For Sale
$279,000

870 Main StMadisonville, KY 42431

Prime Location, Barber Shop & Apartment

Overview

Added:
Dec 11, 2024
Days on market:
121
This exceptional mixed-use property in Madisonville, Kentucky, presents a compelling investment opportunity. Located at 870 S Main St, this two-story building encompasses 1,698 square feet on a sizable 0.43-acre lot. Currently configured as a thriving barbershop on the ground floor and a spacious two-bedroom, one-bathroom apartment on the upper level, this property offers immediate income potential and significant versatility. The building's prime location ensures high visibility and accessibility, making it an attractive proposition for both established businesses and new ventures. The substantial lot size provides ample space for potential expansion or future development. The combination of commercial and residential components creates a unique investment opportunity, allowing for diverse income streams and long-term growth potential. This property is ideal for investors seeking a stable, income-generating asset in a desirable Kentucky market. The existing barbershop provides a proven business model, while the apartment offers additional rental income. The property's size and location make it a highly attractive investment for those seeking a blend of commercial and residential real estate. This is a rare opportunity to acquire a well-established, income-producing property in a thriving community. The property is zoned for mixed-use, offering flexibility for future adaptations and expansions. This turnkey investment is ready for immediate occupancy and income generation.

Highlights

  • Mixed-use property in Madisonville, KY, offering immediate income.
  • 1,698 sq ft building on a 0.43-acre lot at 870 S Main St.
  • Currently features a ground-floor barbershop and a 2-bed/1-bath apartment.
  • Prime location with high visibility and accessibility.
  • Mixed-use zoning allows for flexibility and expansion.

Property Details for 870 Main St

Property type
Mixed-use properties
Square Feet
1,698 SF
Buildings
1
Stories
2
Lot Size (sq. ft)
18,731 SF

Location Insight

City
Madisonville
County
Hopkins
State
Kentucky
Latitude
37.3144786
Longitude
-87.5020169
870 Main St, Madisonville, Kentucky

FAQs

What type of property is this?
Mixed-use property - Prime Location, Barber Shop & Apartment
Where is the mixed-use property located?
The property is located at 870 Main St Madisonville, KY.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: Mixed-use property in Madisonville, KY, offering immediate income.; 1,698 sq ft building on a 0.43-acre lot at 870 S Main St.; Currently features a ground-floor barbershop and a 2-bed/1-bath apartment.
How can I contact the broker?
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870 Main St
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