65 Old Springfield Road Lebanon, KY $ 550,000
65 Old Springfield Road
$ 550,000
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65 Old Springfield Road

Lebanon, KY, 40033
$ 550,000
Baths0.0

Monthly Estimate*

$ 3,842

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Studio

Commercial Property for sale in Lebanon, KY

for $550,000. The lot size is 1.09.

Large multi-purpose commercial building in a great location (on the corner of Springfield Hwy and Corporate Dr). Features a total of 11,500 sq.ft. under roof. Divided into sections of 6,000 sq.ft. and 5,500 sq.ft. with separate utilities. The front part would be great for a restaurant, night club or combination of the two. Features commercial kitchen equipment and mens and womens restrooms. The back section features a large reception area, 20 separate office/patient areas, a kitchen, mens and womens restrooms and a large conference/banquet room. Each section is handicap accessible. Two 3 Phase Electric Services. There is fresh paint and new flooring in several rooms, also fresh paint outside. A new bar has been added in the front section. Parking for 60+ vehicles with a possibility of adding more. Currently bringing in $5,600 dollars a month in rental income with 2 more potential rental spaces that are currently vacant.95 Old Springfield Rd, another commercial property, is listed right beside it. MLS 23005103.

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Commercial Active

Price

$ 550,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Mixed

Lot Size

1.09

Town/City

Lebanon

County/Region

Marion

MLS | Web ID

20119929

Features
General
Lease Type None
Possession Close of Escrow
Roof Shingle
Parking 56 or More Spaces
Sprinklers None
Year Built 9999
Subdivision Rural
County Marion
Tax Rate 9.36
Business Type Mixed
Property Type C
Area 026 - Marion County
Terms Sale
Construction Materials Block Brick
Directions From Main Street turn on N Spalding Ave property on the right sign in the front of building
City Lebanon
Street Name Old Springfield
Water Water Connected
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Interior
Ceiling Dropped
Stories One
Street Suffix Road
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Exterior
Docks 1 - 3 Docks
Sewer Sewer Connected
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* Excluded Features
List By
Vip Commercial Realty

Broker

don.coldwellbanker@gmail.com

Email

Affordability Calculator

$3,842
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,842
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
458656 Elementary School
458772 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/29/2023$550,000 Listed Price

Map


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65 Old Springfield Road, Lebanon, KY, 40033 is a Commercial Property for sale at $550,000 with a lot size of 1.09. 65 Old Springfield Road is a studio with 0.0 baths. The property's zip code is 40033 which is in Lebanon, KY