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    Lexington, KY
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    Lexington, KY Restaurants for Sale

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    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

    This listing looks promising.

    Here's a quick look at some key insights for

    208 S Limestone, Lexington, KY 40508

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    • Est. Cap Rate

      5.6%
      NOI ÷ price

    • Est. NOI

      $51K
      Annual

    • Mortgage

      $444K
      Recorded

    • Last Sold

      Jun 2009
      $500K

    • Property Type

      Bar, Tavern
      Built 1940
    View Property Analytics
    Restaurant Opportunity on Southland Drive
    Updated: Apr 15
    Restaurant Opportunity on Southland Drive

    351 Southland Drive, Lexington, KY 40503

    $500,000
    1,080 sqft 0.06 AC lot
    Prime location on Southland Dr.
    Opportunity to take over existing Wing Zone franchise.
    Includes all equipment.
    Proven franchise model with strong operational support.
    Specializes in fast‑casual take‑out, delivery, and catering.
    View details
    Prime Commercial Corner Lot Available
    Prime Commercial Corner Lot Available

    1209 Winchester Road, Lexington, KY 40505

    $949,900
    0.40 AC lot

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

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    Equipped Restaurant Building in Lexington
    Equipped Restaurant Building in Lexington

    3280 Eagle View Ln, Lexington, KY 40509

    $1,750,000
    3,500 sqft

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

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    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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    Prime Retail Land with Income
    Prime Retail Land with Income

    1951 N Broadway, Lexington, KY 40505

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

    1.3 acres of retail land near downtown Lexington.

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    Established Cafe Opportunity
    Established Cafe Opportunity

    814 Euclid Ave, Lexington, KY 40502

    $45,000
    0.03 AC lot

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

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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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    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.

    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 9 Active listings in Lexington, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 63 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.

    Winchester Mixed-Use Commercial Opportunity
    Winchester Mixed-Use Commercial Opportunity

    808 Bypass Road, Winchester, KY 40391

    $500,000
    5,054 sqft 0.42 AC lot

    Versatile property with commercial space, apartment, and expansion potential.

    View details
    Drive-Thru Retail Restaurant Building
    Drive-Thru Retail Restaurant Building

    104 N Bradford Lane, Georgetown, KY 40324

    $950,000
    996 sqft 1.07 AC lot

    Standalone 996 SF retail/restaurant building with drive-thru on a 1.07-acre B-2 site.

    View details
    Retail/Restaurant Building with Drive-Thru
    Retail/Restaurant Building with Drive-Thru

    104 N Bradford Ln, Georgetown, KY 40324

    $950,000
    996 sqft

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

    View details
    Turnkey Waterfront Restaurant
    Turnkey Waterfront Restaurant

    220 Athens Boonsboro Road, Winchester, KY 40391

    $531,000
    5,012 sqft 1.23 AC lot

    Renovated restaurant with indoor-outdoor dining, full bar, and an upstairs apartment at a waterfront property.

    View details

    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
    Eastland Shopping Center Outlot

    1311 Winchester Road, Lexington, KY 40505

    $1,100,000
    1.01 AC lot

    Prime commercial land in established shopping center facing Winchester Rd.

    View details
    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    2275 N Broadway, Lexington, KY 40505

    $375,000
    2.91 AC lot

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

    View details
    Lexington Land for Ground Lease
    Lexington Land for Ground Lease

    5540 Athens Boonesboro Road, Lexington, KY 40509

    $138,000
    1.38 AC lot

    1.38 acres of land available for ground lease.

    View details
    Georgetown Land For Sale
    Georgetown Land For Sale

    3140 Paris Pike, Georgetown, KY 40324

    $1,950,000
    10.74 AC lot

    10.74 acre commercial lot in a growing Kentucky market.

    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

    891 Georgetown St, Lexington, KY 40508-1064

    Value Estimation by Request
    440 sqft 0.17 AC lot
    View details
    131 Limestone, Unit 133
    RESTAURANT

    131 Limestone, Lexington, KY 40507-1124

    Unit 133
    $700,000
    Estimated value
    2,601 sqft 0.03 AC lot
    View details
    4174 Rowan, Unit 150
    RESTAURANT

    4174 Rowan, Lexington, KY 40517-8391

    Unit 150
    Value Estimation by Request
    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

    $2,500,000
    Estimated value
    6,008 sqft 0.32 AC lot
    View details
    101 Sand Lk Dr
    DRIVE-THRU RESTAURANT, FAST FOOD

    101 Sand Lk Dr, Lexington, KY 40515-1442

    $1,615,000
    Estimated value
    4,160 sqft 0.79 AC lot
    View details
    4456 Old Nicholasville Rd
    RESTAURANT

    4456 Old Nicholasville Rd, Lexington, KY 40515-4807

    $1,200,000
    Estimated value
    5,072 sqft 0.76 AC lot
    View details
    115 New Cir Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    115 New Cir Rd, Lexington, KY 40505-2114

    $745,000
    Estimated value
    3,118 sqft 0.85 AC lot
    View details
    940 Winchester Rd, Unit 942
    BAR, TAVERN

    940 Winchester Rd, Lexington, KY 40505-3948

    Unit 942
    Value Estimation by Request
    5,000 sqft 0.13 AC lot
    View details
    3509 Lansdowne Dr
    DRIVE-THRU RESTAURANT, FAST FOOD

    3509 Lansdowne Dr, Lexington, KY 40517-1401

    $1,220,000
    Estimated value
    2,461 sqft 0.47 AC lot
    View details
    152 Market St, Unit 154
    BAR, TAVERN

    152 Market St, Lexington, KY 40507-1105

    Unit 154
    $1,700,000
    Estimated value
    4,148 sqft 0.05 AC lot
    View details
    606 Broadway
    RESTAURANT

    606 Broadway, Lexington, KY 40508-3126

    $2,300,000
    Estimated value
    7,660 sqft 0.22 AC lot
    View details
    310 312th W Short St
    RESTAURANT

    310 312th W Short St, Lexington, KY 40507

    $1,300,000
    Estimated value
    3,223 sqft 0.04 AC lot
    View details
    122 124th N Uppr St
    RESTAURANT

    122 124th N Uppr St, Lexington, KY 40507

    $1,765,000
    Estimated value
    9,174 sqft 0.09 AC lot
    View details
    2630 Richmond Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    2630 Richmond Rd, Lexington, KY 40509-1501

    $4,150,000
    Estimated value
    2,452 sqft 0.52 AC lot
    View details

    Lexington, KY Restaurants Market Trends and Statistics

    Explore 72 restaurants for sale in Lexington, KY, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 19,608 square feet of properties for sale, with an estimated market value of $6,970,000.

    Sale prices for restaurant properties in Lexington, KY start at $500,000, averaging $995,714, and reaching up to $1,750,000 — 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 7
    Bars & Pubs 2
    Drive through restaurants 2
    Coffee shops 1

    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
    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 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)

    Property Size Breakdown

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

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