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Commercial Restaurant Building
For Sale
$1,999,000
Pending

307 W Short Street, Lexington, KY 40507

COMMERCIAL - Lexington, KY

Property Size2,947 SF
Lot Size0.07 Acres
Days on Market1387

Property Features for 307 W Short Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description B-2B
Subdivision Commercial
Directions Located near the corner of North Mill Street and West Short Street in Downtown Lexington, KY.
Special listing conditions Auction
Standard status Pending
APN 10235250
Size 2,947 SF
Lot size 0.07 Acres
Listing Agency: Block + Lot Homes
Listed By: M Clay Angelucci · License #70400
Added: Nov 18, 2022 Changed: Aug 4 Last Checked: Sep 5 at 10:06PM
MLS# 22025202

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial restaurant property includes a 2,947-square-foot building situated on a 0.0676-acre parcel. The asset is classified as a conventional restaurant property and is located at 307 W Short Street in Lexington, Kentucky.

The property carries a 40507 ZIP code within Fayette County. Its compact site and restaurant classification provide the defining physical and use characteristics available for this commercial offering.

Key Highlights

  • 2,947‑square‑foot commercial restaurant building
  • 0.0676‑acre parcel
  • Located at 307 W Short Street, Lexington, KY 40507

Property Analytics

Current Use

Ruby's Cafe&market place Grocery & Convenience Store Ruby's Lounge Restaurant

Suggested Use

Top Pick Locksmith Nursing Home (Bike/Boat/Book/etc) Store Mobile Phone Store Garden Center Bed & Breakfast

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,626
Businesses Nearby
11k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 94% Dining 6%
Chase Bank Shops & Services
6,799 visits/mo 0.3 miles
Marathon Petroleum Shops & Services
2,407 visits/mo 0.4 miles
City National Bank Shops & Services
1,326 visits/mo 0.5 miles
China Star Dining
725 visits/mo 0.3 miles

Demographics for 40507, KY

2,043
Population
1,765
Households
1.2
Avg Household Size
44
Median Age
54%
College-Educated
93%
High-School Grad
0.4 sq mi
ZIP Area
5,108
Density / Sq Mi
$34,543
Median Household Income
$40,826
Median Earnings
$642
Median Rent
$391,000
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant property comprising a 2,947-square-foot commercial building on a 0.0676-acre parcel.
Where is this conventional restaurant located?
The property is located at 307 W Short Street Lexington, KY.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: 2,947‑square‑foot commercial restaurant building; 0.0676‑acre parcel; Located at 307 W Short Street, Lexington, KY 40507
More about this property
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