# 159 E Main Street, Georgetown, KY 40324 > **TL;DR:** commercial, $700,000 ($247/sqft), 2,832 sqft. Est. $3,744/mo. Listed 3 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $700,000 | | Price/sqft | $247 | | Square Feet | 2,832 | | Lot Size | 3,093 sqft (0.07 acres) | | Stories | 2 | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 3 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $3,540 | | Estimated Insurance | $204 | | **Total** | **$3,744** | ## Property Highlights - 0.07 acre lot - 2 stories ## Description ### Agent Description 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. ## Location - **Address:** 159 E Main Street, Georgetown, KY 40324 - **County:** Scott - **Neighborhood:** Downtown - **Coordinates:** 38.210102, -84.558263 - **Google Maps:** https://www.google.com/maps?q=38.210102,-84.558263 ## Listing Agent - **Name:** Elizabeth Lyons - **Brokerage:** Cornett & Associates - **Broker Phone:** 8630609 ## Photos ![159 E Main Street - Photo 1](http://lh.rdcpix.com/f0b0e0f4263452b8d1ae3432deaee3cel-f779544855r.jpg) ![159 E Main Street - Photo 2](http://lh.rdcpix.com/f0b0e0f4263452b8d1ae3432deaee3cel-f693664223r.jpg) ![159 E Main Street - Photo 3](http://lh.rdcpix.com/f0b0e0f4263452b8d1ae3432deaee3cel-f2385018539r.jpg) ![159 E Main Street - Photo 4](http://lh.rdcpix.com/f0b0e0f4263452b8d1ae3432deaee3cel-f641758152r.jpg) ![159 E Main Street - Photo 5](http://lh.rdcpix.com/f0b0e0f4263452b8d1ae3432deaee3cel-f1314609784r.jpg) ![159 E Main Street - Photo 6](http://lh.rdcpix.com/f0b0e0f4263452b8d1ae3432deaee3cel-f2519197223r.jpg) ![159 E Main Street - Photo 7](http://lh.rdcpix.com/f0b0e0f4263452b8d1ae3432deaee3cel-f4024547840r.jpg) ![159 E Main Street - Photo 8](http://lh.rdcpix.com/f0b0e0f4263452b8d1ae3432deaee3cel-f1702435272r.jpg) ![159 E Main Street - Photo 9](http://lh.rdcpix.com/f0b0e0f4263452b8d1ae3432deaee3cel-f3956724826r.jpg) ![159 E Main Street - Photo 10](http://lh.rdcpix.com/f0b0e0f4263452b8d1ae3432deaee3cel-f2534888456r.jpg) ![159 E Main Street - Photo 11](http://lh.rdcpix.com/f0b0e0f4263452b8d1ae3432deaee3cel-f2534020789r.jpg) ![159 E Main Street - Photo 12](http://lh.rdcpix.com/f0b0e0f4263452b8d1ae3432deaee3cel-f3466268078r.jpg) ![159 E Main Street - Photo 13](http://lh.rdcpix.com/f0b0e0f4263452b8d1ae3432deaee3cel-f3642579766r.jpg) ![159 E Main Street - Photo 14](http://lh.rdcpix.com/f0b0e0f4263452b8d1ae3432deaee3cel-f2298501153r.jpg) ![159 E Main Street - Photo 15](http://lh.rdcpix.com/f0b0e0f4263452b8d1ae3432deaee3cel-f2197510039r.jpg) ![159 E Main Street - Photo 16](http://lh.rdcpix.com/f0b0e0f4263452b8d1ae3432deaee3cel-f2210499121r.jpg) ![159 E Main Street - Photo 17](http://lh.rdcpix.com/f0b0e0f4263452b8d1ae3432deaee3cel-f2511663396r.jpg) ![159 E Main Street - Photo 18](http://lh.rdcpix.com/f0b0e0f4263452b8d1ae3432deaee3cel-f930380199r.jpg) ![159 E Main Street - Photo 19](http://lh.rdcpix.com/f0b0e0f4263452b8d1ae3432deaee3cel-f372807508r.jpg) ![159 E Main Street - Photo 20](http://lh.rdcpix.com/f0b0e0f4263452b8d1ae3432deaee3cel-f1524014066r.jpg) --- **MLS#:** 26030810 | **Updated:** 2026-11-10 **Source:** listhub *Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/159-e-main-street-georgetown-ky-40324-bcfaa218287e45a5a775ea65acc1ee8a) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/159-e-main-street-georgetown-ky-40324-bcfaa218287e45a5a775ea65acc1ee8a#listing", "url": "https://www.propertysimple.ai/listing/159-e-main-street-georgetown-ky-40324-bcfaa218287e45a5a775ea65acc1ee8a", "name": "159 E Main Street, Georgetown, KY 40324", "description": "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. 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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. 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