Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    728 Us Highway 62 Grand Rivers, KY 42045

    For Sale
    $449,000

    Commercial - Grand Rivers, KY

    Days on Market:
    77
    Last Refresh:
    Dec 6 at 7:06 pm

    Property Features for 728 Us Highway 62

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active

    Building Details

    Floors in Building
    1
    Architectural style
    Other

    eXp Realty, LLC (888) 624-6448

    Listing agent Nick Gillespie (888) 624-6448 License #280827

    Listing date Sep 21, 2025

    MLS# 133892 Listing URL

    Copyright © 2025 Western Kentucky Regional MLS Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Grand Rivers Restaurant Business Opportunity

    This is a prime restaurant location for sale in Lake City, Kentucky, situated at the foot of Barkley Dam. The landmark property in Grand Rivers, Knoth's BBQ, has been serving authentic barbecue since 1965 and is now available. The location is ideally situated near the lakes. The sale includes the Knoth's BBQ business and all the buildings. Buyers may also be interested in the option of partnering with an owner/operator in the existing location. This is a rare chance to own a piece of Grand Rivers history in a highly desirable area with strong visitor traffic year-round.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Restaurant Realty agency Wholesale Shop Auto Repair Shop Gym & Fitness Hotel & Motel Kitchen & Bath Food Market Accounting Firm Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Knoth's Bar-B-Que, Lake City

    Location Insight

    • Map
    • Local Demand
    City
    Grand Rivers
    County
    Livingston
    State
    Kentucky
    Longitude
    -88.230436
    Latitude
    37.029933

    Nearby Similar for Sale

    • $1,375,000

      Prime Commercial Property Near Patti's

      Highly visible corner commercial property next to Patti's 1880 Restaurant.
      1805 Jh Obryan Ave, Grand Rivers, KY 42045
      View Details
    • $59,900
      0.23 Acres

      Unrestricted Lot in Grand Rivers

      Unrestricted lot in the heart of Grand Rivers, Kentucky.
      238 Dover St, Grand Rivers, KY 42045
      View Details
    • $425,000

      Turnkey Campground Business Opportunity

      Well-maintained campground near Land Between the Lakes and Kentucky Lake.
      831 Vulcan Rd, Grand Rivers, KY 42045
      View Details
    • $425,000

      Turnkey Campground in Grand Rivers

      Profitable campground near Land Between the Lakes and Kentucky Lake.
      831 Vulcan Rd, Grand Rivers, KY 42045
      View Details
    • $600,000

      Restaurant Ready Building Near I-24

      Restaurant building near I-24 with commercial kitchen and banquet room.
      708 Complex Dr, Grand Rivers, KY 42045
      View Details
    • Contact for pricing
      8.80 Acres

      Grand Rivers Campground Auction

      Income-producing campground near Kentucky and Barkley Lakes for sale.
      210 Maxwell St, Grand Rivers, KY 42045
      View Details

    FAQs

    What type of property is this?
    Restaurant - Landmark restaurant, business, and buildings for sale in Grand Rivers.
    Where is this restaurant located?
    The property is located at 728 Us Highway 62 Grand Rivers, KY.
    What is the asking price?
    The asking price for this property is $449,000.
    What are key features of this property?
    This property features: - Prime restaurant location at the foot of Barkley Dam in Grand Rivers, Kentucky.; - Includes the established Knoth's BBQ business, operating since 1965.; - Sale encompasses all buildings on the property.
    (888) 624-6448
    Request Owner's contact information
    728 Us Highway 62 Grand Rivers, KY 42045
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    728 Us Highway 62
    Grand Rivers, KY 42045
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    728 Us Highway 62 Grand Rivers, KY 42045
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.