Map of Property

Ciao Ristorante

For Sale

1201 Payne Street, Louisville, KY 40204

This Louisville property for sale is located at 1201 Payne Street. The current listed sale price for Ciao Ristorante is $2,187,500. Ciao Ristorante is situated on a lot that is 0.21 acre in size.

Contacts

Gregory Friend

Venture Realty

Property Details

  • Property Type Retail - Restaurant
  • Property Size 7,630 SF
  • Units 1
  • Lot Size 0.21 Acre
  • Property Tenancy Single Tenant
  • Year Built 1961
  • Year Renovated 2024
  • Date Updated Mar 29, 2026
Hard corner in gentrified, affluent suburb of Louisville, KY.This single-tenant NNN property is available at a below-market price of an 8 cap rate. The tenant-operator is an established restauranteur in the area and has agreed to execute a fresh 10 year lease at the sale closing.
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Highlights

  • $175,000 NOI
  • Established Local Operator w/ Personal Guaranty
  • Full Bar & Outdoor Patio
  • Full Renovation in 2024
  • New 10 Yr NNN Lease at Closing
  • Offered at Below-Market 8 Cap Rate

Attachments

Getting around

  • 75/100

    Walk Score ®

  • 43/100

    Transit Score ®

  • 77/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Louisville, KY
  • Neighborhood Irish Hill
  • Zip Code 40204
  • Market Louisville

Points of Interest

  • ChargePoint

    0.61 miles

  • Speedway

    0.73 miles

  • Thornton's Gas & Minimart

    1.40 miles

  • Shell

    1.41 miles

  • Kroger Fuel Center

    1.55 miles

  • LouLift Electric Bus Charger

    1.64 miles

  • Speedy Mart

    2.53 miles

  • Marathon Gas

    2.67 miles

  • Tesla Supercharger

    3.83 miles

  • Tesla Destination Charger

    4.02 miles

  • Le petit Parking

    0.81 miles

  • Parking Garage and Institutional Services Building

    0.98 miles

  • APH Yellow Lot

    0.99 miles

  • U of L Physicians Outpatient Center Parking Garage

    1.03 miles

  • Red Parking

    1.14 miles

  • Turquoise Parking

    1.14 miles

  • Tan Parking

    1.15 miles

  • Silver Parking

    1.15 miles

  • Yellow Parking

    1.16 miles

  • Jewish Hospital Parking Garage

    1.21 miles

  • Ciao Ristorante

    0.01 miles

  • Morels Cafe

    0.12 miles

  • Spinelli's Pizza

    0.14 miles

  • Ward 426

    0.19 miles

  • Mac's at Mile Wide

    0.32 miles

  • Señora Arepa

    0.44 miles

  • Bunz

    0.49 miles

  • Wasabiya Japanese Cuisine

    0.50 miles

  • Wick's Pizza

    0.51 miles

  • Lovafare (vegan)

    0.51 miles

  • ValuMarket Mid City Mall

    0.99 miles

  • Dollar General

    1.01 miles

  • Mid City Mall

    1.03 miles

  • Kroger

    1.45 miles

  • Bourbon Barrel Foods

    1.56 miles

  • Bombay International

    1.69 miles

  • The POD

    2.73 miles

  • ALDI

    3.64 miles

  • Rainbow Blossom

    3.73 miles

  • Target

    4.56 miles

Contact Listing Broker
Gregory Friend

Venture Realty

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