Conventional Restaurant

Lexington, KY Conventional Restaurants for Sale

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Nicholasville, KY Richmond, KY Paris, KY Winchester, KY Georgetown, KY Midway, KY Versailles, KY Wilmore, KY
9 properties
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Restaurant With Included Equipment
Updated: Apr 15
Restaurant With Included Equipment

351 Southland Drive, Lexington, KY 40503

$500,000
1,080 sqft 0.06 AC lot
1,080‑square‑foot restaurant property
0.06‑acre lot at 351 Southland Drive
Equipment included with the sale
Central air conditioning
Natural gas and electric heating
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Wah-Mei Chinese Restaurant Business
Updated: Oct 2
Wah-Mei Chinese Restaurant Business

4750 Hartland Parkway, Lexington, KY 40515

$69,997
1.43 AC lot
Business sale includes transfer of the existing lease, subject to landlord approval
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Lexington Restaurant Property
Lexington Restaurant Property

307 W Short Street, Lexington, KY 40507

$1,999,000
2,947 sqft 0.07 AC lot

Restaurant property with 2,947 square feet in Lexington’s 40507 postal area.

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See hot listings in Lexington

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Downtown Mixed-Use Building
Downtown Mixed-Use Building

135 W Main Street, Lexington, KY 40507

$2,950,000
6,741 sqft

Modern upper-level offices sit above a restaurant in a 2017 building with elevator service.

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Restaurant Opportunity on Southland Drive
Restaurant Opportunity on Southland Drive

351 Southland Dr, Lexington, KY 40503

$500,000
1,080 sqft

Restaurant for sale on Southland Dr with equipment included.

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Freestanding Restaurant For Sale
Freestanding Restaurant For Sale

1015 Winchester Road, Lexington, KY 40505

$1,200,000
2,100 sqft

Freestanding restaurant building for sale in Lexington, Kentucky.

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Chinese Restaurant Business
Chinese Restaurant Business

4750 Hartland Parkway, Lexington, KY 40515

$69,997
62,465 sqft

The sale includes the operating business and transfer of its existing lease, subject to landlord approval.

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Equipped Restaurant Building in Lexington
Equipped Restaurant Building in Lexington

3280 Eagle View Ln, Lexington, KY 40509

Contact for pricing
3,500 sqft

3,500 SF restaurant with fully equipped kitchen for sale.

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Absolute NNN Restaurant Property
Absolute NNN Restaurant Property

1761 Sharkey Way, Lexington, KY 40511

$2,750,000

Established restaurant tenancy with an absolute net lease structure and tenant-funded improvements.

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Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 9 Active listings in Lexington, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Historic Downtown Restaurant Property
Historic Downtown Restaurant Property

108 Court Street lot: 108, Versailles, KY 40383

$1,799,900
7,122 sqft 0.23 AC lot

Fully equipped restaurant with multiple dining areas, two terraces, two bars, and private event rooms in downtown Versailles.

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Gas Station with Car Wash
Gas Station with Car Wash

1001-1007 Elizabeth Street, Nicholasville, KY 40356

$2,299,000
8,576 sqft 2.50 AC lot

Gas station and convenience store property with restaurant space, auto detailing use, and signalized US 27 access.

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Two-Tenant Breakfast & Diner Property
Two-Tenant Breakfast & Diner Property

354 E Brannon Rd, Nicholasville, KY 40356

$5,190,000
8,417 sqft

The 2021-built property carries B-2 zoning and includes First Watch and Skyline Chili.

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High-Traffic Retail Investment Opportunity
High-Traffic Retail Investment Opportunity

508 Lexington Road, Versailles, KY 40383

Contact for pricing
1,812 sqft

Single-tenant Giovanni’s Pizza with drive-through in thriving retail corridor.

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Lexington, KY Conventional Restaurants Market Trends and Statistics

Explore 9 conventional restaurants for sale in Lexington, KY, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 79,913 square feet of properties for sale, with an estimated market value of $10,038,994.

Sale prices for conventional restaurants in Lexington, KY start at $69,997, averaging $1,254,874, and reaching up to $2,950,000 — 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 22
Drive through restaurants 2
Coffee shops 1

Demographics Overview

Population 322K
Population Growth (5Y) +1.0%
Median Household Income $71,202
College Educated 25.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
40503 $500K
40505 $1.2M
40507 $2.5M
40511 $2.8M

Taxes & Financing

Tax Rate (average for all types) 1.22%
Property Tax per SF $11.25 per SF
Tax Rate vs County Average 0.01 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Fayette County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Lexington fall within the 100,000+ square foot range.

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