125 Main st - Storefront Retail/Residential FOR SALE


Mount Vernon, KY 40456
$184,900 USD
606-679-2656
125 Main st, Mount Vernon, KY for Sale
$184,900 USD
Storefront Retail/Residential - FOR SALE
1/25
null | Request Cap Rate

125 Main st
Mount Vernon, KY 40456


HIGHLIGHTS

  • Heart of downtown Mt Vernon
  • Move-in ready 1bed/1bath apartments
  • Retail Space facing Main St

OVERVIEW

Very unique commercial building located in the heart of downtown Mt. Vernon. This property features two extremely nice and move-in ready 1 bedroom, 1 bathroom apartments. Each apartment offers an open concept layout with a living room and kitchen, kitchen appliances to stay, and their own laundry room. Apartment 1 is approximately 665 sq. ft., while Apartment 2 is approximately 618 sq. ft. and includes a nice back porch. Both units feature beautiful wood-lined ceilings and are heated with baseboard heat. The downstairs portion of the building offers a 1,292 sq. ft. retail space fronting Main Street. This area is currently unfinished but includes its own central heat and air unit and could easily be converted into two additional apartments, offering even more rental potential. All three spaces - the two apartments and the retail area - are on separate electric and water meters. A 15x32 detached garage is also included with the property, and there is additional access and parking available from S. Wilderness Road (Highway 25 ). This property offers a fantastic investment opportunity and the potential for future expansion.

FOR SALE DETAILS

PRICE

$184,900 USD

PRICE/SF

$72 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

current: n/a

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Matt FordWeichert Realtors Ford Brothers IncMore Info
606-679-2656

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Matt FordWeichert Realtors Ford Brothers IncMore Info
606-679-2656

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