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    OFF-MARKET
    Turn key restaurants

    183 Main St, Russellville, KY 42276-1901

    5,600 SF
    Individually Owned 15-yr Hold Free & Clear
    Property ID
    US34-1097249
    Property summary
    AI-generated overview

    This exceptional Italian bistro and bar, located at 183 S Main Street in the heart of historic downtown Russellville, Kentucky, presents a rare investment opportunity. The property sits on a 0.07-acre lot and offers approximately 117 seats within the main dining area, plus a dedicated banquet room ideal for private events and functions. The fully equipped kitchen is ready for immediate operation, and the fully stocked bar contributes significantly to the restaurant's inviting atmosphere. A recent addition of a stair chair ensures accessibility for all patrons. The upper level boasts a bathroom and kitchen area, presenting versatile potential for owner's living quarters or additional operational space. This well-established restaurant enjoys a strong regional reputation, drawing customers from Russellville, Bowling Green, KY, Nashville, TN, and Clarksville, TN, known for its delicious pasta dishes and acclaimed crab cakes. The current owner is motivated to sell due to health reasons and is open to offers. This turnkey operation is poised for continued success under new ownership, representing a unique chance to acquire a thriving business in a desirable location. The asking price is $1,387,000. This is a truly exceptional opportunity to own a piece of Russellville's culinary history.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 5,600 SF
    APN 068-08-01-022-00
    UPID US34-1097249
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Owner & transaction history
    Richard B Hirsch · 15 yrs held
    Richard B Hirsch
    since 2011
    1 recorded transaction
    2011
    $46,750
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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