426 E Adair St Smithland, KY 42081
For Sale
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This turnkey restaurant located at 426 E Adair Street in Smithland, KY, presents a unique business opportunity. The 441 square foot building boasts newly updated restaurant equipment, ready for immediate operation. Its prime location just before the new Smithland Bridge ensures high visibility and consistent foot traffic. The property includes outdoor seating for up to 35 guests, expanding capacity and creating a welcoming atmosphere. The current owner has successfully served the community for several years, establishing a loyal customer base. Operating costs are low, requiring only a small staff. The building features a roof approximately 7 years old, and gas lines are already installed. This established business offers a compelling investment with significant potential for growth. A complete inventory of included equipment is available upon request. This is an exceptional chance to acquire a profitable, well-regarded restaurant in a thriving community. Don't miss this opportunity to own a piece of Smithland's culinary scene.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.