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Conventional Restaurant with Included Equipment
For Sale
$500,000

351 Southland Drive, Lexington, KY 40503

COMMERCIAL - Lexington, KY

Property Size1,080 SF
Lot Size0.06 Acres
Price / SF$462.96
Days on Market130

Property Features for 351 Southland Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning description B-1 - NEIGHBORHOOD BUSINESS
Parking 20
Subdivision Southland
Directions 351 Southland Dr from Nicholasville road, business will be on the right
Standard status Active
APN 22330151
Size 1,080 SF
Lot size 0.06 Acres

Utilities

Heating system Electric (Heating), Natural Gas
Cooling system Central Air

Building Details

Year built 1957
Floors in Building 1
Listing Agency: Keller Williams Commonwealth · Keller Williams Realty
Listed By: Cathie Witt-Pyle · License #210206
Added: Apr 15 Changed: Aug 4 Last Checked: Aug 22 at 7:06AM
MLS# 26007924

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.

This conventional restaurant property contains 1,080 square feet on a 0.06-acre lot. All equipment is included with the sale, providing an existing physical setup for continued restaurant use. The building was constructed in 1957 and is served by central air conditioning, with electric and natural gas heating.

The property is located at 351 Southland Drive in Lexington, Kentucky, within ZIP Code 40503. Its restaurant classification and included equipment support a straightforward food-service property offering, while the compact building footprint provides a focused commercial layout.

Key Highlights

  • 1,080‑square‑foot conventional restaurant property
  • 0.06‑acre lot
  • All equipment included with the sale

Property Analytics

Current Use

Wing Zone Restaurant

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Electrical Service HVAC Service Butcher Locksmith

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

1,653
Businesses Nearby
70k
Monthly Visits Nearby
Under-served
Demand for This Use

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

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 property with included equipment, central air, and electric and natural gas heating.
Where is this conventional restaurant located?
The property is located at 351 Southland Drive 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: 1,080‑square‑foot conventional restaurant property; 0.06‑acre lot; All equipment included with the sale
More about this property
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