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Restaurant Building with Banquet Room
For Sale
$600,000

708 Complex Drive, Grand Rivers, KY 42045

Commercial Sale, Grand Rivers, KY

Property Size4,590 SF
Lot Size1.11 Acres
Price / SF$130.72
Days on Market217

Property Features for 708 Complex Drive

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Commercial
Directions I-24 Ex 31 heading East go right off exit toward Pattie's Restaurant, turn right onto Complex Dr Property on hill on right
Standard status Active
APN 081-00-00-004.00
Size 4,590 SF
Lot size 1.11 Acres

Utilities

Utilities Cable Available
Sewer type Public Sewer

Amenities

Banquet room

Building Details

Year built 1987
Floors in Building 1
Listing Agency: Elite Realty
Listed By: Lisa Humphrey · License #276371
Added: Jan 16 Changed: Aug 19 Last Checked: Aug 21 at 11:06AM
MLS# 26016296

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 building is sized at just under 5,000 square feet and is already set up for food service. The property includes a commercial kitchen and a walk-in freezer, along with tables and chairs to support day-to-day dining. In addition, there is a large banquet room with a mini-kitchen designed to accommodate meetings and events.

Located at 708 Complex Drive in Grand Rivers, KY, the building is positioned right off Exit 31 of I-24, providing convenient access for customers traveling through the area. The remarks indicate approximately 1,600 vehicles per day for exposure.

For buyers or operators looking for a ready-to-operate restaurant site, the existing commercial kitchen, walk-in freezer, and event-capable banquet space can reduce the amount of start-up buildout. A liquor license is described as available through an accepted application. The listing notes the building can be leased as well as purchased, offering flexibility for qualified tenants or investors.

Key Highlights

  • 1987‑built commercial building just under 5,000 sqft
  • Restaurant setup includes commercial kitchen, walk‑in freezer, tables, and chairs
  • Large banquet room with mini‑kitchen, suited for meetings and events

Property Analytics

Current Use

Conventional restaurants

Lease Details

1,600 VPD
Traffic count
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

24
Businesses Nearby
Well-served
Demand for This Use

Demographics for 42045, KY

2,150
Population
1,219
Households
1.8
Avg Household Size
50
Median Age
14%
College-Educated
89%
High-School Grad
40.8 sq mi
ZIP Area
53
Density / Sq Mi
$47,230
Median Household Income
$30,912
Median Earnings
$878
Median Rent
$95,800
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 - Turnkey restaurant kitchen plus banquet room and mini-kitchen for hosting meetings and events.
Where is this conventional restaurant located?
The property is located at 708 Complex Drive Grand Rivers, KY.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 1987‑built commercial building just under 5,000 sqft; Restaurant setup includes commercial kitchen, walk‑in freezer, tables, and chairs; Large banquet room with mini‑kitchen, suited for meetings and events
More about this property
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