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    Lexington, KY
    Conventional Restaurant

    Lexington, KY Conventional Restaurants for Sale

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    7 properties
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    Conventional Restaurant with Included Equipment
    Updated: Apr 15
    Conventional Restaurant with Included Equipment

    351 Southland Drive, Lexington, KY 40503

    $500,000
    1,080 sqft 0.06 AC lot
    1,080‑square‑foot conventional restaurant property
    0.06‑acre lot
    All equipment included with the sale
    Central air conditioning
    Electric and natural gas heating
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    Commercial Land With Existing Restaurant
    Updated: Jan 23, 2024
    Commercial Land With Existing Restaurant

    1951 N Broadway, Lexington, KY 40505

    $1,170,000
    2,600 sqft 1.30 AC lot
    1.3‑acre flat commercial land site
    Existing 2,600 SF restaurant building constructed in 1968
    NNN lease to a home delivery meal service
    Rear property area occupied by a food truck on a month‑to‑month agreement
    Approximately 0.8 miles from Downtown Lexington
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    Commercial Restaurant Building
    Commercial Restaurant Building

    307 W Short Street, Lexington, KY 40507

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

    Restaurant property comprising a 2,947-square-foot commercial building on a 0.0676-acre parcel.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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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    Restaurant and Beer Hall Facility
    Restaurant and Beer Hall Facility

    411 Southland Dr, Lexington, KY 40503

    Contact for pricing
    10,000 sqft

    German restaurant offering a large beer hall, indoor/outdoor volleyball courts, and a second-floor event space.

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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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    Freestanding Restaurant For Sale
    Freestanding Restaurant For Sale

    1015 Winchester Rd, Lexington, KY 40505

    Contact for pricing
    2,100 sqft

    Freestanding restaurant building for sale in Lexington, Kentucky.

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 7 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 Store
    Gas Station and Convenience Store

    1001-1007 Elizabeth Street, Nicholasville, KY 40356

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

    Mixed-use fuel and food property with automotive improvements, restaurant space, and public sewer service.

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    Restaurant with Equipped Kitchen
    Restaurant with Equipped Kitchen

    221 N Broadway, Georgetown, KY 40324

    $649,000
    1,136 sqft 0.19 AC lot

    Established restaurant business and building with a fully equipped kitchen and corner-lot position.

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    Corner Drive-Thru Restaurant Site
    Corner Drive-Thru Restaurant Site

    200 Blueberry Ln, Nicholasville, KY 40356

    Contact for pricing
    1,961 sqft 0.47 AC lot

    Corner restaurant property with drive-thru, included two-year-old kitchen equipment, and an included pylon sign.

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    Turnkey Corner Restaurant
    Turnkey Corner Restaurant

    221 N Broadway St, Georgetown, KY 40324

    $649,000
    1,136 sqft

    Turnkey restaurant on a high-visibility corner lot with fully equipped kitchen and 10–12 space parking lot.

    View details

    Lexington, KY Conventional Restaurants Market Trends and Statistics

    Explore 7 conventional restaurants for sale in Lexington, KY, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 23,307 square feet of properties for sale, with an estimated market value of $4,169,000.

    Sale prices for conventional restaurants in Lexington, KY start at $500,000, averaging $1,042,250, and reaching up to $1,999,000 — 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 14
    Bars & Pubs 5
    Drive through restaurants 5
    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

    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

    • 40503
    • 40505
    • 40507
    • 40509

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