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    226 Dixie Ave Elizabethtown, KY 42701

    Sponsored
    For Lease
    $20 SF/Yr ($6,446 /Mo)

    Turnkey Restaurant/Bar, High Traffic Area

    Lot size:
    3,860 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3,860 square foot, Class A retail space presents a unique opportunity for a discerning restaurateur or bar owner. Located on a bustling downtown street, this single-tenant property boasts high foot traffic and proximity to popular evening destinations, ensuring a steady stream of potential customers. The property, housed in a two-story building (no elevator), underwent a complete renovation in 2016. The main level features a fully equipped bar, a functional kitchen, and ample seating for patrons. The true highlight is the expansive, recently renovated back patio and pavilion, capable of accommodating over 100 guests. All patio furniture, an outdoor bar, and restrooms are included. The upper level provides a versatile event space, complete with tables and décor, perfect for private parties or special occasions. This turnkey operation includes all equipment, glassware, tableware, and furnishings shown in the photographs, eliminating the need for significant upfront investment. The property is zoned for commercial use and represents a rare opportunity to acquire a fully operational and well-appointed establishment in a prime downtown location. This is a truly exceptional opportunity to establish or expand your business in a thriving environment.

    Property Features for 226 Dixie Ave

    General Information

    Property type
    Wedding venues
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,860 SF
    Class
    A
    Total Rate
    6446.2

    Building Details

    Year Renovated
    2016
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Size
    4,500 SF
    Rate per SF
    $20

    HighLights

    • Turnkey restaurant/bar space available for lease.
    • High foot traffic location in a busy downtown area near popular evening attractions.
    • Main level features a bar, kitchen, and seating area.
    • Large, recently renovated patio with pavilion, seating for over 100, outdoor bar, restrooms, and all patio furniture included.
    • Upper level event space with tables and decor included.
    • All furnishings and equipment included.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wedding venues

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elizabethtown
    County
    Hardin
    State
    Kentucky
    Longitude
    -85.861024062395
    Latitude
    37.694591950677

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    FAQs

    What type of property is this?
    Wedding venue - Turnkey Restaurant/Bar, High Traffic Area
    Where is this wedding venue located?
    The property is located at 226 Dixie Ave Elizabethtown, KY.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: Turnkey restaurant/bar space available for lease.; High foot traffic location in a busy downtown area near popular evening attractions.; Main level features a bar, kitchen, and seating area.
    Request Owner's contact information
    226 Dixie Ave Elizabethtown, KY 42701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    226 Dixie Ave Elizabethtown, KY 42701
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