411 Southland Drive Lexington, KY $ 10,700,000
411 Southland Drive
$ 10,700,000
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411 Southland Drive

Lexington, KY, 40503
$ 10,700,000
Baths0.0 Sq 23,063

Monthly Estimate*

$ 74,743

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Studio

Commercial Property for sale in Lexington, KY

for $10,700,000. This 23,063 square foot building was built in 2018 on a lot size of 1.837.

Marikka's a favorite local neighborhood spot!! An authentic family owned German restaurant, bar, and volleyball complex located on Southland Dr.They have been in business for 33 years.Marikka's started in the strip mall in early 1991 and then they rebuilt in 2018.The new Marikka's, encompasses some 22,000+ sq. feet, including three indoor volleyball courts, a 10,000 sq. foot beer hall, a restaurant, three outdoor volleyball courts and a private party space on the second floor.As for the food, all traditional German dishes for which Marikka's is known: sausages, schnitzels, sauerbraten and sauerkraut, and they are still cooked by the same people for 33 years now! Marikka's also expanded another one of the restaurant's trademarks: its endless bottled beer selection. A huge list of hard-to-find imports and microbrews consisting of over 800-1000 bottled beers!Come in for a relaxing dinner in the restaurant or enjoy food and drink in the large beer hall with live music, games, pool tables,or volleyball! This fabulous establishment has been cherished by locals and visitors for many years now! Current owners are now ready for retirement and this well established busy spot is available!

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Commercial Active

Price

$ 10,700,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Business,Recreation,Restaurant

Lot Size

1.837

Year Built

2018

Town/City

Lexington

County/Region

Fayette

MLS | Web ID

24004276

Features
General
Sewer Public Sewer
Possession Close of Escrow Negotiable
Roof Metal Shingle
Parking 56 or More Spaces On Site Paved
Sprinklers Dry Wet
Year Built 2018
Subdivision Southland
County Fayette
Tax Rate 1.26
Business Type Business Recreation Restaurant
Property Type C
Area 004 - Fayette County SW
Terms Cash Conventional Other Sale
Construction Materials Brick Concrete Glass Steel
Directions From Nicholasville Rd turn onto Southland Dr property will be on the right
City Lexington
Street Name Southland
Water Water Connected
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Interior
Ceiling Open Tile
Stories Two
Street Suffix Drive
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Exterior
Docks None
Number of Buildings 1
Sewer Sewer Connected
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* Excluded Features
List By
Keller Williams Commonwealth

Broker

cathiewitt@gmail.com

Email

Affordability Calculator

$74,743
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Monthly Principal & Interest
$74,743
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
458656 Elementary School
458772 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/8/2024$10,700,000 Listed Price

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411 Southland Drive, Lexington, KY, 40503 is a Commercial Property for sale at $10,700,000 with 23,063 sqft and a lot size of 1.837. 411 Southland Drive is a studio with 0.0 baths and was built in 2018. The property's zip code is 40503 which is in Lexington, KY