77 Riv Dr Irvine, KY 40336-1103
This exceptional 3,000 square foot commercial property, located at 77 River Drive in Irvine, Kentucky, presents a unique investment or lease opportunity. Situated on a half-acre lot (0.55 acres), this established restaurant boasts a spacious interior and significant outdoor space, including a large parking area and a sizable deck. The asking price for the sale is $550,000, and owner financing is available, making this an attractive proposition for qualified buyers. Alternatively, the property is available for lease at a monthly rate of $5,000. This lease price includes the use of all existing kitchen appliances, saving the tenant significant upfront investment costs. The ample parking and deck area provide significant advantages for customer convenience and potential outdoor seating, enhancing the overall appeal and functionality of the business. The property's location in Irvine, Kentucky offers access to a thriving local community and presents a strong foundation for a successful restaurant operation. This turnkey opportunity is ideal for an experienced restaurateur looking to establish or expand their business. The combination of a desirable location, substantial space, and available owner financing makes this a compelling investment or lease opportunity. Serious inquiries are encouraged to explore this promising venture further.
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The Black Bear Pasta & Steakhouse Restaurant
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
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.