Restaurant With Included
For Sale
$500,000
351 Southland Drive, Lexington, KY 40503
Commercial Sale, Lexington, KY
Property Size1,080 SF
Lot Size0.06 Acres
Price / SF$462.96
Days on Market176
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
Natural Gas, Electric (Heating)
Cooling system
Central Air
Building Details
Year built
1957
Floors in Building
1
Listing Agency:
Keller Williams Commonwealth · Keller Williams Realty
(859) 721-2121
Listed By:
Cathie Witt-Pyle · License #210206
(859) 248-2749
Added: Apr 15
Changed: Oct 2
Last Checked: Oct 7 at 3:06AM
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 restaurant property at 351 Southland Drive in Lexington provides 1,080 square feet of commercial space on a 0.06-acre lot. The building dates to 1957 and includes equipment, central air conditioning, and both natural gas and electric heating. The remarks reference Wing Zone branding and franchise use, while also presenting the space as adaptable for a new operator.
The property is located in Lexington, Fayette County, with a 40503 postal designation. Its compact footprint and existing restaurant improvements support continued food-service use, subject to the applicable terms of any franchise arrangement and other required approvals.
The property is located in Lexington, Fayette County, with a 40503 postal designation. Its compact footprint and existing restaurant improvements support continued food-service use, subject to the applicable terms of any franchise arrangement and other required approvals.
Key Highlights
- 1,080‑square‑foot restaurant property
- 0.06‑acre lot at 351 Southland Drive
- Equipment included with the sale
Property Analytics
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Current Use
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
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
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Existing restaurant space includes equipment, central air, and natural gas and electric heating systems.
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 restaurant property; 0.06‑acre lot at 351 Southland Drive; Equipment included with the sale
