$700,000
( $60.87Per Sq Foot )
 $3,975 est/mo Sourced by Back At You

65 Old Springfield Road,Lebanon, KY 40033

Lebanon, KY 40033

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Description

Discover an incredible opportunity with this income-producing property in Lebanon, KY! This versatile property features three distinct sections, each offering its own potential for revenue and growth. The front section is ideal for a restaurant, event venue, or retail space, offering great visibility and accessibility right off the highway - new flooring has been added to this section as well. The middle section is currently operating as a flea market, generating steady income. In the rear of the property, you'll find a charming Airbnb rental, perfect for additional passive income or guest accommodations. This property has the potential to bring in over $10,000 of rental income! Fresh exterior paint has been added and with its prime location and flexible layout, this property offers potential for many different businesses - whether you're looking to expand your investment portfolio or start your next venture, the opportunities here are truly limitless.

Details

MLS #25505819
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year9999
Days On Site316
Listing Provided ByVIP Commercial Realty | DON THOMAS

Features

SQ Feet11,500
Building(s)1
ZoningOther
Acreage1.09

Interior

CoolingHeat Pump
HeatingHeat Pump
Heating Yes / NoYes
Cooling Yes / NoYes

Exterior

RoofShingle
Construction MaterialsBlock, Brick

Parking

Attached Garage Yes / NoNo
Parking FeaturesPaved

Utilities

UtilitiesElectricity Connected, Sewer Connected, Water Connected
SewerPublic Sewer
Electric3 Phase

Area Information

StateKY
CountyMarion
CityLebanon
Zip Code40033
Area026 Marion County
SubareaMarion County
Community NameCommercial
Listing VS Median (in Commercial)
Price:
$700,000
low | high
Med:
$79,900
100% of Average
sqft:
11,500
low | high
Med:
1,200
100% of Average
$ / sqft:
$61
low | high
Med:
$67
40.613095238096% of Average
On site:
316
low | high
Med:
395
80% of Average
Sourced by Back At You

Market Activity 40033

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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by Imagine MLS.

Contact

Learn More About This Property

Paul Kiger

Paul Kiger

Coldwell Banker McMahan

RB14035922Luxury Property Specialist, ABR, GREEN, CDPE (502) 314-6748paulkigergroup@gmail.com
StateKY
CountyMarion
CityLebanon
Zip Code40033
Area026 Marion County
SubareaMarion County
Community NameCommercial
Listing VS Median (in Commercial)
Price:
$700,000
low | high
Med:
$79,900
100% of Average
sqft:
11,500
low | high
Med:
1,200
100% of Average
$ / sqft:
$61
low | high
Med:
$67
40.613095238096% of Average
On site:
316
low | high
Med:
395
80% of Average
Sourced by Back At You
Listing Updated: September 18, 2026 at 9:01:12 AM PDT

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Coldwell Banker McMahan
4324 Charlestown Rd.
New Albany, IN 47150
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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Kentucky Board of REALTORS.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Southern Indiana Board of REALTORS.
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