310-312 W Short Street, Lexington, KY 40507

$1,300,000
Property Type: Commercial Sale Square Footage: 4,731 Lot Size (sq. ft.): 1,742 Status: Closed
Current Price: $1,300,000 List Date: 4/24/2024 Last Modified: 9/03/2025

Overview

Description

Highly visible, turnkey, established restaurant and bar with real estate included. Located in downtown Lexington. Building is in excellent shape. 2nd floor offers additional income opportunities.

Listing Details MLS# 24007848

Listing Information

Comp Sale YN
No

Status Change Information

Status Change Timestamp
2024-07-09
Purchase Contract Date
2024-05-02
Close Date
2024-07-09
Close Price
1300000
Buyer Financing
Conventional
Sale Type
Arms Length Sale

Address

County
Fayette
Street Number
310-312
Street Direction Prefix
W
Street Name
Short
Street Suffix
Street
State
KY
Zip Code
40507
Parcel Number
16191600

Contract

Original List Price
1350000
Start Showing Date
2024-04-24
Listing Contract Date
2024-04-24
Listing Agreement
Exclusive Right To Sell
Occupant Type
Occupied
Office Exclusive YN
No
SP/LP
0.96

Tax Legal

MLS Area Major
001 - Fayette County NW
Subdivision Name
Downtown

Interior

Living Area
4731

More Information

Building

Basement YN
Yes
Year Built
1920
Stories Total
2

Lot

Lot Size Acres
0.04
Lot Size Square Feet
1742

Utilities

Cooling YN
Yes
Electricity Connected
Yes
Natural Gas Connected
Yes
Phone Available
Yes
Sewer Connected
Yes
Water Connected
Yes

Remarks

Public Remarks
Highly visible, turnkey, established restaurant and bar with real estate included. Located in downtown Lexington. Building is in excellent shape. 2nd floor offers additional income opportunities.

Building and Property Details

# of Men's Restrooms
2

Showing Information

Showing Instructions
LA must accompany for all showings. Call Chris Mitchell 859-321-2898

Tax & Legal

Tax Rate
1.263
Zoning Description
B2-B
Directions
North Broadway, right on Short Street.

Association/Community

Number Of Buildings
1

Construction Materials

Brick
Yes
Glass
Yes

Listing Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes

Parking Features

None
Yes

Possession

Close Of Escrow
Yes

Roof

Membrane
Yes

Sewer

Public Sewer
Yes

Water Heater

Water Heater
Yes

Building Features

Wood Flooring
Yes

Business Type

Restaurant
Yes

Ceiling

Open
Yes

Docks

None
Yes

Sale Includes

Building(s)
Yes
Business
Yes
Equipment
Yes
Fixtures
Yes
Inventory
Yes
Licenses
Yes

Property Features

Utilities: Electricity Connected; Natural Gas Connected; Phone Available; Sewer Connected; Water Connected; Electricity Connected; Natural Gas Connected; Phone Available; Sewer Connected; Water Connected Building Features: Wood Flooring Business Type: Restaurant Ceiling: Open Construction Materials: Brick; Glass Docks: None Listing Terms: 1031 Exchange; Cash; Conventional Parking Features: None Possession: Close Of Escrow Roof: Membrane Sale Includes: Building(s); Business; Equipment; Fixtures; Inventory; Licenses Sewer: Public Sewer Water Heater: Water Heater
Listing Office: Bluegrass Sotheby's International Realty
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.