241 Eastern Bypass, Richmond, KY 40475
New Listing
$2,650,000
Property Type:
Commercial Sale
Square Footage:
5,667
Lot Size (sq. ft.):
49,658
Status:
Active
Current Price:
$2,650,000
List Date:
6/30/2026
Last Modified:
6/30/2026
Description
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.
Supplements: ********
More Information MLS# 26015525
Listing Information
Comp Sale YN: No
Property Sub Type: Business
Address
Zip +4: 2355
Parcel Number: R002-0007-0010-A
County: Madison
Street Number: 241
Street Name: Eastern
Street Suffix: Bypass
State: KY
Zip Code: 40475
Contract
Start Showing Date: 2026-06-30
Listing Agreement: Exclusive Right To Sell
Owner Name: Commercial
Occupant Type: Tenant
Office Exclusive YN: No
List Price/SqFt: 467.62
Current Price: $2,650,000
Original List Price: 2650000
Status: Active
Listing Contract Date: 2026-06-30
List Price: $2,650,000
Tax & Legal
Tax Rate: 1.054
Zoning: Other
Zoning Description: B-3
Directions: I-75 to KY-876 E/Barnes Mill Rd/Eastern Bypass in Richmond. Take exit 87 east toward EKU, property is on the left shortly after crossing over the interstate.
Association/Community
Number Of Buildings: 1
Interior
Living Area: 5667
Living Area Units: Square Feet
Building Area Total: 5667
Building Area Source: Appraiser
Building Area Units: Square Feet
Parking Information
Parking Total: 55
Building
Basement YN: No
Stories Total: 1
Accessibility Features YN: Yes
Year Built: 2010
Lot
Lot Size Acres: 1.14
Lot Size Square Feet: 49658
Utilities
Cooling YN: Yes
Heating YN: Yes
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
Remarks
Public Remarks: 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.
Construction Materials
Brick: 1
Wood Siding: 1
Cooling
Electric: 1
Heating
Electric: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Parking Features
On Site: 1
Paved: 1
Possession
Subject To Tenant Rights: 1
Sewer
Public Sewer: 1
Building and Property Details
# of Floors Serviced: 1
# of Men's Restrooms: 1
# of Women's Restrooms: 1
Building Features
Concrete Floor: 1
Kitchen Facilities: 1
Business Type
Food & Beverage: 1
Restaurant: 1
Ceiling
Dropped: 1
Open: 1
Docks
None: 1
Existing Lease Type
NNN: 1
Sale Includes
Leases: 1
Tenant Pays
Common Area Maintenance: 1
Electricity: 1
Exterior Maintenance: 1
Insurance: 1
Interior Maintenance: 1
Sewer: 1
Taxes: 1
Trash Collection: 1
Water: 1
Showing Requirements
Call Listing Agent: 1
No Sign: 1
Restricted Hours: 1
Showing Information
Showing Instructions: Please call Beth regarding showings. Current tenant is operating business there. No actions shall disturb or inconvenience tenant.
Status Change Information
Status Change Timestamp: 2026-06-30
Tax Legal
MLS Area Major: 008 - Madison County
Subdivision Name: Eastern Bypass
Property Features
Utilities: Electricity Connected; Sewer Connected; Water Connected; Electricity Connected; Sewer Connected; Water Connected
Building Features: Concrete Floor; Kitchen Facilities
Business Type: Food & Beverage; Restaurant
Ceiling: Dropped; Open
Construction Materials: Brick; Wood Siding
Cooling: Electric
Docks: None
Existing Lease Type: NNN
Heating: Electric
Listing Terms: 1031 Exchange; Cash; Conventional
Parking Features: On Site; Paved
Possession: Subject To Tenant Rights
Sale Includes: Leases
Sewer: Public Sewer
Tenant Pays: Common Area Maintenance; Electricity; Exterior Maintenance; Insurance; Interior Maintenance; Sewer; Taxes; Trash Collection; Water
Showing Requirements: Call Listing Agent; No Sign; Restricted Hours
Documents
Confidentiality Agreement ›
Listing Office:
Rector Hayden Realtors
Last Updated: June - 30 - 2026
Information deemed reliable but not guaranteed.
