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Restaurant with Covered Patio
For Sale
$168,500

178 Lakeway Drive, Russell Springs, KY 42642

Commercial Sale, Russell Springs, KY

Property Size510 SF
Lot Size0.25 Acres
Price / SF$330.39
Days on Market239

Property Features for 178 Lakeway Drive

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Rural
Directions From 127 south, turn right on Lakeway Drive building in on the right
Standard status Active
APN 033-50-02-009.00
Size 510 SF
Lot size 0.25 Acres
Listing Agency: Weichert Realtors Ford Brothers, Inc.
Listed By: Darren Gossage
Added: Feb 24 Changed: Oct 2 Last Checked: Oct 21 at 11:06PM
MLS# 26003344

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.

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Investment Insights

Based on property information with market context.

This 510-square-foot restaurant property occupies a 0.25-acre parcel and includes a covered patio for outdoor dining. Commercial kitchen appliances and existing inventory remain with the sale, supporting a range of restaurant configurations. The space has previously operated as both a BBQ restaurant and a pizza restaurant.

The property is in Russell Springs, just off Highway 127, approximately half a mile from the Cumberland Parkway and less than a quarter mile from Russell County High School. Its setting provides direct access to established local transportation routes and nearby community activity.

Key Highlights

  • 510 SF restaurant property on a 0.25‑acre parcel
  • Covered patio provides outdoor dining space
  • Commercial kitchen appliances and existing inventory remain

Property Analytics

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Current Use

The Pizza Man Restaurant

Suggested Use

Top Pick Building Supply Parking Lot & Garage Auto Parts Store Garden Center Dental Office Hair Salon

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

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

84
Businesses Nearby
18k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 57% Dining 43%
Hardee's Dining
7,731 visits/mo 0.5 miles
Dollar General Shops & Services
6,212 visits/mo 0.2 miles
Sunoco Shops & Services
3,127 visits/mo 0.3 miles
Napa Auto Parts Shops & Services
765 visits/mo 0.3 miles

Demographics for 42642, KY

12,939
Population
6,453
Households
2
Avg Household Size
42
Median Age
15%
College-Educated
83%
High-School Grad
140.2 sq mi
ZIP Area
92
Density / Sq Mi
$54,100
Median Household Income
$36,281
Median Earnings
$686
Median Rent
$138,700
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

Frequently Asked Questions

What type of property is this?
Restaurant - Equipped restaurant property with commercial kitchen infrastructure, inventory, and outdoor dining space.
Where is this restaurant located?
The property is located at 178 Lakeway Drive Russell Springs, KY.
What is the asking price?
The asking price for this property is $168,500.
What are key features of this property?
This property features: 510 SF restaurant property on a 0.25‑acre parcel; Covered patio provides outdoor dining space; Commercial kitchen appliances and existing inventory remain
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