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    000 East Commerce St Grand Rivers, KY 42025

    For Sale
    $2,850,000

    Commercial - Grand Rivers, KY

    Days on Market:
    305
    Last Refresh:
    Dec 6 at 4:06 pm

    Property Features for 000 East Commerce St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active

    Building Details

    Floors in Building
    1
    Architectural style
    Other

    Arnold Realty Group (618) 638-5682 [email protected]

    Listing agent Erika Calhoun (270) 558-1338 License #271164

    Listing date Feb 5, 2025

    MLS# 130394 Listing URL

    Copyright © 2025 Western Kentucky Regional MLS Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Grand Rivers Investment Opportunity

    Located in Grand Rivers, Kentucky, approximately a 1/3 mile from Patti’s 1880s settlement, this property offers an investment opportunity with existing rental income and development potential. The property includes over 3 acres divided into 22 buildable lots, along with 3 operating short-term rentals. These rentals generate over $250,000 in yearly rental income. The short-term rental units are furnished to accommodate 15 guests. One unit was constructed in 2021, another in 2017, and the third in 2007.
    Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Map

    City
    Grand Rivers
    County
    Livingston
    State
    Kentucky
    Longitude
    -88.231556
    Latitude
    37.003072

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    FAQs

    What type of property is this?
    Short term rental property - Income-generating property with development potential near Patti's 1880s settlement.
    Where is this short term rental property located?
    The property is located at 000 East Commerce St Grand Rivers, KY.
    What is the asking price?
    The asking price for this property is $2,850,000.
    What are key features of this property?
    This property features: - Generates over $250,000 in yearly rental income.; - Includes 3 operating short-term rentals.; - Features 22 buildable lots on over 3 acres.
    (270) 558-1338
    Request Owner's contact information
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    Grand Rivers, KY 42025
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    000 East Commerce St Grand Rivers, KY 42025
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