701 National Ave, Unit 703 Lexington, KY 40502-1431
- Turn key restaurants
- 2,303 SF
- 0.08 lot acres
Current Use by Public Records
- El Cid's / Mexican Restaurant
Property Details for 701 National Ave
- Year built
- 1979
- Lot size
- 0.08 lot acres
- Property size
- 2,303 SF
- Zone code
- B-4
- Property type
- Turn key restaurants
- APN
- 10831500
- APU
- 10831500
Description
This exceptional 2,303-square-foot free-standing restaurant space is ideally situated on National Avenue in Lexington, Kentucky's vibrant Warehouse Block. Boasting a prime corner location within the 40502 zip code, this single-tenant property offers high visibility and foot traffic. The building features a desirable outdoor patio and rooftop seating area, perfectly complementing the bustling atmosphere of the Warehouse Block. Surrounded by popular businesses such as Mirror Twin Brewing, Eppings on Eastside, and others, this location benefits from the synergy of a thriving local scene, attracting both residents and visitors. The property's convenient access to shared parking ensures ease of access for customers. Its proximity to sought-after neighborhoods like Kenwick, Chevy Chase, and Ashland further enhances its appeal. This one-story building is zoned B-4, making it an excellent opportunity for a restaurant operator seeking a high-traffic, desirable location in a vibrant Lexington neighborhood. The entire 2,303 square feet is currently vacant and ready for immediate occupancy.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lexington
- County
- Fayette
- State
- Kentucky
- Longitude
- -84.4797
- Latitude
- 38.041
- CBSA code
- 30460
- CBSA name
- LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA
