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Turnkey Corner Restaurant
For Sale
$649,000

221 N Broadway, Georgetown, KY 40324

Turnkey restaurant on a high-visibility corner lot with fully equipped kitchen and 10–12 space parking lot.

Property Size1,159 SF
Price / SF$559.97
Days on Market96

Property Features for 221 N Broadway

General Information

Standard status Active
Size 1,159 SF
Total Parking Spaces 12

Additional Details

Business Included Yes

Building Details

Year Built 1990
Listing Agency: Tru Life Real Estate
Listed By: Han Fan · License #208847
Source: Sellkentucky
Added: Jul 24 Changed: Oct 25 Last Checked: Oct 26 at 8:35PM

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 Tru Life Real Estate

Rey
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Investment Insights

Based on property information with market context.

A turnkey restaurant opportunity, presented with a fully equipped kitchen and a proven operating track record of 18 years. The property is configured to support take-out and fast-casual service, and it includes an established customer base as described in the offering materials.

Located on a high-visibility corner lot at 221 N Broadway St in Georgetown, KY, the site offers a 10–12 space parking lot, with potential for additional parking in the back as noted in the remarks. The building and the business are both for sale. The public remarks also indicate that a new courthouse is being built next door, which may contribute to increased activity in the area.

All information above is drawn from the provided listing remarks and includes the described kitchen, parking configuration, and the stated operating history.

Key Highlights

  • Profitable, well‑established restaurant with 18 years of success
  • Restaurant and building for sale
  • Turnkey operation with a fully equipped kitchen

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

695
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
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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?
Conventional restaurant - Turnkey restaurant on a high-visibility corner lot with fully equipped kitchen and 10–12 space parking lot.
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: Profitable, well‑established restaurant with 18 years of success; Restaurant and building for sale; Turnkey operation with a fully equipped kitchen
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