4650 Highway 52 - Multi-Family FOR SALE


Loretto, KY 40037
$1,249,000 USD
4650 Highway 52, Loretto, KY for Sale
$1,249,000 USD
Multi-Family - FOR SALE
1/53
null | Request Cap Rate

4650 Highway 52
Loretto, KY 40037


HIGHLIGHTS

  • 440 Ft of Hwy 52 Frontage
  • Historic Farmhouse- No HVAC
  • Garage with Living Quarters
  • Large Garage/Pole Barn
  • Detached Garage with shelving for workshop area

OVERVIEW

PROPERTY TITLE 7-Acre Property with Residence, Separate Living Quarters & Workshops | 4650 Highway 52 PROPERTY DESCRIPTION Located near Loretto and Maker’s Mark Distillery in Kentucky’s bourbon country, 4650 Highway 52 offers approximately 7 acres with a farmhouse, a detached workshop/garage building with separate living quarters, and an additional large workshop. The property combines residential accommodations, substantial enclosed workspace, and 440 Feet of Highway 52 frontage in one setting. This could be a wonderful opportunity to own multiple buildings with income potential or a multi generational living space. There is also the possibility of purchasing the adjoining residential property that is listed separately. See MLS# 1729396 for more details. The main farmhouse residence includes approximately 2,599 square feet with four bedrooms and two and one-half bathrooms. The farmhouse offers traditional architectural character and opportunities for personalization. Electrical wiring updates are reported in the existing property information. There is no central Heating and Air Conditioning in this structure. There is a detached garage with shelving in place that can be used as an additional workshop space. The detached workshop/garage building includes finished secondary living quarters that feature many updates with a private entrance, insulation, HVAC, and reported electrical improvements. This configuration provides separation between the main residence and additional living and work areas. A second workshop features an open interior, high ceilings, oversized overhead doors, concrete flooring, and reported electrical upgrades. Its layout offers space to evaluate for equipment storage, workshop activities, or other uses consistent with applicable approvals and building capabilities. This structure is 48 ft x 32 Ft. The acreage and multiple structures create an opportunity to explore an owner-occupied live-work arrangement or residential use with accessory workspace. Business operations, rental accommodations, and other income-producing uses are subject to verification of zoning, occupancy requirements, permits, deed restrictions, and any other applicable approvals. No rental income or operating performance is represented. PROPERTY HIGHLIGHTS • Approximately 7 acres with 440 ft of Highway 52 frontage • Multiple buildings combining residential and workshop space • Approximately 2,599-square-foot main residence • Four bedrooms and two and one-half bathrooms in the main residence • Separate finished living quarters with a private entrance • Detached workshop/garage building with insulation and independent climate control and living quarters • Additional workshop with high ceilings and oversized overhead doors • Reported electrical improvements across the structures • Location near Loretto and Maker’s Mark Distillery All dimensions and acreage are approximate. Buyers should independently verify property condition, building specifications, utilities, legal occupancy, and suitability for their intended use.

FOR SALE DETAILS

PRICE

$1,249,000 USD

PRICE/SF

$161 USD /SF

# OF UNITS

3

PRICE/UNIT

$416,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Acres with residential and workshops

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1880

PARKING SPACES

4

LAND DETAILS

LAND ACRES

7 AC

LAND SF

304,920 SF

ZONING

-

APN/PARCEL ID

020-049A

ASK ABOUT THIS PROPERTY

Jayme BurdenUnited Real EstateMore Info

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