The building on North Limestone that houses The Red Light Kitchen & Lounge is for sale.
Realtor Elizabeth Prewitt of Caswell Prewitt said that the property at 780 North Limestone was listed officially on Monday for $599,000. It is available for viewing in the mornings before the restaurant opens. It has been listed for sale as part of the estate of late chef Lucie Slone Meyers.
Operator Jamie Bates said that they will keep it going as long as they can.
“I’m sad,” he said. “We’re not closing … this might stay on the market six months; we’re going to run it like normal business because we love it.”
The restaurant has to be sold so that the estate can be closed; there is a mortgage on the deed and the bank wants to be paid or have the loan guaranteed, Bates said.
“When Lucie passed, she said the restaurant would be fine. But this building is worth a lot of money.”
The new owners could decide to lease the building to The Red Light and keep it open or could open another restaurant. Bates said they’d love to stay if the rent isn’t prohibitive.
The 3,057-square-foot property is at the heart of the burgeoning NoLi arts and entertainment district and features a commercial kitchen, a dining room and a bar, along with six to 10 parking spaces. A block away, a new market, shops and offices will be going into the renovated bus station.
The decor, artwork and restaurant furnishes are not part of the sale, according to Prewitt.
Other items in Meyers’ estate were auctioned in September 2017. But Lucie’s legacy lives on in chefs around Lexington who worked in her kitchens at the Rosebud, Roy & Nadine’s, the Phoenix, Pacific Pearl, the Julep Cup and A La Lucie, all of which helped put Lexington’s dining scene on the culinary map.