121 Main StBurkesville, KY 42717

Property Details for 121 Main St

Construction

TYPE NOT SPECIFIED

Property size (Sq ft)

2,066 SF

Property type

Retail space

APN

055-09-11-003.00

APU

55091100300

Description

This exceptional commercial property presents a unique investment opportunity in the heart of Burkesville, Kentucky. Located at 121 South Main Street, this offering encompasses a substantial 0.496-acre lot, conveniently situated in the city limits of Burkesville within Cumberland County. The property features a 2,000+ square foot commercial block building, boasting numerous improvements and significant road frontage. With approximately 135 feet of frontage on South Main Street, this property enjoys prime visibility and accessibility in the downtown area, just off the town square. The building itself is highly adaptable, having previously been divided to accommodate two separate businesses. This flexibility allows for a variety of uses, catering to diverse entrepreneurial needs. The extensive paved area adds to the property's convenience and functionality. The asking price for this remarkable property is $239,000. This is a rare chance to acquire a well-located, versatile commercial property in a thriving Kentucky community. The property's size, location, and adaptability make it an ideal investment for both established businesses and aspiring entrepreneurs. Don't miss this opportunity to own a piece of Burkesville's vibrant commercial landscape. The zip code is 42717.

• CAP approach

  CAP return

  Valuation

  6%

  $434,331

  6.5%

  $400,921

  7%

  $372,284

• Comparable approach

  Method

  Valuation

  Relative Method

  $448,160

  Geo Method

  $448,160

• Alternative Use

  Use

  Valuation

  Residential

  $338,192

  Hospitality

  $309,782

  Educational

  $257,735

  Medical

  $266,599

  Retail

  $400,921

Location Insight

City

Burkesville

County

Cumberland

State

Kentucky

Latitude

36.789

Longitude

-85.3712

Property Tax & Assessments

FAQs

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