65 Old Springfield Road, Lebanon, KY 40033 (MLS# 25505819)

65 Old Springfield Road, Lebanon, KY 40033

$700,000

Property Type: Commercial Sale Square Footage: 11,500 Lot Size (sq. ft.): 47,480 Status: Active

Current Price: $700,000 List Date: 5/12/2026 Last Modified: 5/12/2026

Overview

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. 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. 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.

Listing Details MLS# 25505819

Listing Information

Comp Sale YN: No
Property Sub Type: Mixed Use

Status Change Information

Status Change Timestamp: 2026-05-12
Back on Market Date: 2026-05-12

Address

County: Marion
Street Number: 65
Street Name: Old Springfield
Street Suffix: Road
State: KY
Zip Code: 40033
Parcel Number: 064-025

Contract

Original List Price: 700000
Start Showing Date: 2025-11-10
Listing Contract Date: 2025-11-10
Listing Agreement: Exclusive Right To Sell
Occupant Type: Tenant
Office Exclusive YN: No
List Price/SqFt: 60.87
Sold Price/SqFt: 0
SP/LP: 0

Tax Legal

MLS Area Major: 026 - Marion County
Subdivision Name: Commercial

Interior

Living Area Units: Square Feet
Building Area Total: 11500
Building Area Source: Public Records
Building Area Units: Square Feet

More Information

Parking Information

Parking Total: 40

Building

Basement YN: No
Year Built: 9999
Accessibility Features YN: Yes

Lot

Lot Size Acres: 1.09
Lot Size Square Feet: 47480.4

Utilities

Cooling YN: Yes
Heating YN: Yes
Electricity Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Remarks

Public Remarks: 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. 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. 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.

Building and Property Details

Furniture, Fixtures & Equipment YN: Yes
# of Dock Doors: Yes
# of Men's Restrooms: 2
# of Women's Restrooms: 2
Maximum Ceiling Height: 14

Showing Information

Showing Instructions: Call Listing Agent - Don Thomas - 270.692.8565

Tax & Legal

Tax Rate: 1.07
Zoning Description: Commercial
Directions: From Main Street, turn on N Spalding Ave, the property will be on the right.

Association/Community

Number Of Buildings: 1

Construction Materials

Block: Yes
Brick: Yes

Cooling

Heat Pump: Yes

Heating

Heat Pump: Yes

Parking Features

Paved: Yes

Possession

Close Of Escrow: Yes

Roof

Shingle: Yes

Sewer

Public Sewer: Yes

Water Heater

Gas: Yes

Building Features

Kitchen Facilities: Yes
Laundry Facilities: Yes
Partially Carpeted: Yes
Tile/Brick Floor: Yes

Business Type

Commercial: Yes
Distribution: Yes
Industrial: Yes
Mixed: Yes
Professional/Office: Yes
Recreation: Yes
Restaurant: Yes
Retail: Yes
Warehouse: Yes
Other: Yes

Ceiling

Tile: Yes

Electric

3 Phase: Yes

Sale Includes

Building(s): Yes
Equipment: Yes
Fixtures: Yes
Furniture: Yes
Land: Yes

Showing Requirements

Call Listing Agent: Yes

Property Features

Utilities: Electricity Connected; Sewer Connected; Water Connected; Electricity Connected; Sewer Connected; Water Connected Building Features: Kitchen Facilities; Laundry Facilities; Partially Carpeted; Tile/Brick Floor Business Type: Commercial; Distribution; Industrial; Mixed; Professional/Office; Recreation; Restaurant; Retail; Warehouse; Other Ceiling: Tile Construction Materials: Block; Brick Cooling: Heat Pump Electric: 3 Phase Heating: Heat Pump Parking Features: Paved Possession: Close Of Escrow Roof: Shingle Sale Includes: Building(s); Equipment; Fixtures; Furniture; Land Sewer: Public Sewer Water Heater: Gas Showing Requirements: Call Listing Agent

Listing Office: VIP Commercial Realty

Last Updated: May - 12 - 2026

Information deemed reliable but not guaranteed.