Share This Listing

Message

966 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

200 State St
Bowling Green, KY 42101
Retail Property For Sale

Investment Highlights

  • Historic 1929 landmark restored through a comprehensive 15-month renovation.
  • Commercial kitchen and modern building systems support immediate operations.
  • Two-level hospitality venue with dining, entertainment, and event capabilities.

Executive Summary

Located in Bowling Green's historic Shake Rag District, 200 State Street presents the opportunity to acquire a fully restored hospitality and entertainment property with a proven operating history. Originally constructed in 1929, the building underwent a comprehensive 15-month restoration that preserved its historic character while modernizing the property for contemporary restaurant, event, and entertainment operations. The two-level layout accommodates a variety of hospitality concepts, with an upscale dining and wine bar environment on the main level and a distinctive lower-level speakeasy atmosphere featuring original exposed brick, a dedicated performance stage, and integrated audio and lighting systems.
The property's extensive capital improvements include a new roof, updated HVAC systems, plumbing and electrical upgrades, commercial kitchen infrastructure, accessibility enhancements, life safety improvements, and premium interior finishes. These improvements create a turnkey opportunity for investors, owner-operators, hospitality groups, or entertainment concepts seeking a unique destination property.
Positioned within the Shake Rag and riverfront corridor, the asset benefits from its location within an area experiencing continued revitalization, adaptive reuse activity, infrastructure investment, and redevelopment. The flexible design supports a range of potential uses including restaurant operations, live entertainment, private events, receptions, corporate functions, and other hospitality-oriented concepts. With established recognition as a destination venue and the ability to accommodate large guest counts across both levels, the property offers a rare combination of historic character, modern functionality, and long-term positioning within one of Bowling Green's evolving downtown districts.
Owner would consider leasing the property to a qualified tenant.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
9,200 SF
Building Class
C
Year Built/Renovated
1929/2025
Price
$2,650,000
Price Per SF
$288.04
Tenancy
Single
Building Height
2 Stories
Building FAR
0.17
Lot Size
1.22 AC
Opportunity Zone
Yes

Property Taxes

Property Taxes

Parcel Number
039A-04-023
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$700,000
  • Listing ID: 41445711

  • Date on Market: 7/27/2026

  • Last Updated:

  • Address: 200 State St, Bowling Green, KY 42101

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}