Restaurants

Richmond, KY Restaurants for Sale

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Williamstown, KY Cynthiana, KY Grayson, KY Nicholasville, KY Berea, KY Lexington, KY Waco, KY Lancaster, KY
Mixed-Use Property with Apartments
Updated: Feb 19
Mixed-Use Property with Apartments

204-206 S 3rd Street, Richmond, KY 40475

$579,000
9,763 sqft 0.19 AC lot
9,763 square feet on a 0.19‑acre site
Two occupied street‑level commercial suites
Commercial tenancy includes an established bar and retail tenant
Five upper‑level apartment units
Located at 204‑206 S 3rd Street in Downtown Richmond
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Renovated Restaurant Property
Updated: Jul 10
Renovated Restaurant Property

241 Eastern Bypass, Richmond, KY 40475

$2,300,000
5,667 sqft
5,667 SF conventional restaurant property built in 2010
Recently renovated restaurant building
Triple‑net lease with Parlour Pizza
B‑3 zoning designation
Directly off I‑75 with approximately 65,000 VPD
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Skyline Chili Restaurant
Skyline Chili Restaurant

2216 Lantern Ridge Dr, Richmond, KY 40475

$4,031,500
6,437 sqft

Established restaurant property within a major regional shopping and dining destination.

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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
First Watch Breakfast & Diner
First Watch Breakfast & Diner

2222 Lantern Ridge Dr, Richmond, KY 40475

$3,476,000
4,265 sqft

Daytime dining location within a large lifestyle center supported by major retail, entertainment, and restaurant anchors.

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Based on your search, we've compiled 59 Potential Opportunities for your consideration. Besides 4 Active listings in Richmond, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 47 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.

Gas Station with Car Wash
Gas Station with Car Wash

1001-1007 Elizabeth Street, Nicholasville, KY 40356

$2,299,000
8,576 sqft 2.50 AC lot

Gas station and convenience store property with restaurant space, auto detailing use, and signalized US 27 access.

View details
Chinese Restaurant Business
Chinese Restaurant Business

4750 Hartland Pkwy Unit 144, Lexington, KY 40515

$69,997
1 sqft

The sale includes the operating business and transfer of its existing lease, subject to landlord approval.

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Chinese Restaurant Business
Chinese Restaurant Business

4750 Hartland Parkway, Lexington, KY 40515

$69,997
62,465 sqft

The sale includes the operating business and transfer of its existing lease, subject to landlord approval.

View details
Retail Suites in Growing Area
Retail Suites in Growing Area

111-141 Bethel Harvest Drive, Nicholasville, KY 40356

Contact for pricing

Retail suites available in a new construction building.

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.

Commercial Land with Site Utilities
Commercial Land with Site Utilities

1135 Richmond Green Court, Richmond, KY 40475

$375,000
0.77 AC lot

Development parcel with utilities extended to the site and several stated commercial use possibilities.

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Commercial Land Out Parcel
Commercial Land Out Parcel

2072 Merchant Drive, Richmond, KY 40475

$1,400,000
1.71 AC lot

1.71-acre commercial site with utilities available and access from the Robert Martin Bypass.

View details
B-3 Commercial Development Land
B-3 Commercial Development Land

999 Dr Robert R Martin Bypass, Richmond, KY 40475

$2,758,800
13.79 AC lot

Commercial land with B-3 zoning positioned among established retail, office, and residential development.

View details
Commercial Development Land
Commercial Development Land

212 Pauline Drive, Berea, KY 40403

$279,000
1.20 AC lot

Flat commercial parcel with access to electricity, water, sewer, and high-speed internet service.

View details

Off-Market Properties in Richmond, KY

Consider similar Off-Market properties in Richmond, 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.

441 Leighway Dr
DRIVE-THRU RESTAURANT, FAST FOOD

441 Leighway Dr, Richmond, KY 40475-2424

Estimated value:
$835,000
3,000 sqft 0.69 AC lot
View details
241 Eastern Byp
RESTAURANT

241 Eastern Byp, Richmond, KY 40475-2355

Estimated value:
$2,025,000
5,666 sqft 1.14 AC lot
View details
1430 Main St
BAR, TAVERN

1430 Main St, Richmond, KY 40475-2034

Estimated value:
$375,000
3,556 sqft
View details
703 Irvine St
BAR, TAVERN

703 Irvine St, Richmond, KY 40475-1735

Estimated value:
$130,000
2,040 sqft
View details
815 Eastern Byp
RESTAURANT

815 Eastern Byp, Richmond, KY 40475-2569

Estimated value:
$800,000
6,249 sqft 2.29 AC lot
View details
419 Leighway Dr
DRIVE-THRU RESTAURANT, FAST FOOD

419 Leighway Dr, Richmond, KY 40475-2424

Estimated value:
$835,000
3,270 sqft 0.99 AC lot
View details
539 Leighway Dr
DRIVE-THRU RESTAURANT, FAST FOOD

539 Leighway Dr, Richmond, KY 40475-2311

Estimated value:
$1,670,000
1,770 sqft
View details
853 Eastern Byp
RESTAURANT

853 Eastern Byp, Richmond, KY 40475-2569

Estimated value:
$2,925,000
5,307 sqft 1.33 AC lot
View details
5044 Atwood Dr
RESTAURANT

5044 Atwood Dr, Richmond, KY 40475-8898

Estimated value:
$2,540,000
16,775 sqft 2.62 AC lot
View details
1013 Ctr Dr
BAR, TAVERN

1013 Ctr Dr, Richmond, KY 40475-3841

Estimated value:
$720,000
7,500 sqft
View details
1140 Barnes Ml Rd
DRIVE-THRU RESTAURANT, FAST FOOD

1140 Barnes Ml Rd, Richmond, KY 40475-8730

Estimated value:
$2,510,000
2,812 sqft 0.78 AC lot
View details
123 Cir Dr
RESTAURANT

123 Cir Dr, Richmond, KY 40475-1805

Estimated value:
$145,000
1,215 sqft
View details
131 Keeneland Dr
DRIVE-THRU RESTAURANT, FAST FOOD

131 Keeneland Dr, Richmond, KY 40475-8687

Estimated value:
$1,535,000
3,208 sqft
View details
826 Heath St
BAR, TAVERN

826 Heath St, Richmond, KY 40475-2020

Estimated value:
$570,000
4,132 sqft
View details
2011 Colby Taylor Dr
RESTAURANT

2011 Colby Taylor Dr, Richmond, KY 40475-8678

Estimated value:
$1,080,000
5,237 sqft 1.20 AC lot
View details
524 Eastern Byp
DRIVE-THRU RESTAURANT, FAST FOOD

524 Eastern Byp, Richmond, KY 40475-2328

Estimated value:
$770,000
3,282 sqft
View details
203 3rd St
RESTAURANT

203 3rd St, Richmond, KY 40475-2103

Estimated value:
$180,000
2,568 sqft
View details
429 Leighway Dr
DRIVE-THRU RESTAURANT, FAST FOOD

429 Leighway Dr, Richmond, KY 40475-2424

Estimated value:
$360,000
2,240 sqft 0.91 AC lot
View details
2072 Lantern Rdg Dr
RESTAURANT

2072 Lantern Rdg Dr, Richmond, KY 40475-6010

Estimated value:
$890,000
4,311 sqft 1.55 AC lot
View details
2013 Colby Taylor Dr
DRIVE-THRU RESTAURANT, FAST FOOD

2013 Colby Taylor Dr, Richmond, KY 40475-8678

Estimated value:
$1,370,000
1,729 sqft 0.80 AC lot
View details

Richmond, KY Restaurants Market Trends and Statistics

Explore 51 restaurants for sale in Richmond, KY, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 26,132 square feet of properties for sale, with an estimated market value of $10,386,500.

Sale prices for restaurant properties in Richmond, KY start at $579,000, averaging $2,596,625, and reaching up to $4,031,500 — 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 2
Bars & Pubs 1
Breakfast & diners 1

Demographics Overview

Population 65K
Population Growth (5Y) +5.8%
Median Household Income $62,731
College Educated 26.2%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
40475 $2.6M

Taxes & Financing

Tax Rate (average for all types) 0.97%
Property Tax per SF $5.99 per SF
Tax Rate vs County Average 0.02 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Madison County

New Delisted

Total CRE Inventory on Market (SF)

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