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    Lebanon, KY
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    Lebanon, KY Restaurants for Sale

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    Mixed-Use Income Property with Rentals
    Updated: Nov 10, 2025
    Mixed-Use Income Property with Rentals

    65 Old Springfield Road, Lebanon, KY 40033

    $700,000
    11,500 sqft 1.09 AC lot
    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
    Rear section includes an Airbnb rental for additional guest accommodations
    Potential to bring in over $10,000 of rental income
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    Mixed-Use Building in Downtown Lebanon
    Updated: Mar 18, 2025
    Mixed-Use Building in Downtown Lebanon

    202 W Main Street, Lebanon, KY 40033

    $899,000
    16,500 sqft 0.24 AC lot
    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.
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    End Cap Restaurant Space Available
    End Cap Restaurant Space Available

    770 W. Main Street, Lebanon, KY 40033

    Contact for pricing
    59,760 sqft

    End cap restaurant space in former Walmart center.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Mixed-Use Building with Restaurant
    Mixed-Use Building with Restaurant

    202 W Main Street, Lebanon, KY 40033

    Contact for pricing
    16,500 sqft

    Two-story mixed-use property with a full restaurant level and 7 apartments above, plus substantial street frontage.

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 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.

    Danville Commercial Property For Sale
    Danville Commercial Property For Sale

    6560 Alum Springs Road, Danville, KY 40422

    $191,000
    3,480 sqft 0.66 AC lot

    Versatile commercial property suitable for various business uses.

    View details
    Operating Restaurant with Parking
    Operating Restaurant with Parking

    1008 Commerce Blvd, Bardstown, KY 40004

    Contact for pricing
    4,742 sqft

    Operating restaurant and building with paved parking for 27 vehicles; restaurant equipment is sold separately.

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    Versatile Commercial Property Opportunity
    Versatile Commercial Property Opportunity

    6560 Alum Springs Rd, Danville, KY 40422

    Contact for pricing
    3,480 sqft

    Commercial property suitable for food service or other business uses.

    View details
    Historic Bed & Breakfast and Bistro
    Historic Bed & Breakfast and Bistro

    124 N 3rd St, Bardstown, KY 40004

    Contact for pricing

    Thoroughly renovated historic property operating a bistro and bed and breakfast in Bardstown, KY.

    View details

    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.

    Danville Land For Sale
    Danville Land For Sale

    Perryville Road, Danville, KY 40422

    $2,744,000
    34.30 AC lot

    34 acre commercial land tract with highway business zoning.

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    General Business Development Land
    General Business Development Land

    5188 US-127, Junction City, KY 40440

    $2,000,000
    19.90 AC lot

    Nearly 20 acres zoned for General Business with extensive road frontage on US-127 S and Knob Lick Road.

    View details
    Commercial Lot in Stanford, KY
    Commercial Lot in Stanford, KY

    90 WRSL Road, Stanford, KY 40484

    $299,000
    1.89 AC lot

    1.891 acre commercial lot with high traffic count.

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    Exceptional Corner Lot on Bourbon Trail
    Exceptional Corner Lot on Bourbon Trail

    102 Carlton Crossing, Lawrenceburg, KY 40342

    $524,900
    0.94 AC lot

    Prime commercial land on the Bourbon Trail, ready for development.

    View details

    Lebanon, KY Restaurants Market Trends and Statistics

    Explore 4 restaurants for sale in Lebanon, KY, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 104,260 square feet of properties for sale, with an estimated market value of $1,599,000.

    Sale prices for restaurant properties 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 3
    Commercial kitchens 1

    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 $643K

    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

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    Residential Income

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