Listed by Elizabeth Lyons of Cornett & Associates
A RARE OPPORTUNITY TO OWN A PIECE OF GEORGETOWN HISTORY! Own a piece of Georgetown's past while investing in its future! The opportunity to own a property with this much local history and character doesn't come along every day. Located in the heart of historic downtown Georgetown, Kentucky, 159 East Main Street is associated with one of the community's most recognizable dining traditions. The building's commercial space is home to and currently occupied by Fava's Restaurant, a Georgetown institution whose roots date back to 1910. For more than a century, this building has been part of Georgetown's commercial and social history. It represents the kind of local heritage, nostalgia, and character that cannot simply be recreated. This two-story, mixed-use property is a highly profitable addition to any real estate portfolio, featuring active lease agreements for both its commercial and residential spaces. Located in the heart of thriving downtown Georgetown, the commercial storefront benefits from heavy foot traffic on vibrant, highly walkable streets-ensuring excellent long-term viability. Upstairs, the premium residential apartment offers three bedrooms, an updated kitchen and bathroom, in-unit laundry, off-street parking, and the convenience of both interior and exterior staircases. The Georgetown, KY real estate market functions as a highly defined, steady anchor within the growing Bluegrass region. Propelled by easy access to Lexington and job stability from major local employers like the Toyota Motor Manufacturing plant, the real estate landscape features a tight, predictable pricing rather than unpredictable extremes. Here is your opportunity to become the next chapter in the history of 159 East Main Street.

Listing Tools

Property Details of 159 E Main Street

Property Details

Community

Map Location

"Based on information submitted to ImagineMLS as of November 10, 2026 6:47 PM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

I agree to receive marketing and customer service calls and text messages from Alex Smallwood. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

$

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.