211 Main StIrvine, KY 40336

Property Details for 211 Main St

Construction

CONCRETE

Property size (Sq ft)

2,760 SF

Zone code

COMMERCIAL

Property type

Individual retail properties

APN

071-10-00-114.00

APU

71100011400

Description

This exceptional 3,300 square foot special purpose property in Irvine, Kentucky, presents a unique investment opportunity. Located at 211 Main St, 40336, Estill County, this multi-tenant building is ideal for a variety of uses, currently configured as a music studio and venue. The property offers flexible space options, with a minimum divisible unit size of 500 square feet, allowing for customization to suit individual business needs. The entire 3,300 square foot building is also available for lease. Its prime location on Main Street in Irvine provides excellent visibility and accessibility. The property's versatility makes it suitable for a range of creative businesses, from music-related enterprises to other compatible ventures. This is a rare opportunity to acquire a well-situated property in a thriving Kentucky community. The property is situated at latitude 37.701064048151665 and longitude -83.97541924267269. The building is currently configured as a multi-tenant space. Serious inquiries are encouraged to explore the possibilities of this unique commercial property. The property is located in Estill County, Kentucky.

• CAP approach

  CAP return

  Valuation

  6%

  $696,098

  6.5%

  $642,552

  7%

  $596,656

• Comparable approach

  Method

  Valuation

  Relative Method

  $591,213

  Geo Method

  $863,766

• Alternative Use

  Use

  Valuation

  Residential

  $542,017

  Hospitality

  $496,485

  Educational

  $413,069

  Medical

  $427,276

  Retail

  $642,552

Location Insight

City

Irvine

County

Estill

State

Kentucky

Latitude

37.7009

Longitude

-83.9757

CBSA code

40080

CBSA name

RICHMOND-BEREA, KY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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