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    5970 Hwy 51 Arlington, KY 42021

    Sponsored
    For Sale
    $159,900

    Turnkey Restaurant, Live Upstairs!

    Property size:
    3,540 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This 3,540 square foot, two-story commercial building in Arlington, KY, is offered at $159,900 ($50.82/sq ft). Currently vacant, it boasts a spacious ground floor previously used as a restaurant, complete with a full kitchen and all necessary equipment. The ample dining area presents versatile retail potential. Upstairs, a sizable apartment includes a bathroom with shower, laundry facilities, and multiple rooms adaptable as bedrooms, offices, a break room, or storage. Included in the sale are existing tables and chairs, plus numerous supplies, making this a truly turnkey opportunity. The unique layout allows for multiple income streams: operate the restaurant downstairs and rent the upstairs apartment separately. The property includes 51 parking spaces and is located at 5970 Hwy 51 South, Arlington, KY 42021. A recent price reduction makes this a compelling investment.

    Property Features for 5970 Hwy 51

    General Information

    Property type
    Restaurants
    Square Feet
    3,540 SF

    Building Details

    Buildings
    1
    Stories
    2

    HighLights

    • Carlisle County location.
    • Recently reduced price (August 8, 2022).
    • $50.82 per square foot.
    • Commercial property.
    • Commercial/industrial building type.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Arlington
    County
    Carlisle
    State
    Kentucky
    Longitude
    -89.0125183
    Latitude
    36.788262

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Restaurant - Turnkey Restaurant, Live Upstairs!
    Where is this restaurant located?
    The property is located at 5970 Hwy 51 Arlington, KY.
    What is the asking price?
    The asking price for this property is $159,900.
    What are key features of this property?
    This property features: Carlisle County location.; Recently reduced price (August 8, 2022).; $50.82 per square foot.
    Request Owner's contact information
    5970 Hwy 51 Arlington, KY 42021
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    Arlington, KY 42021
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    5970 Hwy 51 Arlington, KY 42021
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