Conventional Restaurant

Versailles, KY Conventional Restaurants for Sale

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Historic Downtown Restaurant Property
Updated: Sep 23
Historic Downtown Restaurant Property

108 Court Street lot: 108, Versailles, KY 40383

$1,799,900
7,122 sqft 0.23 AC lot
7,122‑square‑foot restaurant property on 0.228 acres
Built in 1889 with brick, stone, and wood siding
Two outdoor terraces, main bar, upstairs bar, and wine cellar
Private rooms for meetings, events, or private dining
Furniture and kitchen equipment included
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Historic Restaurant with Outdoor Terraces
Updated: Sep 23
Historic Restaurant with Outdoor Terraces

108 Court St, Versailles, KY 40383

$1,799,900
Restaurant building dating to the 1880s; renovation work began in 2021
Two outdoor terraces and multiple interior dining areas
Main bar plus an upstairs bar and wine cellar
Private rooms for events, meetings, or dining
Restaurant furniture and kitchen equipment included
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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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See hot listings in Versailles

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Versailles, 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 Mixed-Use Property
Renovated Mixed-Use Property

115 S Main Street, Lawrenceburg, KY 40342

$899,900
1,470 sqft 0.66 AC lot

Renovated downtown asset combines short-term lodging, a restaurant, and an office tenancy across three connected addresses.

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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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Renovated Mixed-Use Downtown Property
Renovated Mixed-Use Downtown Property

117 South Main Street, Lawrenceburg, KY 40342

Contact for pricing
7,232 sqft

Three studio rentals complement restaurant and office uses across a renovated downtown property.

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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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Versailles, KY Conventional Restaurants Market Trends and Statistics

Explore 3 conventional restaurants for sale in Versailles, KY, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 8,934 square feet of properties for sale, with an estimated market value of $3,599,800.

Sale prices for conventional restaurants in Versailles, KY average $1,799,900 — 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 3
Drive through restaurants 1

Demographics Overview

Population 32K
Population Growth (5Y) -0.3%
Median Household Income $78,389
College Educated 30.2%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
40383 $1.8M

Taxes & Financing

Tax Rate (average for all types) 1.01%
Property Tax per SF $12.59 per SF
Tax Rate vs County Average 0.01 pp below county avg
Average Loan-to-Value 65.0%

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