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Equipped Restaurant Property
For Sale
$1,400,000

240 Lebanon Hill, Springfield, KY 40069

Restaurant and kitchen equipment, liquor licenses, and a food trailer are included in the sale.

Property Size8,784 SF
Lot Size1.00 Acre
Price / SF$159.38
Days on Market20

Property Features for 240 Lebanon Hill

General Information

Standard status Active
Size 8,784 SF
Lot size 1.00 Acre
Property subtype Commercial Business

Restaurant

Equipment Included Yes
Liquor License Yes

Additional Details

Furnished Yes
Business Included Yes
Currently Operating Yes

Amenities

Lot Size Acres: 1
Rubber Roof
Sewer Type: Municipal
Percentage of Tax that is Deductable: 0
Has Central AC: 1
Forced Air Heating, Gas Heat Fuel
Sale, Sale Type: Foreclosure, Availability Date: 2026-10-30
Basement Type: Full, Partly Finished
Above Area Square Feet: 8784, Corner Lot
2 Half Baths
Water Source: Municipal, Natural Gas Available
Construction Type: Masonry - Brick
Masonry Siding
Listing Agency: May And Parman Agency Inc
Listed By: Monty Parman
Source: Doyle-realty
Added: Oct 13 Changed: Nov 1 Last Checked: Nov 1 at 4:09PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of May And Parman Agency Inc

Rey
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Investment Insights

Based on property information with market context.

This restaurant property includes restaurant and kitchen equipment, a POS system, a food trailer, and retail and by-the-drink liquor licenses. Many recent renovations have been completed. The property also includes its contents, with a few exceptions.

The site is approximately 1 acre and occupies a corner at Booker Road and Lebanon Hill Road in Springfield, Kentucky.

Key Highlights

  • Restaurant and kitchen equipment, POS system, and food trailer included
  • Retail liquor and by‑the‑drink liquor licenses included
  • Approximately 1 acre m/l at the corner of Booker Road and Lebanon Hill Road

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

213
Businesses Nearby
784
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Napa Auto Parts Shops & Services
784 visits/mo 0.4 miles

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 - Restaurant and kitchen equipment, liquor licenses, and a food trailer are included in the sale.
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: Restaurant and kitchen equipment, POS system, and food trailer included; Retail liquor and by‑the‑drink liquor licenses included; Approximately 1 acre m/l at the corner of Booker Road and Lebanon Hill Road
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