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220 Main Street

Crab Orchard, KY 40419
  • $375,000
  • STATUS: Active
  • ON SITE: 17 Days
  • MLS #: 23021933
UPDATED: 38 min ago
$375,000
  • 0
    BEDS
  • 0.4
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

Here is an excellent opportunity to build your commercial and rental portfolio all at once! The 12,000 square foot building consists of 4 store fronts downstairs, and five apartments upstairs. One of the store fronts is renovated and currently leased as a barber shop, and the other 3 are gutted and ready for your vision! There are three 1 bedroom/1 bath apartments and two 2 bedroom/1bath apartments, all of which are nicely renovated and currently leased. They each have a newer water heater, kitchen appliances, and a window heat and air unit. The current monthly income for the apartments and barber shop is $4400. The upstairs apartment area also includes a nice community laundry room. Two lots are included in the sale, including a 24 space parking lot. Please allow 24 hours notice for showings. More photos coming soon!

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Lexington-Bluegrass Association of Realtors logo
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Bluegrass REALTORS® Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than The Lane Team | Bluegrass Sotheby's International Realty are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.
www.laneteamky.com/homes/145241359
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220 Main Street Crab Orchard, KY 40419

  • Price: $375,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 38 min ago
  • MLS #: 23021933
0
Beds
0
Baths
0
½ Baths
0.4
Acres
Neighborhood:
Downtown
County:
Lincoln
Area:
Lincoln County
Property Description
Here is an excellent opportunity to build your commercial and rental portfolio all at once! The 12,000 square foot building consists of 4 store fronts downstairs, and five apartments upstairs. One of the store fronts is renovated and currently leased as a barber shop, and the other 3 are gutted and ready for your vision! There are three 1 bedroom/1 bath apartments and two 2 bedroom/1bath apartments, all of which are nicely renovated and currently leased. They each have a newer water heater, kitchen appliances, and a window heat and air unit. The current monthly income for the apartments and barber shop is $4400. The upstairs apartment area also includes a nice community laundry room. Two lots are included in the sale, including a 24 space parking lot. Please allow 24 hours notice for showings. More photos coming soon!
Exterior Features

Parking 21 - 35 Spaces Stories Two

Property Features

Business Type Business Current Zoning C1 Possession Close of Escrow Sewer Public Sewer Tax Rate 1.07

Bluegrass REALTORS® logo Listing provided courtesy of Carolyn Pullum of Century 21 Advantage Realty: (859) 238-2119 . Listing information © 2023 Bluegrass REALTORS® Multiple Listing Service. All rights reserved.
Lexington-Bluegrass Association of Realtors logo
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Bluegrass REALTORS® Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than The Lane Team | Bluegrass Sotheby's International Realty are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.
 
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The Lane Team | Bluegrass Sotheby's International Realty
1999 Richmond Rd., Ste. 400
Lexington KY, 40502