112 S Troy Ave - Freestanding FOR SALE


Stanford, KY 40484
$350,000 USD
859-339-8105
112 S Troy Ave, Stanford, KY for Sale
$350,000 USD
Freestanding - FOR SALE
1/9
null | Request Cap Rate

NEW


112 S Troy Ave
Stanford, KY 40484


HIGHLIGHTS

  • • Prime Highway 127 frontage with approx. 80–100 ft of visibility
  • • High-traffic commercial corridor connecting Danville, Stanford & Lancaster
  • • 36' x 48' commercial building with storefront, garage bay & service door
  • • Additional 1-acre parcel available next door for expansion
  • • Estimated replacement cost: approx. $388,800
  • • Strong corridor growth and limited supply of small commercial buildings

OVERVIEW

Versatile 1,728 SF commercial building positioned directly on U.S. Highway 127 South in Stanford, KY. This property offers high visibility, strong daily traffic counts, and Highway Business zoning that supports a wide range of commercial uses including retail, office, light automotive, contractor operations, storage, or showroom space. The building features a storefront entrance, one garage bay, a service door, and a newer heat pump system for efficient heating and cooling. The property sits on a half-acre site with excellent ingress/egress, ample parking, and clean frontage exposure. An adjacent 1-acre parcel is available for an additional $150,000, providing a rare opportunity to assemble a larger commercial footprint for expansion, outdoor storage, or additional structures. The building is simple, functional, and low-maintenance, making it ideal for an owner-operator seeking their own business location. Estimated replacement cost at $225 per square foot places the value around $388,800, making the current asking price very competitive in today’s construction environment. Highway 127 is one of Lincoln County’s primary commercial corridors, delivering steady traffic and direct connectivity between Danville, Stanford, and Lancaster. Small, flexible commercial buildings with highway exposure are increasingly limited in supply, and this property offers strong long-term utility and market positioning for a wide variety of uses.

FOR SALE DETAILS

PRICE

$350,000 USD

PRICE/SF

$219 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

Highway Business

APN/PARCEL ID

07-024F

ASK ABOUT THIS PROPERTY

Tanner GoodKYCBMore Info
859-339-8105

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Tanner GoodKYCBMore Info
859-339-8105

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.