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    Richmond, KY
    Restaurants

    Richmond, KY Restaurants for Sale

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    Beaver Dam, KY Williamstown, KY Grayson, KY Nicholasville, KY Berea, KY Lexington, KY Waco, KY Winchester, 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‑foot mixed‑use property on 0.19 acres
    Two occupied street‑level commercial suites
    Commercial tenancy includes an established bar and retail tenant
    Five upper‑level apartment units
    Residential component offers renovation and future lease‑up potential
    View details
    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
    View details
    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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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.

    Renovated Restaurant Building with Parking
    Renovated Restaurant Building with Parking

    409 N Main St, Nicholasville, KY 40356

    $625,000
    3,068 sqft 0.50 AC lot

    Operating restaurant on a 0.5-acre site with 22 parking spaces and three-phase electric along North Main Street.

    View details
    Restored Historic Mixed-Use Property
    Restored Historic Mixed-Use Property

    101 S Main Street, Winchester, KY 40391

    Contact for pricing
    20,548 sqft

    Versatile downtown property with restaurant, gallery, event, and office components in a renovated historic setting.

    View details
    Restaurant Building with Parking
    Restaurant Building with Parking

    409 North Main Street, Nicholasville, KY 40356

    Contact for pricing
    3,069 sqft

    Well-maintained restaurant building on a 0.5-acre lot with 22 parking spaces and recent interior and plumbing updates.

    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.

    Richmond, KY Land For Sale
    Richmond, KY Land For Sale

    1135 Richmond Green Court, Richmond, KY 40475

    $375,000
    0.77 AC lot

    0.77 acres in Merchant Place, ideal for various businesses.

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    Richmond, KY Out Parcel Land
    Richmond, KY Out Parcel Land

    2072 Merchant Drive, Richmond, KY 40475

    $1,400,000
    1.71 AC lot

    1.71 acre outparcel ideal for retail, restaurant, or office.

    View details
    Platted B-3 Development Land
    Platted B-3 Development Land

    999 Dr Robert R Martin Bypass, Richmond, KY 40475

    $3,200,000
    16.00 AC lot

    Zoned B-3 commercial development land with existing preliminary plat history along Robert Martin Bypass in Madison County.

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    Commercial Land in Berea, KY
    Commercial Land in Berea, KY

    212 Pauline Drive, Berea, KY 40403

    $279,000
    1.20 AC lot

    1.2 acres of prime commercial land in Berea, Kentucky.

    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

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

    241 Eastern Byp, Richmond, KY 40475-2355

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

    1430 Main St, Richmond, KY 40475-2034

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

    703 Irvine St, Richmond, KY 40475-1735

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

    815 Eastern Byp, Richmond, KY 40475-2569

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

    419 Leighway Dr, Richmond, KY 40475-2424

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

    539 Leighway Dr, Richmond, KY 40475-2311

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

    853 Eastern Byp, Richmond, KY 40475-2569

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

    5044 Atwood Dr, Richmond, KY 40475-8898

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

    1013 Ctr Dr, Richmond, KY 40475-3841

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

    1140 Barnes Ml Rd, Richmond, KY 40475-8730

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

    123 Cir Dr, Richmond, KY 40475-1805

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

    131 Keeneland Dr, Richmond, KY 40475-8687

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

    826 Heath St, Richmond, KY 40475-2020

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

    2011 Colby Taylor Dr, Richmond, KY 40475-8678

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

    524 Eastern Byp, Richmond, KY 40475-2328

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

    203 3rd St, Richmond, KY 40475-2103

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

    429 Leighway Dr, Richmond, KY 40475-2424

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

    2072 Lantern Rdg Dr, Richmond, KY 40475-6010

    $890,000
    Estimated value
    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

    $1,370,000
    Estimated value
    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 $2.7M

    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)

    Average Property Price per SF

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

    Residential Income

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