446 Main AveBowling Green, KY 42101

Property Details for 446 Main Ave

Year built

1950

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.07 AC

Property size (Sq ft)

8,100 SF

Property type

Office properties

Property subtype

Office buildings

APN

039A-05-015

APU

039A05015

Description

This three-story, 8,100-square-foot traditional office building in Bowling Green, KY, presents a unique investment opportunity. Located at 446 E Main Ave, this Class C building, constructed in 1890, boasts a prime location overlooking Fountain Square Park. The entire 8,100 square feet is currently vacant and available for lease as a single tenant space. The building features an elevator providing convenient access to all three floors. The property sits on a 0.07-acre lot and is zoned for Central Business use (APN: 039A-05-015). Ample public and lease parking is readily available nearby. The space is fully finished and offers the potential for subdivision into three 2,700-square-foot units, providing flexibility for various tenant needs. This historic building offers a blend of character and modern convenience, making it an attractive option for businesses seeking a prominent location in Bowling Green's vibrant downtown area. The cross street is State St. and the zip code is 42101.

• CAP approach

  CAP return

  Valuation

  6%

  $1,399,292

  6.5%

  $1,291,654

  7%

  $1,199,393

• Comparable approach

  Method

  Valuation

  Relative Method

  $697,248

  Geo Method

  $697,248

• Alternative Use

  Use

  Valuation

  Residential

  $1,601,651

  Hospitality

  $1,467,104

  Educational

  $1,220,613

  Medical

  $1,262,592

  Retail

  $1,898,731

Location Insight

City

Bowling Green

County

Warren

State

Kentucky

Latitude

36.9931

Longitude

-86.4404

CBSA code

14540

CBSA name

BOWLING GREEN, KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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