Restaurant Opportunity on Southland
For Sale
$500,000
351 Southland Dr, Lexington, KY 40503
Restaurant for sale on Southland Dr with equipment included.
Property Size1,080 SF
Price / SF$462.96
Days on Market145
Property Features for 351 Southland Dr
General Information
Standard status
Active
Size
1,080 SF
Building Details
Year Built
1957
Listing Agency:
Keller Williams Commonwealth
Listed By:
Cathie Witt-Pyle · License #210206
(859) 248-2749
Source:
Meliarealty
Added: May 25
Changed: Oct 7
Last Checked: Oct 7 at 1:29PM
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 Keller Williams Commonwealth
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Investment Insights
Based on property information with market context.
Located on Southland Drive, this restaurant property offers a prime location for various business ventures. The property, currently operating as a Wing Zone franchise, is available for purchase, presenting an opportunity to either continue the franchise or establish a new concept. The building has a size of 1080 square feet. The sale includes all existing equipment. The location is suited for fast-casual take-out, delivery, and catering services.
Key Highlights
- Prime location on Southland Dr.
- Existing Wing Zone franchise opportunity.
- All equipment included in the sale.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,653
Businesses Nearby
70k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 52%
Dining 43%
Hotels & Casinos 4%
Electronics 1%
Winchell's Donut House
Dining
14,423 visits/mo
0.2 miles
Dollar Tree
Shops & Services
9,773 visits/mo
0.3 miles
El Toro
Dining
9,741 visits/mo
0.5 miles
Dollar General
Shops & Services
8,486 visits/mo
0.2 miles
Speedway
Shops & Services
6,383 visits/mo
0.3 miles
Demographics for 40503, KY
28,073
Population
13,437
Households
2.1
Avg Household Size
39
Median Age
57%
College-Educated
96%
High-School Grad
8.8 sq mi
ZIP Area
3,190
Density / Sq Mi
$74,161
Median Household Income
$43,061
Median Earnings
$1,110
Median Rent
$280,000
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant for sale on Southland Dr with equipment included.
Where is this conventional restaurant located?
The property is located at 351 Southland Dr Lexington, KY.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Prime location on Southland Dr.; Existing Wing Zone franchise opportunity.; All equipment included in the sale.
