Restaurant for Sale

Retail-Commercial for Sale
Also listed as Vacant Land, Hospitality
Catylist Listing ID: 30294555
Property Subtypes: Free-Standing Building, Restaurant, Tavern/Bar/Nightclub
Building Size (RSF): 5,700 SF
Gross Building Area: See Agent
Sale Price: $2,750,000
Unit Price: $482.46 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/27/2018

Overview / Comments

Turnkey restaurant in a beautifully restored historic mansion. Sale includes all furniture, fixtures, and equipment.

Building can be renovated to accommodate a different use, but cannot be used for medical doctor.

Original house may not be demolished according to restrictive covenants.

Located in Old Brownsboro Crossings, one of Louisville's premier retail, dining, and healthcare destinations, home to Costco, Lowe's, Cabela's, Norton Healthcare medical complex, and numerous national restaurants. Minutes from the Paddock Shoppes, Kroger, and Norton Commons, one of Louisville's hottest neighborhoods.

Easily accessible from nearby I-265 and I-71

Building dimensions are as follows:
First floor: 3,700 SF (includes kitchen, dining room and bar)
Second floor: 2,000SF (office, restroom, employee break room)
Basement: 1,800SF (dining area and wine cellar)
Property also features spacious porch and patio areas.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 371200060000
Zoning: C-2 - Commercial District
Retail Clientele: General, Family, Business, Traveler
Property Located Between: I-71,I-265, KY Hwy 22
Property Condition: Excellent
Roof Type: Hip
Total Parking Spaces: 64
Parking Description: 64 spaces on premises. Common parking lot with 140 spaces to be constructed next door by Old Brownsboro Crossing master developer.
Part of Planned Development?: Yes

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,509 59,539 135,412
Median Age: 38.61 40.62 40.94
Households: 2,820 23,895 56,569
The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.