commercial property is located in Lebanon, KY. The property offers three distinct sections, each with potential for revenue and growth. The front section is suitable for a restaurant, event venue, or retail space, providing visibility and accessibility off the highway. The middle section is currently operating as a flea market, generating income. The rear of the property features an Airbnb rental, suitable for passive income or guest accommodations. The property is zoned B-2. The property size is 11500 square feet, situated on a 1.09-acre lot. This property offers potential for different businesses, whether expanding an investment portfolio or starting a new venture.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Dental Office Wholesale Shop Auto Repair Shop Hotel & Motel Gym & Fitness Auto Parts Store Food Market HVAC Service Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    Marion
    State
    Kentucky
    Longitude
    -85.25106
    Latitude
    37.587838

    Nearby Similar for Sale

    • $170,000
      1,440 SF

      Lebanon Commercial Property For Sale

      High-traffic commercial property with ample parking and great visibility.
      139 Cemetery Rd, Lebanon, KY 40033
      View Details
    • $899,000
      Pending

      Mixed-Use Building in Downtown Lebanon

      Two-story mixed-use building with restaurant and apartments in downtown Lebanon.
      202 W Main St, Lebanon, KY 40033
      View Details

    FAQs

    What type of property is this?
    Retail space - Versatile property with restaurant space, flea market, and Airbnb.
    Where is this retail space located?
    The property is located at 65 Old Springfield Rd Lebanon, KY.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: - Income-producing property with three distinct sections for diversified revenue streams.; - Prime location in Lebanon, KY, with great visibility and accessibility off the highway.; - Versatile property suitable for restaurant, event venue, retail, flea market, or Airbnb rental.
    (859) 236-1852
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    Lebanon, KY 40033
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    65 Old Springfield Rd Lebanon, KY 40033
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