323 Broadway StJackson, KY 41339

  • Other commercial real estate
  • 1,200 SF
For Sale
$199,000 View listing

Property Details for 323 Broadway St

Year built
1920
Construction
WOOD
Lot size
0.18 AC
Property size (Sq ft)
1,200 SF
Property type
Other commercial real estate
APN
086-30-11-001.00
APU
86301100100

Description

This exceptional commercial property at 323 Broadway Street, Jackson, KY, presents a unique investment opportunity. Situated on a 0.18-acre lot, this versatile space offers unmatched visibility due to its prime location adjacent to a busy DMV serving four counties, ensuring a constant stream of potential customers. The modern, open-concept design is adaptable to a wide range of businesses, from restaurants and salons to retail ventures. Ample parking is provided with a fenced and gated area accommodating over 20 vehicles. The building features a newer roof, ensuring long-term peace of mind. For food-related businesses, a fully equipped kitchen is included, complete with two 40-pound fryers, a vent hood with intact fire suppression, three-compartment sinks, a mop and hand sink, a grease trap, and a drainage system designed for pressure washing. Further enhancing its functionality, the property boasts a new water heater (installed in 2017), all-new electrical and plumbing systems (also installed in 2017), a shunt box for the vent hood and stoves, a security camera system, and pre-installed wiring for television and internet access. Plumbing for a fountain machine is also in place. Four mini-split units, installed in 2017, provide efficient climate control. Priced at $199,000, this property offers significant potential for growth and return on investment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $235,660
    Hospitality
    $215,863
    Educational
    $179,595
    Medical
    $185,772
    Retail
    $279,371
323 Broadway St, Jackson, Kentucky

Location Insight

City
Jackson
County
Breathitt
State
Kentucky
Latitude
37.5521
Longitude
-83.3844

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
$372
-
-
$50,000
-
-
-
$50,000

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