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Restaurant with Bar and Basement
For Sale
$1,400,000

240 Lebanon Hill, Springfield, KY 40069

Business Opportunity, Springfield, KY

Property Size8,784 SF
Lot Size1.00 Acre
Price / SF$159.38
Days on Market19

Property Features for 240 Lebanon Hill

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 2
Half bathrooms 2
Rooms Bathroom 2, Bathroom 1
Lot features Corner Lot
Standard status Active
Size 8,784 SF
Lot size 1.00 Acre

Additional Details

Business Included Yes

Utilities

Heating system Natural Gas, Forced Air
Water source Public

Building Details

Building materials Masonite
Roof type Rubber
Buildings 1
Listing Agency: May And Parman Agency Inc
Listed By: Monty Parman
Added: Oct 13 Changed: Oct 30 Last Checked: Oct 31 at 1:06AM
MLS# 12049778

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Restaurant property in Springfield, Kentucky, with a walkout basement and two garage doors. Recent renovations have been completed, and the site covers approximately 1 acre.

The offering includes restaurant and kitchen equipment, a POS system, liquor licenses for retail and by-the-drink sales, and a food trailer with its contents. The property is situated at the corner of Booker Road and Lebanon Hill Road.

Key Highlights

  • Retail and by‑the‑drink liquor licenses included
  • Restaurant and kitchen equipment, POS system, and food trailer convey
  • Approximately 1‑acre site

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Electrical Service Plumbing Service Auto Repair Shop Bakery (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

62
Businesses Nearby
Balanced
Demand for This Use

Demographics for 40069, KY

8,397
Population
3,570
Households
2.4
Avg Household Size
41
Median Age
22%
College-Educated
93%
High-School Grad
188.7 sq mi
ZIP Area
44
Density / Sq Mi
$65,357
Median Household Income
$38,843
Median Earnings
$665
Median Rent
$172,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - The sale includes restaurant and kitchen equipment, liquor licenses, and a food trailer.
Where is this conventional restaurant located?
The property is located at 240 Lebanon Hill Springfield, KY.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Retail and by‑the‑drink liquor licenses included; Restaurant and kitchen equipment, POS system, and food trailer convey; Approximately 1‑acre site
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Includes: Price & PSF · Cap rate · Location · Zoning

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