Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Historic Downtown Hodgenville Commercial Opportunity Title is generated by Realmo AI

    110 N Lincoln Boulevard, Hodgenville, KY 42748

    View on Map
    Claim this Listing
    New
    For Sale
    $215,000

    Commercial - Hodgenville, KY

    Lot size:
    0.05 Acres
    Added:
    May 22, 2026
    Days on Market:
    5
    Last Refresh:
    May 26 at 12:06 pm

    Property Features for 110 N Lincoln Boulevard

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.05 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1905
    Flooring type
    Hardwood
    Building materials
    Brick, Brick Veneer
    Architectural style
    Other

    We can help!

    Listing Contact
    Rebecca Carter
    Rebecca Carter

    Listing agent Rebecca Carter

    Listing office EXP REALTY 2303 Hurstbourne Village Drive, Prospect, KY

    Listing date May 22, 2026

    MLS# HK2602108 Listing URL

    Copyright © 2026 Heart of Kentucky Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime location in the heart of Hodgenville's historic downtown district.
    • High visibility and traffic due to proximity to the downtown square and Lincoln Boulevard/US‑31E.
    • Versatile commercial building suitable for restaurant, retail, office, café, or investment use.
    • Historic building dating back to approximately 1905, offering unique character.
    • Close proximity to the Abraham Lincoln Birthplace National Historical Park, attracting tourist traffic.
    • Hardwood flooring and brick/brick veneer construction.

    Overview

    This commercial property is located in historic downtown Hodgenville at 110 N. Lincoln Blvd. Formerly a restaurant inspired by Abraham Lincoln, it offers visibility and character in the heart of the city’s historic district. The building dates back to approximately 1905 and is situated in one of the most recognizable areas of LaRue County. Positioned steps from the downtown square and surrounded by local shops, tourism, and community attractions, this building presents possibilities for restaurant, retail, office, café, or investment use. Located minutes from the Abraham Lincoln Birthplace National Historical Park and Lincoln Boulevard/US-31E, the property benefits from local and tourist traffic. The lot size is 0.05 acres. This location offers the opportunity to bring new life to a historic downtown location. The property is suitable for conventional restaurants, restaurants, retail space, retail properties & spaces, office units, office spaces, and general commercial real estate.
    Property Profile Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hodgenville
    County
    Larue
    State
    Kentucky
    Longitude
    -85.74042
    Latitude
    37.573693

    Nearby Similar for Sale

    • $1,725,000
      40,000 SF

      Hodgenville Commercial Property on 3.45 Acres

      40,000 SF commercial property on 3.45 acres in Hodgenville, KY.
      80 Phillips Lane, Hodgenville, KY 42748
      View Details
    • $149,900
      1,741 SF

      Spacious Farmhouse on 1.5 Acres

      Four-bedroom farmhouse on 1.5 acres with renovation potential.
      4259 N L and N Turnpike Road, Hodgenville, KY 42748
      View Details
    • $187,000

      Hodgenville Land with Barn

      3.8+ acre corner lot with barn and workshop.
      4690 Sonora Rd, Hodgenville, KY 42748
      View Details
    • $187,000

      Hodgenville Acreage with Barn

      3.8+ acre corner lot with barn and outbuilding.
      4690 Sonora Road, Hodgenville, KY 42748
      View Details
    • $1,913,000
      2,114 SF

      Retail Property with Long-Term Lease

      Retail property for sale with a long-term absolute NNN lease.
      300 Lincoln Pkwy, Hodgenville, KY 42748
      View Details

    FAQs

    What type of property is this?
    Conventional restaurant - Unique commercial building in the heart of Hodgenville's historic district.
    Where is this conventional restaurant located?
    The property is located at 110 N Lincoln Boulevard Hodgenville, KY.
    What is the asking price?
    The asking price for this property is $215,000.
    What are key features of this property?
    This property features: Prime location in the heart of Hodgenville's historic downtown district.; High visibility and traffic due to proximity to the downtown square and Lincoln Boulevard/US‑31E.; Versatile commercial building suitable for restaurant, retail, office, café, or investment use.
    (270) 765-8125
    We can help!
    Listing Contact
    Rebecca Carter
    Rebecca Carter
    Real Estate License ID: 287015
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    110 N Lincoln Boulevard, Hodgenville, KY 42748
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!