Listing provided courtesy of Rector Hayden Realtors- MLS# 26015525MLS Provider

241 Eastern BypassRichmond, KY 40475

Commercial · 5,667 Sq. ft. | 1.14 Acres
$2,650,000 Active

241 Eastern Bypass Overview

Time on Site:
4 hours
Visits:
0

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.

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241 Eastern Bypass Facts & Features

  • Type Commercial
  • Sq. ft. 5,667
  • Price/Sq.ft. $468
  • Lot 1.14 Acres

Details

General

Income/Expenses

  • Existing Lease Type: NNN

Building Information

  • Year Built: 2010

Business Information

  • Business Type: Food \u0026 Beverage,Restaurant

Location/Region

  • County Or Parish: Madison
  • MLS Area Major: 008 - Madison County
  • MLS Area Minor: 008 - Madison County
  • Subdivision Name: Eastern Bypass

Rent/Lease Information

  • Tenant Pays: Common Area Maintenance,Electricity,Exterior Maintenance,Sewer,Trash Collection,Water,Insurance,Interior Maintenance,Taxes

General Information

  • Listing Terms: 1031 Exchange,Cash,Conventional
  • Parcel Number: R002-0007-0010-A
  • Property Sub Type: Business
  • Property Type: Commercial Sale
  • Zoning: Other

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Total: 5667.0
  • Building Area Units: Square Feet

General Information

  • Basement: false
  • Building Features: Kitchen Facilities,Concrete Floor
  • Living Area: 5667.0
  • Living Area Units: Square Feet
  • Stories Total: 1

Exterior

Parking Information

  • Parking Features: On Site,Paved
  • Parking Total: 55.0

Lot Information

  • Lot Size Acres: 1.14
  • Lot Size Area: 1.14
  • Lot Size Square Feet: 49658.0
  • Lot Size Units: Acres
  • Number Of Buildings: 1

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: Brick,Wood Siding

General Information

  • Sewer: Public Sewer
  • Utilities: Electricity Connected,Sewer Connected,Water Connected

241 Eastern Bypass Neighborhood

Community

40475 (RICHMOND) Demographics

33
Median Age
229
Population Density (per sq. mile)
46%
College Educated
$52,109
Estimated Median Income
13,869
Estimated Total Home Owners
9,853
Estimated Total Renters
58% / 42%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

241 Eastern Bypass Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

241 Eastern Bypass Market Data

Based on the last 30 days in this zip code

$422,094
Average List Price
$187
Average Price per Square Foot
75
Properties Sold
66
Average Days on Market
363
Properties for Sale
Calculations provided by Reliance Network

241 Eastern Bypass History

Date Event Value Agent
6/30/2026Source: Imagine MLS/Bluegrass Added to Database
June 30, 2026