3726 Winston AveLatonia, KY 41015

  • Turn key restaurants
  • 537 SF
For Sale
$362,000 View listing

Property Details for 3726 Winston Ave

Year built
1959
Lot size
0.06 AC
Property size (Sq ft)
537 SF
Property type
Turn key restaurants
APN
056-32-03-007.00
APU
56320300700

Description

This exceptional commercial property, located at 3728 Winston Avenue in Latonia, Kentucky, presents a unique investment opportunity. The single-unit building encompasses 1,309 square feet and sits on a 0.06-acre lot. Its strategic location in Northern Kentucky ensures high visibility and easy accessibility for potential customers, making it an ideal space for a variety of retail or restaurant businesses. The property is commercially zoned, simplifying the operational process for prospective owners. This turnkey opportunity includes all furniture, fixtures, and appliances, eliminating the need for significant upfront investment in equipment. The property is offered at $362,000, representing a compelling value for a ready-to-operate commercial space in a desirable location. The existing infrastructure and included furnishings allow for immediate occupancy and commencement of business operations. This property is perfectly suited for entrepreneurs seeking a well-positioned, move-in ready commercial space to establish or expand their business. The convenient location and turnkey nature of this offering make it an exceptional investment opportunity in a thriving Northern Kentucky market. Don't miss the chance to secure this prime commercial real estate.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $67,934
    6.5%
    $62,709
    7%
    $58,230
  • Comparable approach

    Method
    Valuation
    Relative Method
    $168,059
    Geo Method
    $168,059
  • Alternative Use

    Use
    Valuation
    Residential
    $52,897
    Hospitality
    $48,454
    Educational
    $40,313
    Medical
    $41,699
    Retail
    $62,709
3726 Winston Ave, Latonia, Kentucky

Location Insight

City
Covington
County
Kenton
State
Kentucky
Latitude
39.0464
Longitude
-84.5035
CBSA code
17140
CBSA name
CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,066
$4,500
$75,500
$80,000
-
$4,500
$75,500
$80,000

FAQs

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