Claudia Sanders' Restaurant Business & Real Estate For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30805892
Property Subtypes: Car Wash, Convenience Store, Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Movie Theatre, Parking Facility, Post Office, Restaurant, Retail-Pad, Service Station/Gas Station, Street Retail, Tavern/Bar/Nightclub, Vehicle Related, Other
Building Size (RSF): 29,410 SF
Gross Building Area: See Agent
Gross Land Area: 3.03 Acres
Sale Price: $4,500,000
Unit Price: $153.01 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Building Name: Claudia Sanders Dinner House & Blackwood Hall
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/27/2024

Overview / Comments

Claudia Sanders Dinner House, the restaurant created by Colonel Sanders for his beloved wife in Shelbyville, Kentucky, is now for sale.

The sale includes the real estate, the thriving restaurant business still operating and serving over 100,000 guests a year, and the house that served as Sanders' primary residence for over 25 years.

The real estate consists of 3.03 commercially-zoned acres and two structures. The first is Blackwood Hall, a 5,000-square-foot residence that belonged to Colonel and Claudia Sanders from 1959 to 1984. The second is an almost 25,000-square-foot restaurant, banquet hall, and event space.

With its proximity to the Kentucky Bourbon Trail, Louisville, and fast-growing Shelbyville, this property is well-positioned to become a major tourist attraction, distillery, or event center.

Request Offering Memorandum by clicking on the link located in the "Attachments and Media" Section below.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Shelby
Tax ID/APN: 031-00-042A
Zoning: C - Commercial
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Casino, Other
Property Located Between: Lexington and Louisville
Property Visibility: Excellent
Largest Nearby Street: US-60
Area Description: Shelby County is situated in what is known as the Golden Triangle of Kentucky, or where Louisville, Lexington and the Cincinnati/Northern Kentucky area are connected by nearby interstates 64, 75 and 71. Shelby County is on the Bourbon Trail, with two distilleries: Jeptha Creed Distillery and Bulleit Distilling Co. Shelby County is the fastest-growing county in the Louisville metropolitan statistical area with 14.2% population growth from 2010 to 2020, according to the U.S. Census. People living here get the best of both worlds. Situated between Louisville and Lexington, it is a perfect place to settle. Not only do you get the downhome feel of a small town, but you are close enough to the more metropolitan cities to enjoy all aspects of life without the big city feel. Stroll the quaint streets of downtown Shelbyville, with its antique shops, coffee house and boutiques. Just a few miles down the road you'll find The Outlet Shoppes of the Bluegrass in beautiful Simpsonville. From e-commerce to manufacturing to tourism, Shelby County is experiencing a growth spurt — with no end in sight.
Total Number of Buildings: 2
Property Condition: Excellent
Year Built: 1866
Year Renovated: 1999
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 812 8,816 21,395
Median Age: 40.74 32.32 34.97
Households: 322 3,264 7,844

Contact

Photograph of Listing Agent

Jonathan D Klunk

EXP Realty LLC KCREA Member
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