Lexington, KY
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    Lexington, KY Restaurants for Sale

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    Paducah, KY Nicholasville, KY Versailles, KY
    14 results
    Downtown Lexington Mixed-Use Building
    $1,825,000
    7,343 SF

    Downtown Lexington Mixed-Use Building

    161 N Limestone, Lexington, KY 40507

    Three-story renovated building in prime downtown location.

    • Prime downtown location across from the Courthouse on N Limestone Street
    • Upscale renovations completed in 2020, including new roof, hardwood floors, and HVAC
    • Existing leases in place: First floor lease‑back potential with Georgie's Social House and second floor lease through October 2030 with Relix Bridal, Inc
    • Elevator access with coded private access
    • Flexible third‑floor space adaptable for owner occupancy, single‑tenant lease, or individual office suites
    Updated: Mar 12
    View details
    Lexington Commercial Building For Sale
    $925,000
    4,624 SF

    Lexington Commercial Building For Sale

    208 S Limestone, Lexington, KY 40508

    Well-maintained commercial building with parking lot in Lexington, Kentucky.

    • Successful nightclub/bar operation for over 13 years.
    • B‑2‑B zoning allows for a wide range of uses including residential/apt/condo.
    • Privately owned parking lot provides income potential.
    • High occupancy capacity of 392.
    • Two fully plumbed and set up bars (previously used).
    Updated: Apr 30
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    Restaurant Opportunity on Southland Drive
    $500,000
    1,080 SF

    Restaurant Opportunity on Southland Drive

    Restaurant for sale in prime Lexington location with equipment included.

    351 Southland Drive, Lexington, KY 40503
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    Prime Retail/Restaurant Outlot Opportunity
    $100,000
    1.30 Acres

    Prime Retail/Restaurant Outlot Opportunity

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

    2887 Richmond Road, Lexington, KY 40509
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    Lexington Commercial Redevelopment Opportunity
    $949,900
    0.40 Acres

    Lexington Commercial Redevelopment Opportunity

    Prime commercial land for redevelopment with drive-through potential.

    1209 Winchester Road, Lexington, KY 40505
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    Prime Commercial Corner Lot Available
    $949,900
    0.40 Acres

    Prime Commercial Corner Lot Available

    High-visibility Lexington corner lot with drive-through approval.

    1209 Winchester Road, Lexington, KY 40505
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    Retail Space Near University of Kentucky
    Contact for pricing
    3,142 SF

    Retail Space Near University of Kentucky

    Retail space near University of Kentucky and downtown Lexington.

    1030 South Broadway, Lexington, KY 40504
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    Free-Standing Retail Building with Drive-Thru
    $2,200,000
    15,048 SF

    Free-Standing Retail Building with Drive-Thru

    15,048 SF retail building with drive-thru on 2.19 acres.

    254 East New Circle Road, Lexington, KY 40505
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    Equipped Restaurant Building in Lexington
    $1,750,000
    3,500 SF

    Equipped Restaurant Building in Lexington

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

    3280 Eagle View Ln, Lexington, KY 40509
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    Restaurant Opportunity on Southland Drive
    $500,000
    1,080 SF

    Restaurant Opportunity on Southland Drive

    Restaurant for sale on Southland Dr with equipment included.

    351 Southland Dr, Lexington, KY 40503
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    Freestanding Restaurant on Winchester Road
    $1,200,000
    2,100 SF

    Freestanding Restaurant on Winchester Road

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

    1015 Winchester Road, Lexington, KY 40505
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    Prime Retail Land with Income
    $1,170,000
    2,600 SF

    Prime Retail Land with Income

    1.3 acres of retail land near downtown Lexington.

    1951 N Broadway, Lexington, KY 40505
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    Downtown Building with Upscale Renovations
    $1,825,000
    7,343 SF

    Downtown Building with Upscale Renovations

    Downtown building with recent renovations and lease income potential.

    161 N Limestone, Lexington, KY 40507
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    Established Cafe Opportunity
    $45,000
    0.03 Acres

    Established Cafe Opportunity

    Turn-key cafe business for sale in Lexington, Kentucky.

    814 Euclid Ave, Lexington, KY 40502
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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 14 Active listings in Lexington, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 58 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Nicholasville Commercial Property For Sale
    $2,399,000
    8,576 SF

    Nicholasville Commercial Property For Sale

    High-visibility commercial property with multiple income streams in Nicholasville, KY.

    1001-1007 Elizabeth Street, Nicholasville, KY 40356
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    Established Restaurant on Corner Lot
    $649,000
    1,136 SF

    Established Restaurant on Corner Lot

    Profitable restaurant for sale on a high-visibility corner lot.

    221 N Broadway, Georgetown, KY 40324
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    Prime Commercial Lots on US-27
    $9,750,000
    15.00 Acres

    Prime Commercial Lots on US-27

    Commercial lots for sale on Lexington Road (US 27).

    2310 Lexington Road, Nicholasville, KY 40356
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    Retail/Restaurant Building with Drive-Thru
    $950,000
    996 SF

    Retail/Restaurant Building with Drive-Thru

    996 SF retail/restaurant building with drive-thru in central Georgetown.

    104 N Bradford Ln, Georgetown, KY 40324
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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Eastland Shopping Center Outlot
    $1,100,000
    1.01 Acres

    Eastland Shopping Center Outlot

    Prime commercial land in established shopping center facing Winchester Rd.

    1311 Winchester Road, Lexington, KY 40505
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    Paducah Commercial Land I-24 Frontage
    $774,900
    6.67 Acres

    Paducah Commercial Land I-24 Frontage

    6.67-acre commercial tract with I-24 frontage in Paducah, KY.

    0000 Benton Road, Paducah, KY 42003
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    Prime Commercial Land Opportunity
    $375,000
    2.91 Acres

    Prime Commercial Land Opportunity

    2.90-acre commercial parcel with high visibility and easy access.

    2275 N Broadway, Lexington, KY 40505
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    Lexington Land for Ground Lease
    $138,000
    1.38 Acres

    Lexington Land for Ground Lease

    1.38 acres of land available for ground lease.

    5540 Athens Boonesboro Road, Lexington, KY 40509
    View details

    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
    440 SF Lot: 0.17 Acres
    Value Estimation by Request

    891 Georgetown St, Lexington, KY 40508-1064

    View details
    131 Limestone, Unit 133
    RESTAURANT
    2,601 SF Lot: 0.03 Acres
    Estimated value
    $700,000
    Unit 133

    131 Limestone, Lexington, KY 40507-1124

    View details
    4174 Rowan, Unit 150
    RESTAURANT
    4,416 SF
    Value Estimation by Request
    Unit 150

    4174 Rowan, Lexington, KY 40517-8391

    View details
    540 New Cir Rd
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,911 SF Lot: 1.33 Acres
    Value Estimation by Request

    540 New Cir Rd, Lexington, KY 40511-1833

    View details
    385 Limestone
    NIGHTCLUB (COCKTAIL LOUNGE)
    6,008 SF Lot: 0.32 Acres
    Estimated value
    $2,500,000

    385 Limestone, Lexington, KY 40508-3090

    View details
    101 Sand Lk Dr
    DRIVE-THRU RESTAURANT, FAST FOOD
    4,160 SF Lot: 0.79 Acres
    Estimated value
    $1,615,000

    101 Sand Lk Dr, Lexington, KY 40515-1442

    View details
    4456 Old Nicholasville Rd
    RESTAURANT
    5,072 SF Lot: 0.76 Acres
    Estimated value
    $1,200,000

    4456 Old Nicholasville Rd, Lexington, KY 40515-4807

    View details
    115 New Cir Rd
    DRIVE-THRU RESTAURANT, FAST FOOD
    3,118 SF Lot: 0.85 Acres
    Estimated value
    $745,000

    115 New Cir Rd, Lexington, KY 40505-2114

    View details
    940 Winchester Rd, Unit 942
    BAR, TAVERN
    5,000 SF Lot: 0.13 Acres
    Value Estimation by Request
    Unit 942

    940 Winchester Rd, Lexington, KY 40505-3948

    View details
    3509 Lansdowne Dr
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,461 SF Lot: 0.47 Acres
    Estimated value
    $1,220,000

    3509 Lansdowne Dr, Lexington, KY 40517-1401

    View details

    Lexington, KY Restaurants Investment Opportunities Market Analysis

    Explore 72 restaurants for sale in Lexington, KY, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 51,953 square feet of properties for sale, with an estimated market value of $16,265,000.

    Sale prices for restaurant properties in Lexington, KY start at $500,000, averaging $1,626,500, and reaching up to $3,700,000 — 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

    Conventional restaurants 6
    Drive through restaurants 4
    Bars & Pubs 1
    Coffee shops 1

    Property Size Breakdown

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

    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 median listing prices of real estate assets

    Neighborhood Average Price
    40502 $45K
    40503 $500K
    40508 $925K
    40509 $925K
    40505 $1.3M

    Taxes & Financing

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

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