241 Eastern Byp - Restaurant FOR SALE


Richmond, KY 40475
$2,650,000 USD
859-321-7753
241 Eastern Byp, Richmond, KY for Sale
$2,650,000 USD
Restaurant - FOR SALE
1/6
null | Request Cap Rate

241 Eastern Byp
Richmond, KY 40475


OVERVIEW

HIGH TRAFFIC UNIVERSITY CITY-PRIME COMMERCIAL/ RESTAURANT - NNN LEASE - Impeccably and very recently renovated restaurant. The property is leased on a triple net basis to Parlour Pizza, a growing regional restaurant operator with multiple locations in Kentucky and Indiana. High visibility directly off I-75 (appx 65,000 VPD) on the Eastern Bypass (major commercial corridor, appx 30,000 VPD) Surrounded by national retailers, hotels and student housing, this property benefits from strong local and visitor traffic, making it a prime location. Other details available upon request and with a signed confidentiality agreement. Year built is a best estimate based on historical research but is not guaranteed to be an accurate date. Asking price based on appraisal dated May 15, 2026.

FOR SALE DETAILS

PRICE

$2,650,000 USD

PRICE/SF

$468 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

55

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,658 SF

ZONING

B-3

APN/PARCEL ID

R002-0007-0010-A

ASK ABOUT THIS PROPERTY

Beth Bell BrownRector Hayden RealtorsMore Info
859-321-7753

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Beth Bell BrownRector Hayden RealtorsMore Info
859-321-7753

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.