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    Richmond, KY
    Conventional Restaurant

    Richmond, KY Conventional Restaurants for Sale

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    Williamstown, KY Cynthiana, KY Grayson, KY Nicholasville, KY Berea, KY Lexington, KY Waco, KY Lancaster, KY
    Renovated Restaurant Property
    Updated: Jul 10
    Renovated Restaurant Property

    241 Eastern Bypass, Richmond, KY 40475

    $2,300,000
    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
    View details
    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
    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    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.

    Restaurant with Three Dining Rooms
    Restaurant with Three Dining Rooms

    1501 Bypass Rd, Winchester, KY 40391

    $2,390,000
    7,020 sqft

    The property includes a large parking lot and visibility from Kroger Shopping Center.

    View details
    Restored Historic Mixed-Use Property
    Restored Historic Mixed-Use Property

    101 S Main Street, Winchester, KY 40391

    Contact for pricing
    20,548 sqft

    Versatile downtown property with restaurant, gallery, event, and office components in a renovated historic setting.

    View details
    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.

    View details
    Wah-Mei Chinese Restaurant Business
    Wah-Mei Chinese Restaurant Business

    4750 Hartland Parkway, Lexington, KY 40515

    $69,997
    1.43 AC lot

    The business sale includes an existing lease assignment, contingent on landlord approval.

    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 $6,331,500.

    Sale prices for conventional restaurants in Richmond, KY start at $2,300,000, averaging $3,165,750, 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

    Conventional restaurants 2
    Bars & Pubs 1
    Breakfast & diners 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    40475 $3.2M

    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)

    How Realmo verifies these figures

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