For Sale
$995,000

120 Elm St Henderson, KY 42420

Multi-Tenant Retail Building, High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
138
Prime downtown Henderson, Kentucky location at 120 N Elm St, offers a unique opportunity to acquire a multi-tenant retail building totaling 18,726 square feet. This Class A property, built in 1900 and extensively renovated in 2023, boasts three stories and sits on a 12,266 square foot lot. The building currently houses four tenants, with an occupancy date of May 5, 2024. The property is zoned for commercial business district use and includes 25 parking spaces. The asking price is $995,000, translating to $53.13 per square foot. This owner-user investment opportunity is ideal for those seeking a high-traffic location with established businesses. The property's history includes recognition as a top-rated consignment and antique shop, attracting customers from Kentucky and neighboring states. The current owners are retiring, presenting a rare chance to acquire a well-established and profitable retail space in a thriving downtown area. The property's APN is 1-20-2-14. This is a turnkey operation ready for a new owner to step in and continue the success. The building's prime location and strong tenant base make this an exceptional investment opportunity.

Highlights

  • $995,000 asking price for this Class A retail property.
  • 18,726 square feet on a 12,266 square foot lot in Henderson, KY.
  • Multi-tenant building with four tenants, currently operating as a mix of restaurant and storefront businesses.
  • $53.13 per square foot price.
  • Located at 120 N Elm St, Henderson, KY 42420, in the Commercial Business District.
  • Features 25 parking spaces.

Property Details for 120 Elm St

Property type
Retail properties, Restaurants
Square Feet
18,726 SF
Class
A
Year Built/Renovated
1900/2023
Buildings
1
Stories
3

Location Insight

City
Henderson
County
Henderson
State
Kentucky
Latitude
37.839473254362
Longitude
-87.590433270103

FAQs

What type of property is this?
Retail property - Multi-Tenant Retail Building, High Traffic
Where is the retail property located?
The property is located at 120 Elm St Henderson, KY.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: $995,000 asking price for this Class A retail property.; 18,726 square feet on a 12,266 square foot lot in Henderson, KY.; Multi-tenant building with four tenants, currently operating as a mix of restaurant and storefront businesses.
How can I contact the broker?
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120 Elm St
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