Conventional Restaurant

Richmond, KY Conventional Restaurants for Sale

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Skyline Chili Restaurant
Updated: Jul 27
Skyline Chili Restaurant

2216 Lantern Ridge Dr, Richmond, KY 40475

$4,031,500
6,437 sqft
6,437‑square‑foot restaurant property
Built in 2021
B‑3 zoning
Located within Richmond Centre, a 685,000‑square‑foot lifestyle center
Positioned along I‑75, approximately 21 miles south of Lexington
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Renovated Restaurant Property
Updated: Jul 10
Renovated Restaurant Property

241 Eastern Bypass, Richmond, KY 40475

$2,650,000
5,667 sqft
5,667 SF conventional restaurant property built in 2010
Recently renovated restaurant building
Triple‑net lease with Parlour Pizza
B‑3 zoning designation
Directly off I‑75 with approximately 65,000 VPD
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Richmond, 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.

Renovated Restaurant Building with Parking
Renovated Restaurant Building with Parking

409 N Main St, Nicholasville, KY 40356

$625,000
3,068 sqft 0.50 AC lot

Operating restaurant on a 0.5-acre site with 22 parking spaces and three-phase electric along North Main Street.

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Restaurant Building with Parking
Restaurant Building with Parking

409 North Main Street, Nicholasville, KY 40356

Contact for pricing
3,069 sqft

Well-maintained restaurant building on a 0.5-acre lot with 22 parking spaces and recent interior and plumbing updates.

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Historic Opera House Venue
Historic Opera House Venue

101 S Main, Winchester, KY 40391

$1,750,000
20,548 sqft 0.23 AC lot

Restored brick venue combines event, dining, gallery, and office areas in a flexible downtown commercial setting.

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Turnkey Waterfront Restaurant
Turnkey Waterfront Restaurant

220 Athens Boonsboro Road, Winchester, KY 40391

$531,000
5,012 sqft 1.23 AC lot

Renovated restaurant with indoor-outdoor dining, full bar, and an upstairs apartment at a waterfront property.

View details

Richmond, KY Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Richmond, KY on our real estate platform. These investment opportunities span a total of 12,104 square feet of properties for sale, with an estimated market value of $6,681,500.

Sale prices for conventional restaurants in Richmond, KY start at $2,650,000, averaging $3,340,750, and reaching up to $4,031,500 — 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

Bars & Pubs 1
Conventional restaurants 1

Demographics Overview

Population 65K
Population Growth (5Y) +5.8%
Median Household Income $62,731
College Educated 26.2%

Taxes & Financing

Tax Rate (average for all types) 0.97%
Property Tax per SF $5.99 per SF
Tax Rate vs County Average 0.02 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Madison County

New Delisted

Total CRE Inventory on Market (SF)

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