Lebanon, KY
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    Lebanon, KY Mixed-use Properties for Sale

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    Springfield, KY Bradfordsville, KY Loretto, KY
    Income-Producing Commercial Property in Lebanon
    $700,000
    11,500 SF
    Income-Producing Commercial Property in Lebanon

    65 Old Springfield Road, Lebanon, KY 40033

    Versatile commercial property with restaurant space, flea market, and Airbnb.
    • Income‑producing property with three distinct sections.
    • Front section ideal for restaurant, event venue, or retail with highway visibility.
    • Operating flea market in the middle section generates steady income.
    • Charming Airbnb rental in the rear section provides passive income.
    • Prime location in Lebanon, KY.
    Updated: Nov 10, 2025
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    Mixed-Use Building in Downtown Lebanon
    $899,000
    16,500 SF
    Mixed-Use Building in Downtown Lebanon

    202 W Main Street, Lebanon, KY 40033

    Two-story mixed-use building with restaurant and apartments in downtown Lebanon.
    • Mixed‑use building featuring a fully equipped 9000 sq ft restaurant space with a commercial kitchen, bar, and banquet room.
    • Seven apartments on the second story, ideal for rentals.
    • Prime downtown location on Main Street Corner with 225 feet of street frontage.
    • Restaurant includes server stations, projectors, sound system, and walk‑in freezers/coolers.
    • Banquet room has its own bathrooms.
    Updated: Mar 18, 2025
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Lebanon, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Versatile Mixed-Use Commercial Property
    $299,500
    2,883 SF
    Versatile Mixed-Use Commercial Property

    Live and work under one roof with income potential.

    1055 W Shelby Street, Junction City, KY 40440

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    Mixed-Use Commercial Property, New Haven
    $119,900
    1,200 SF
    Mixed-Use Commercial Property, New Haven

    1,200 sq ft mixed-use property with high visibility.

    121 S Main Street, New Haven, KY 40051

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    Versatile Live-Work Commercial Property
    $299,500
    2,883 SF
    Versatile Live-Work Commercial Property

    2,883 SF commercial property with living and business potential.

    1055w Shelby St, Junction City, KY 40440

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    Mixed-Use Commercial Property For Sale
    $119,900
    1,200 SF
    Mixed-Use Commercial Property For Sale

    1,200 sq ft mixed-use property with high traffic exposure.

    121 S Main St, New Haven, KY 40051

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Development Land Parcel
    $650,950
    9.63 Acres
    Development Land Parcel

    Versatile development land with highway exposure and no zoning restrictions for commercial or residential use.

    New Columbia Road, Campbellsville, KY 42718

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    Harrodsburg Development Land For Sale
    $2,200,000
    41.29 Acres
    Harrodsburg Development Land For Sale

    41.29 AC development land in Harrodsburg, Kentucky.

    653 Bohon Rd, Harrodsburg, KY 40330

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    Danville Commercial Land Opportunity
    $450,000
    2.72 Acres
    Danville Commercial Land Opportunity

    2.72 acres of commercial land in Danville, Kentucky.

    134 War Admiral, Danville, KY 40422

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    Industrial Land with Road Frontage
    $6,419,280
    91.70 Acres
    Industrial Land with Road Frontage

    Large industrial land parcel with 3,000 feet of road frontage and sewer nearby, suited for development planning.

    5929 New Glendale Road, Glendale, KY 42740

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    Lebanon, KY Mixed-Use Properties Investment Opportunities Market Analysis

    Explore 2 mixed-use properties for sale in Lebanon, KY on our real estate platform. These investment opportunities span a total of 28,000 square feet of properties for sale, with an estimated market value of $1,599,000.

    Sale prices for multi use buildings in Lebanon, KY start at $700,000, averaging $799,500, and reaching up to $899,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 12K
    Population Growth (5Y) -8.5%
    Median Household Income $49,642
    College Educated 16.0%

    High-Yield Neighborhoods for Investment

    Identify Lebanon submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    40033 $799.5K

    Taxes & Financing

    Tax Rate (average for all types) 1.12%
    Property Tax per SF $11.11 per SF
    Tax Rate vs County Average 0.04 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Marion County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Marion County

    Retail

    Residential Income

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