183 Main St, Russellville, KY 42276-1901
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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