About 241 Eastern Bypass
HIGH TRAFFIC UNIVERSITY CITY-PRIME COMMERCIAL/ RESTAURANT - NNN LEASE - 6.86% CAP 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. NOI first 5 years is $158,000, 5 5-year options, 10% rent increase with each 5 year option.
Commercial Sale property for sale in Richmond, KY at 241 Eastern Bypass. This Commercial Sale property is priced at $406/sqft
Facts & Features of 241 Eastern Bypass
| MLS® # | 26015525 |
|---|---|
| Price | $2,300,000 |
| Square Footage | 5,667 |
| Acres | 1.14 |
| Year Built | 2010 |
| Type | Commercial Sale |
| Sub-Type | Business |
| Status | Active |
Community Information of 241 Eastern Bypass
| Address | 241 Eastern Bypass |
|---|---|
| Area | 008 - Madison County |
| Subdivision | Eastern Bypass |
| City | Richmond |
| County | Madison |
| State | KY |
| Zip Code | 40475 |
Amenities of 241 Eastern Bypass
| Utilities | Electricity Connected, Sewer Connected, Water Connected |
|---|---|
| Parking Spaces | 55 |
| Parking | On Site, Paved |
| Is Waterfront | No |
| Has Pool | No |
Interior of 241 Eastern Bypass
| Heating | Electric |
|---|---|
| Cooling | Electric |
| Fireplace | No |
| # of Stories | 1 |
| Primary Suite On Main floor | No |
Exterior of 241 Eastern Bypass
| Construction | Brick, Wood Siding |
|---|
Additional Information On 241 Eastern Bypass
| Date Listed | June 30th, 2026 |
|---|---|
| Zoning | B-3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details On 241 Eastern Bypass
| Office | Rector Hayden Realtors |
|---|