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Conventional Restaurant with Kitchen
For Sale
$649,000

221 N Broadway, Georgetown, KY 40324

Commercial Sale, Georgetown, KY

Property Size1,136 SF
Lot Size0.19 Acres
Price / SF$571.30
Days on Market544

Property Features for 221 N Broadway

General Information

Property type Commercial Sale
Property subtype Other
Zoning description B3
Parking 20
Subdivision Rural
Directions Main to N Broadway on the left.
Standard status Active
APN 166-30-215.000
Size 1,136 SF
Lot size 0.19 Acres

Utilities

Sewer type Public Sewer

Building Details

Year built 1990
Floors in Building 1
Building materials Concrete
Roof type Shingle
Listing Agency: Tru Life Real Estate
Listed By: Han Fan · License #208847
Added: Mar 18, 2025 Changed: Sep 6 Last Checked: Sep 12 at 6:06PM
MLS# 25005143

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.

The offering includes a 1,136-square-foot restaurant building and the operating business. A fully equipped kitchen supports the existing restaurant layout and potential take-out or fast-casual service. The concrete structure was built in 1990 and has a shingle roof, with public sewer serving the property. The site encompasses 0.186 acres and includes a 10-12-space parking lot.

Positioned on a corner lot at 221 N Broadway in Georgetown, the property is adjacent to a new courthouse under construction. The restaurant business has an 18-year operating history, and the sale includes both the real estate and business.

Key Highlights

  • 1,136‑square‑foot restaurant building with operating business included
  • Fully equipped kitchen for restaurant operations
  • 10‑12‑space parking lot on a 0.186‑acre corner lot

Property Analytics

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Current Use

New Thai Garden Restaurant

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Computer & Electronic Repair Storage Facility Locksmith Pharmacy

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

762
Businesses Nearby
Under-served
Demand for This Use

Demographics for 40324, KY

51,035
Population
20,570
Households
2.5
Avg Household Size
35
Median Age
34%
College-Educated
94%
High-School Grad
155.1 sq mi
ZIP Area
329
Density / Sq Mi
$83,012
Median Household Income
$47,619
Median Earnings
$1,188
Median Rent
$262,700
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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant business and building offered together, with a corner-lot setting and support for take-out or fast-casual service.
Where is this conventional restaurant located?
The property is located at 221 N Broadway Georgetown, KY.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: 1,136‑square‑foot restaurant building with operating business included; Fully equipped kitchen for restaurant operations; 10‑12‑space parking lot on a 0.186‑acre corner lot
More about this property
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