Mixed-Use Income Property with
For Sale
$700,000
65 Old Springfield Road, Lebanon, KY 40033
COMMERCIAL - Lebanon, KY
Property Size11,500 SF
Lot Size1.09 Acres
Price / SF$60.87
Days on Market293
Property Features for 65 Old Springfield Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Parking
40
Subdivision
Commercial
Directions
From Main Street, turn on N Spalding Ave, the property will be on the right.
Standard status
Active
APN
064-025
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
Listing Agency:
VIP Commercial Realty
(859) 236-1852
Listed By:
Don Thomas · License #204621
(859) 236-1852
Added: Nov 10, 2025
Changed: Aug 4
Last Checked: Aug 30 at 12:06PM
MLS# 25505819
Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale mixed-use income property features three distinct sections designed for multiple revenue streams. The front section is set up for a restaurant, event venue, or retail space, and it has new flooring. The middle section is currently operating as a flea market. At the rear of the property, there is an Airbnb rental.
Fresh exterior paint has been added, and the layout supports different commercial and lodging uses within the same property.
With its combination of a front commercial-style space, an ongoing flea market operation, and a separate short-term rental in the rear, the property offers a flexible configuration for income-focused buyers.
Fresh exterior paint has been added, and the layout supports different commercial and lodging uses within the same property.
With its combination of a front commercial-style space, an ongoing flea market operation, and a separate short-term rental in the rear, the property offers a flexible configuration for income-focused buyers.
Key Highlights
- Income‑producing property with three distinct sections: front, middle flea market, and rear Airbnb rental
- Front section suited for restaurant, event venue, or retail; new flooring added
- Middle section is currently operating as a flea market generating steady income
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
72
Businesses Nearby
Explore this area
Business Placement
Demographics for 40033, KY
12,726
Population
5,167
Households
2.5
Avg Household Size
40
Median Age
11%
College-Educated
87%
High-School Grad
140.4 sq mi
ZIP Area
91
Density / Sq Mi
$49,642
Median Household Income
$37,566
Median Earnings
$733
Median Rent
$160,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Short term rental property - Three distinct sections include a restaurant/retail-ready front, an operating flea market, and a rear Airbnb rental.
Where is this short term rental property located?
The property is located at 65 Old Springfield Road 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: front, middle flea market, and rear Airbnb rental; Front section suited for restaurant, event venue, or retail; new flooring added; Middle section is currently operating as a flea market generating steady income
