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200 Commerce Dr 8,722 SF Retail Building Elizabethtown, KY 42701 For Sale

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INVESTMENT HIGHLIGHTS

  • Prime Location
  • Substantial Build Out

EXECUTIVE SUMMARY

Positioned at one of Elizabethtown’s busiest interstate exits, this is a rare opportunity to acquire a well-maintained 8,800 SF restaurant property with exceptional visibility and established infrastructure. The 1.5-acre site sits in the heart of a thriving commercial corridor surrounded by premium national hotel brands and high-volume restaurants, and is just minutes from the new Buffalo Lake Outdoor Music Venue—Elizabethtown’s major amphitheater project now under construction and slated to open in 2026. This emerging entertainment anchor is expected to drive additional traffic, tourism, and demand throughout the corridor.
PROPERTY HIGHLIGHTS
- Location: Strategic position at high-traffic I-65 exit in thriving Elizabethtown
- Lot Size: 1.5 acres
- Building: 8,722 SF restaurant facility in excellent condition
- Signage: Prominent highway pylon signage
- Infrastructure: Turnkey mechanical systems ready for immediate use
- Opportunity: Ideal for owner-operators or redevelopment investors with upside from nearby entertainment-driven growth
LOCATION ADVANTAGE
This premium property benefits from its strategic position in Elizabethtown's premier hospitality and dining district. The immediate area features:
Eight nationally branded hotels including Hampton Inn, Fairfield Inn, Hilton Garden Inn, La Quinta, Springhill Suites, Comfort Suites, Baymont Inn, and Ramada
Multiple high-traffic restaurants including Chick-fil-A, Texas Roadhouse, Drakes, Boombozz Taphouse, Cracker Barrel, Burger King, and Wendy's
The property's location at a major I-65 exit ensures exceptional visibility and accessibility for both local and interstate travelers.
INVESTMENT POTENTIAL
Last transacted in 2018
TURN-KEY OPERATION
The existing 8,800 SF restaurant structure features well-maintained mechanical systems, allowing for minimal renovation costs for restaurant operators looking to establish a presence in this high-demand area.
REDEVELOPMENT OPPORTUNITY
The generous 1.5-acre lot in a prime commercial corridor provides investors with multiple options for property repositioning or complete redevelopment.
MARKET STRENGTH
Elizabethtown continues to experience robust economic growth, with increasing population numbers and commercial development making this an ideal time to establish a presence in this dynamic market.
PROPERTY SPECIFICATIONS
Address: 200 Commerce Drive, Elizabethtown, KY 42701
Building Size: 8,722 SF
Land Area: 1.5 acres
Current Use: Restaurant (Single Tenant)
Building Class: B
Year Built: 1972
Condition: Excellent with maintained infrastructure
Utilities: All available

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,722 SF
Building Class
B
Year Built
1991
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.50 AC
Zoning
C-3 - Zoned Regional Commercial C-3. Ideal for hotel and/or restaurant adjacent to I'65 with visibility from Interstate 65.
Frontage
500’ on Commerce Drive

AMENITIES

  • Freeway Visibility
  • Monument Signage

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 8,722 SF
  • Restaurant
  • In-Line
  • Now

200 Commerce Drive presents a rare lease opportunity in one of Elizabethtown’s most dominant retail and hospitality nodes. This ±8,722 SF freestanding building sits on a 1.5-acre corner lot at a high-visibility I-65 exit, offering unmatched exposure to both local residents and interstate travelers. The surrounding area is anchored by top-performing national hotel brands and high-volume restaurants, creating consistent traffic patterns throughout the day. With an existing restaurant infrastructure in place, this location is ideal for an operator looking to expand quickly and efficiently into the Elizabethtown market.

Space Size Space Use Position Available
1st Floor 8,722 SF Restaurant In-Line Now

1st Floor

Size
8,722 SF
Space Use
Restaurant
Position
In-Line
Available
Now

1st Floor

Size 8,722 SF
Space Use Restaurant
Position In-Line
Available Now

200 Commerce Drive presents a rare lease opportunity in one of Elizabethtown’s most dominant retail and hospitality nodes. This ±8,722 SF freestanding building sits on a 1.5-acre corner lot at a high-visibility I-65 exit, offering unmatched exposure to both local residents and interstate travelers. The surrounding area is anchored by top-performing national hotel brands and high-volume restaurants, creating consistent traffic patterns throughout the day. With an existing restaurant infrastructure in place, this location is ideal for an operator looking to expand quickly and efficiently into the Elizabethtown market.

NEARBY MAJOR RETAILERS

Texas Roadhouse
Ruby Tuesday
Starbucks
Kroger
Cracker Barrel Old Country Store
Shoney’s
Scooter's Coffeehouse
Denny's
Waffle House

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
232-10-00-011.07
Land Assessment
$450,000
Improvements Assessment
$900,000
Total Assessment
$1,350,000
  • Listing ID: 34901859

  • Date on Market: 9/26/2024

  • Last Updated:

  • Address: 200 Commerce Dr, Elizabethtown, KY 42701

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