178 Lakeway Drive, Russell Springs, KY 42642

New Listing
$168,500
Property Type: Commercial Sale Square Footage: 510 Lot Size (sq. ft.): 10,890 Status: Active
Current Price: $168,500 List Date: 6/03/2026 Last Modified: 6/03/2026

Description

MOTIVATED SELLER - TURNKEY RESTAURANT OPPORTUNITY ! Don't miss this incredible opportunity to own a fully equipped restaurant in the heart of the beautiful Lake Cumberland area! This well-established commercial property has previously operated successfully as both a BBQ restaurant and a pizza restaurant — proving its versatility and prime location. Situated in a high-traffic area in Russell Springs just off Highway 127, this property is approximately half a mile from the Cumberland Parkway and less than a quarter mile from Russell County High School, offering excellent visibility and steady local traffic. The building features a spacious covered patio perfect for outdoor dining — an inviting space your customers will love. Inside, all commercial kitchen appliances and existing inventory remain with the property, giving you a true turnkey opportunity to step in and start operating immediately. Whether you're launching your first business or expanding your portfolio, this is your chance to be your own boss and build something special in a thriving Lake Cumberland community. All offers will be entertained - bring yours today!

Supplements: ********

More Information MLS# 26003344

Listing Information

Comp Sale YN: No Property Sub Type: Business

Status Change Information

Back on Market Date: 2026-06-03 Price Change Timestamp: 2026-04-30T21:45:18Z Status Change Timestamp: 2026-06-03

Address

Parcel Number: 033-50-02-009.00 County: Russell Street Number: 178 Street Name: Lakeway Street Suffix: Drive State: KY Zip Code: 42642

Contract

Start Showing Date: 2026-02-24 Listing Agreement: Exclusive Right To Sell Office Exclusive YN: No List Price/SqFt: 330.39 Current Price: $168,500 Original List Price: 169000 Status: Active Listing Contract Date: 2026-02-24 List Price: $168,500

Tax & Legal

Tax Rate: 0.98 Zoning: Other Directions: From 127 south, turn right on Lakeway Drive building in on the right

Association/Community

Number Of Buildings: 1

Interior

Living Area Units: Square Feet Building Area Total: 510 Building Area Source: Public Records Building Area Units: Square Feet

Building

Accessibility Features YN: Yes Year Built: 9999

Lot

Lot Size Acres: 0.25 Lot Size Square Feet: 10890

Remarks

Public Remarks: MOTIVATED SELLER - TURNKEY RESTAURANT OPPORTUNITY ! Don't miss this incredible opportunity to own a fully equipped restaurant in the heart of the beautiful Lake Cumberland area! This well-established commercial property has previously operated successfully as both a BBQ restaurant and a pizza restaurant — proving its versatility and prime location. Situated in a high-traffic area in Russell Springs just off Highway 127, this property is approximately half a mile from the Cumberland Parkway and less than a quarter mile from Russell County High School, offering excellent visibility and steady local traffic. The building features a spacious covered patio perfect for outdoor dining — an inviting space your customers will love. Inside, all commercial kitchen appliances and existing inventory remain with the property, giving you a true turnkey opportunity to step in and start operating immediately. Whether you're launching your first business or expanding your portfolio, this is your chance to be your own boss and build something special in a thriving Lake Cumberland community. All offers will be entertained - bring yours today!

Possession

Close Of Escrow: 1

Business Type

Commercial: 1

Showing Requirements

Call Listing Agent: 1

Tax Legal

MLS Area Major: 046 - Russell County Subdivision Name: Rural

Property Features

Business Type: Commercial Possession: Close Of Escrow Showing Requirements: Call Listing Agent
Listing Office: Weichert Realtors Ford Brothers, Inc.
Last Updated: June - 03 - 2026
Information deemed reliable but not guaranteed.