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Restaurant Property with Apartment
For Sale
$865,000

1026 -1038 Chestnut Street, Bowling Green, KY 42101

The property includes two equipped commercial kitchens, an apartment, and 42 owned parking spaces.

Property SizeContact for details
Days on Market532

Property Features for 1026 -1038 Chestnut Street

General Information

Standard status Active
Total Parking Spaces 37
Property subtype Commercial

Additional Details

Tenant in Place Yes

Amenities

Finished

Building Details

Year Built 1880
Buildings 1
Stories 2
Listing Agency: Re/Max Real Estate Executives
Listed By: James Bullington · License #190247
Source: Elmorerealestate
Added: May 11, 2025 Changed: Oct 23 Last Checked: Oct 23 at 3:48PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Re/Max Real Estate Executives

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Investment Insights

Based on property information with market context.

The 1880-built property contains two fully equipped restaurants and an apartment. Both restaurant spaces have been remodeled. Recent work also includes roof, gutter, and window updates, along with interior and exterior painting. The building has six bathrooms and two commercial kitchens. Both walk-in coolers received new evaporator coils and service with new refrigerant.

The two restaurant spaces are leased under triple-net terms. The property includes 42 owned parking spaces.

Key Highlights

  • Two fully equipped restaurants and an apartment
  • 42 owned parking spaces
  • Two commercial kitchens and six bathrooms

Property Analytics

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Open Analytics

Current Use

Lava Bar & Restaurant Restaurant BIGEASY SOULFOOD Restaurant

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Veterinary Clinic Locksmith Tanning Salon Catering Service

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

2,266
Businesses Nearby
42k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 63% Dining 37%
Mellow Mushroom Dining
10,399 visits/mo 0.1 miles
Dollar General Shops & Services
10,235 visits/mo 0.4 miles
Truist Shops & Services
6,962 visits/mo 0.1 miles
Donatos Pizza Dining
5,109 visits/mo 0.4 miles
South Central Bank Shops & Services
1,870 visits/mo 0.5 miles

Demographics for 42101, KY

64,444
Population
26,062
Households
2.5
Avg Household Size
30
Median Age
20%
College-Educated
83%
High-School Grad
281.0 sq mi
ZIP Area
229
Density / Sq Mi
$49,045
Median Household Income
$26,564
Median Earnings
$905
Median Rent
$188,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Similar Off Market Nearby

  • golden hibachi buffet — 600 U.S. 31 W Bypass, Bowling Green, KY 42101

Frequently Asked Questions

What type of property is this?
Conventional restaurant - The property includes two equipped commercial kitchens, an apartment, and 42 owned parking spaces.
Where is this conventional restaurant located?
The property is located at 1026 -1038 Chestnut Street Bowling Green, KY.
What is the asking price?
The asking price for this property is $865,000.
What are key features of this property?
This property features: Two fully equipped restaurants and an apartment; 42 owned parking spaces; Two commercial kitchens and six bathrooms
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