304 North DrHopkinsville, KY 42240

Property Details for 304 North Dr

Year built

1976

Lot size

0.36 AC

Property size (Sq ft)

2,600 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional, award-winning Italian restaurant presents a lucrative investment opportunity in Hopkinsville, KY. Located at 304 North Drive, this single-unit, owner-user property boasts a 15-year legacy of success. The 2,600-2,700 square foot building, constructed in 1976 and renovated within the last 8 years, sits on a 0.36-acre lot zoned B-1. The property includes ample parking for 25 vehicles. The restaurant comfortably seats approximately 60 patrons indoors and an additional 20 on its outdoor patio. A fully equipped kitchen supports the dining area, which is furnished with tables and chairs. Its prime location across from DeBow Recreational Park offers convenient access to downtown businesses and the hospital. Currently operating and generating a substantial NOI of $400,000, resulting in an 81.48% cap rate, this business enjoys a wide customer base extending beyond the local area. The asking price is $490,900. The property is available for occupancy on November 29, 2024. This is a rare chance to acquire a thriving, established restaurant with significant earning potential.

Location Insight

City

Hopkinsville

County

Christian

State

Kentucky

Latitude

36.8636

Longitude

-87.5031

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