You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $4,460,000
Bars & Pubs

411 Southland Dr Lexington, KY 40503-1826

23,187 SF 1.84 ac lot Built 2018
Entity Owned Free & Clear
Property ID
US34-0626771
Property summary
AI-generated overview

Prime Lexington location, this thriving 25,743 sq ft, two-story establishment boasts a rich 33-year history. Originally opened in 1991, it underwent a complete rebuild in 2018, resulting in a stunning facility featuring three indoor and three outdoor volleyball courts, a spacious 10,000 sq ft beer hall, a full-service restaurant, and a dedicated second-floor private party area. The restaurant serves traditional German cuisine, renowned for its sausages, schnitzels, sauerbraten, and sauerkraut, prepared by the same skilled cooks for over three decades. A remarkable selection of over 800-1000 bottled beers, including rare imports and microbrews, further enhances the establishment's appeal. The property offers a unique blend of dining, entertainment, and recreational activities, attracting a loyal local clientele and visitors alike. This turnkey operation is offered at $8,900,000 and presents a rare opportunity for an investor seeking a well-established, high-performing business in a desirable Kentucky market. The property is located at 411 Southland Dr, Lexington, KY 40503, and includes one building built in 2018.

Property profile
Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 2018
Total area 23,187 SF
Lot 1.84 ac (80,020 SF)
Zoning code B-1
APN 13534400
UPID US34-0626771
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
Current use
Occupant on record · Public records
  • Marikka's Restaurant & Bier Stube Restaurant
  • LibertyX Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.46M
Blend (final) Blend
$4.46M
Owner & transaction history
STEEL CURTAIN HOLDINGS LLC
STEEL CURTAIN HOLDINGS LLC
Zoning & alternative use
B-1 · Lexington, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

2. The principal permitted uses of the P-1 and B-1 zones, except as specifically prohibited hereinbelow. (c) Accessory Uses. The following shall be considered accessory uses in the MU-1 zone: 1. The accessory uses permitted in the P-1 and B-1 zone except for drive-through facilities. (d) Conditional Uses. The following shall be conditional uses in the MU-1 z…

Zone name Neighborhood Business
General category COMMERCIAL
Zone area 983.23 ac
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 411 Southland Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message