Historic Cliffside Diner

Retail-Commercial for Sale
Also listed as Business Opportunity
Catylist Listing ID: 30184893
Property Subtypes: Restaurant
Building Size (RSF): 2,100 SF
Gross Building Area: See Agent
Sale Price: $275,000
Unit Price: $130.95 PSF
Property Use Type: Business
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 4/16/2018

Overview / Comments

Welcome to Cliffside Diner. Proudly standing on the half-acre lot adjoining the Governor’s Mansion and Kentucky State Capitol Building, this prominent staple of the Frankfort community is ready to welcome new ownership. The current owners have successfully executed a truly transformative restoration process, priming this to be a seamless, turnkey opportunity for prospective buyers. The property itself also boasts the added advantage of having frontage to the Kentucky River without being located in a floodplain.

:: All equipment, including brand new POS System, updated kitchen equipment and electronic menu boards, will accompany a full price sale.

:: Stable of devoted, local patrons and recurring stop for all who visit for government-related activities

:: Upstairs apartment with market rent of $550 per month and

:: Parking Ratio of 15.5 to 1

Attachments & Media

Additional Details

Nearest MSA: Frankfort
County: Franklin

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,119 28,467 41,572
Median Age: 34.81 37.87 38.87
Households: 2,305 12,399 17,579
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