870 Main StMadisonville, KY 42431

Property Details for 870 Main St

Construction

FRAME

Lot size

0.25 AC

Property type

Commercial real estate

APN

M-23-14-26

APU

M231426

Description

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.

Location Insight

City

Madisonville

County

Hopkins

State

Kentucky

Latitude

37.3145

Longitude

-87.502

CBSA code

31580

CBSA name

MADISONVILLE, KY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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