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    Lexington, KY Restaurants for Sale

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    19 properties
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    Conventional Restaurant with Included Equipment
    Updated: Apr 15
    Conventional Restaurant with Included Equipment

    351 Southland Drive, Lexington, KY 40503

    $500,000
    1,080 sqft 0.06 AC lot
    1,080‑square‑foot conventional restaurant property
    0.06‑acre lot
    All equipment included with the sale
    Central air conditioning
    Electric and natural gas heating
    View details
    Sprinklered Bar and Nightclub Building
    Updated: Apr 30
    Sprinklered Bar and Nightclub Building

    208 S Limestone, Lexington, KY 40508

    $925,000
    4,624 sqft 0.08 AC lot
    Brick building built in 1940 with flat roof and public sprinkler system
    Electric heating plus heat pump; central air and heat pump cooling
    Public sewer utilities; cable available
    Garage/water: tankless gas water heater reported
    Approx. 4,692 SF per appraisal and 4,624 SF per PVA
    View details
    B-1 Commercial Land with Drive-Through Approval
    B-1 Commercial Land with Drive-Through Approval

    1209 Winchester Road, Lexington, KY 40505

    $919,900
    0.40 AC lot

    Corner-oriented commercial site with public sewer, water availability, and a previously approved conditional use permit for drive-through development.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Downtown Mixed-Use Building
    Downtown Mixed-Use Building

    135 W Main Street, Lexington, KY 40507

    $2,950,000
    6,741 sqft

    Modern upper-level offices sit above a restaurant in a 2017 building with elevator service.

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    Prime Retail/Restaurant Outlot Opportunity
    Prime Retail/Restaurant Outlot Opportunity

    2887 Richmond Road, Lexington, KY 40509

    $100,000
    1.30 AC lot

    1.3-acre outlot ideal for retail or restaurant with high visibility.

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    Commercial Land With Existing Restaurant
    Commercial Land With Existing Restaurant

    1951 N Broadway, Lexington, KY 40505

    $1,170,000
    2,600 sqft 1.30 AC lot

    Flat commercial site with an operating restaurant building, existing tenancies, and convenient access to major Lexington routes.

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    Commercial Restaurant Building
    Commercial Restaurant Building

    307 W Short Street, Lexington, KY 40507

    $1,999,000
    2,947 sqft 0.07 AC lot

    Restaurant property comprising a 2,947-square-foot commercial building on a 0.0676-acre parcel.

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    Restaurant Opportunity on Southland Drive
    Restaurant Opportunity on Southland Drive

    351 Southland Dr, Lexington, KY 40503

    $500,000
    1,080 sqft

    Restaurant for sale on Southland Dr with equipment included.

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    Owner-Operated Coffee Shop
    Owner-Operated Coffee Shop

    814 Euclid Ave, Lexington, KY 40502

    $45,000
    0.03 AC lot

    Cafe business offering healthy shakes and sweet treats from an established Lexington address.

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    Freestanding Restaurant on Winchester Road
    Freestanding Restaurant on Winchester Road

    1015 Winchester Road, Lexington, KY 40505

    $1,200,000
    2,100 sqft

    Freestanding restaurant with drive-thru for sale on Winchester Road.

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    Sprinklered Nightclub-Bar Building
    Sprinklered Nightclub-Bar Building

    208 S Limestone, Lexington, KY 40507

    $925,000
    4,624 sqft

    Fully sprinklered and well maintained with a large two-story patio, ample electric, and multiple restroom facilities.

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    Restaurant and Beer Hall Facility
    Restaurant and Beer Hall Facility

    411 Southland Dr, Lexington, KY 40503

    Contact for pricing
    10,000 sqft

    German restaurant offering a large beer hall, indoor/outdoor volleyball courts, and a second-floor event space.

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    Red Lobster NNN Property
    Red Lobster NNN Property

    2550 Nicholasville Rd, Lexington, KY 40503

    Contact for pricing
    8,426 sqft 2.01 AC lot

    Operating restaurant asset subject to an absolute triple-net lease with scheduled increases and multiple renewal options.

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    Zaxby's Absolute NNN Property
    Zaxby's Absolute NNN Property

    531 W New Cir Rd, Lexington, KY 40511

    Contact for pricing
    3,902 sqft 0.82 AC lot

    Restaurant property subject to a long-term absolute triple-net lease with scheduled annual rent increases.

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    Equipped Restaurant Building in Lexington
    Equipped Restaurant Building in Lexington

    3280 Eagle View Ln, Lexington, KY 40509

    Contact for pricing
    3,500 sqft

    3,500 SF restaurant with fully equipped kitchen for sale.

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    Absolute NNN Restaurant Property
    Absolute NNN Restaurant Property

    1761 Sharkey Way, Lexington, KY 40511

    $2,750,000

    Established restaurant tenancy with an absolute net lease structure and tenant-funded improvements.

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    Freestanding Restaurant For Sale
    Freestanding Restaurant For Sale

    1015 Winchester Rd, Lexington, KY 40505

    Contact for pricing
    2,100 sqft

    Freestanding restaurant building for sale in Lexington, Kentucky.

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    Retail Space With On-Site Parking
    Retail Space With On-Site Parking

    405 Limestone, Lexington, KY 40508

    Contact for pricing

    Built in 2020, the property supports a food hall concept alongside restaurant and service-oriented retail uses.

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    Dutch Bros Drive-Through Restaurant
    Dutch Bros Drive-Through Restaurant

    234 E New Circle Rd, Lexington, KY 40505

    Contact for pricing

    Located on East New Circle Road in Lexington, Kentucky.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 19 Active Listings in Lexington, KY, we suggest to view alternatives - similar 53 Off-Market properties to explore as potential leads.

    Off-Market Properties in Lexington, KY

    Consider similar Off-Market properties in Lexington, KY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    891 Georgetown St
    RESTAURANT

    891 Georgetown St, Lexington, KY 40508-1064

    $60,000
    Estimated value
    440 sqft 0.17 AC lot
    View details
    131 Limestone, Unit 133
    RESTAURANT

    131 Limestone, Lexington, KY 40507-1124

    Unit 133
    $580,000
    Estimated value
    2,601 sqft 0.03 AC lot
    View details
    4174 Rowan, Unit 150
    RESTAURANT

    4174 Rowan, Lexington, KY 40517-8391

    Unit 150
    $360,000
    Estimated value
    4,416 sqft
    View details
    540 New Cir Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    540 New Cir Rd, Lexington, KY 40511-1833

    Value Estimation by Request
    2,911 sqft 1.33 AC lot
    View details
    385 Limestone
    NIGHTCLUB (COCKTAIL LOUNGE)

    385 Limestone, Lexington, KY 40508-3090

    $2,420,000
    Estimated value
    6,008 sqft 0.32 AC lot
    View details

    Lexington, KY Restaurants Market Trends and Statistics

    Explore 72 restaurants for sale in Lexington, KY, showcased through 19 active listings on our real estate platform. These investment opportunities span a total of 53,724 square feet of properties for sale, with an estimated market value of $13,983,900.

    Sale prices for restaurant properties in Lexington, KY start at $45,000, averaging $1,165,325, and reaching up to $2,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 31
    Drive through restaurants 6
    Bars & Pubs 5
    Coffee shops 3

    Demographics Overview

    Population 322K
    Population Growth (5Y) +1.0%
    Median Household Income $71,202
    College Educated 25.6%

    High-Yield Neighborhoods for Investment

    Identify Lexington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    40502 $45K
    40509 $100K
    40508 $462.5K
    40503 $500K
    40505 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 1.22%
    Property Tax per SF $11.25 per SF
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Fayette County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Fayette County

    Retail

    Office

    Property Size Breakdown

    The majority of commercial real estate listings in Lexington fall within the 100,000+ square foot range.

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    Popular Searches in Lexington, KY

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    Most Searched ZIP Codes in Lexington, KY

    • 40505
    • 40503
    • 40507
    • 40508
    • 40509
    • 40502
    • 40511

    Featured Lexington Real Estate Agencies

    Realmo connects you with licensed Lexington CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Keller Williams Commonwealth
    1908 Bryant Rd, Suite 250 Lexington, KY 40509
    Phone: 18597212121
    www.kwcommonwealth.com
    United Real Estate Lexington KY
    444 Lewis Hargett Circle, Ste. 180 Lexington, KY 40503
    Phone: 18593966706
    www,unitedrealestatelexingtonky.com

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