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    Lexington, KY Conventional Restaurants for Sale

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    Nicholasville, KY Versailles, KY Richmond, KY
    Downtown Lexington Mixed-Use Building
    $1,825,000
    7,343 SF
    Downtown Lexington Mixed-Use Building

    161 N Limestone, Lexington, KY 40507

    Three-story renovated building in prime downtown location.
    • Prime downtown location across from the Courthouse on N Limestone Street
    • Upscale renovations completed in 2020, including new roof, hardwood floors, and HVAC
    • Existing leases in place: First floor lease‑back potential with Georgie's Social House and second floor lease through October 2030 with Relix Bridal, Inc
    • Elevator access with coded private access
    • Flexible third‑floor space adaptable for owner occupancy, single‑tenant lease, or individual office suites
    Updated: Mar 12
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    Restaurant Opportunity on Southland Drive
    $500,000
    1,080 SF
    Restaurant Opportunity on Southland Drive

    351 Southland Drive, Lexington, KY 40503

    Restaurant for sale in prime Lexington location with equipment included.
    • Prime location on Southland Dr.
    • Opportunity to take over existing Wing Zone franchise.
    • Includes all equipment.
    • Proven franchise model with strong operational support.
    • Specializes in fast‑casual take‑out, delivery, and catering.
    Updated: Apr 15
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    Equipped Restaurant Building in Lexington
    $1,750,000
    3,500 SF
    Equipped Restaurant Building in Lexington

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

    3280 Eagle View Ln, Lexington, KY 40509

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    Restaurant Opportunity on Southland Drive
    $500,000
    1,080 SF
    Restaurant Opportunity on Southland Drive

    Restaurant for sale on Southland Dr with equipment included.

    351 Southland Dr, Lexington, KY 40503

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 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.

    Gas Station and Convenience Retail
    $2,299,000
    8,576 SF
    Gas Station and Convenience Retail

    A stabilized fuel-and-retail site with recent exterior and equipment upgrades, plus food, dining, and auto services on-site.

    1001-1007 Elizabeth Street, Nicholasville, KY 40356

    View details
    Turn-Key Restaurant Opportunity
    $350,000
    2,844 SF
    Turn-Key Restaurant Opportunity

    Operating restaurant with equipment and furnishings included, ready for new owner.

    101 W Main Street, Harrodsburg, KY 40330

    View details
    Turn-Key Restaurant Opportunity
    $350,000
    2,844 SF
    Turn-Key Restaurant Opportunity

    Operating restaurant for sale in Mercer County, Kentucky.

    105 W Main Street, Harrodsburg, KY 40330

    View details
    Keene Centre Development Opportunity
    $950,000
    1.50 Acres
    Keene Centre Development Opportunity

    1.5-acre development lot in established retail corridor.

    500 Keene Centre Drive, Nicholasville, KY 40356

    View details

    Lexington, KY Conventional Restaurants Market Trends and Statistics

    Explore 4 conventional restaurants for sale in Lexington, KY, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 13,003 square feet of properties for sale, with an estimated market value of $4,575,000.

    Sale prices for conventional restaurants in Lexington, KY start at $500,000, averaging $1,143,750, and reaching up to $1,825,000 — 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 7
    Drive through restaurants 4
    Bars & Pubs 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
    40509 $1.8M
    40507 $1.8M

    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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    Most Searched ZIP Codes in Lexington, KY

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