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    121 E Broad St Central City, KY 42330

    For Sale
    $115,000

    Strip, Business - Central City, KY

    Type:Business
    Property size:
    4,080 SF
    Days on Market:
    138
    Last Refresh:
    Dec 6 at 6:06 pm

    Property Features for 121 E Broad St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    Parking features
    Off Street
    Size
    4,080 SF

    Utilities

    Cooling system
    Central Air, Electric

    Building Details

    Flooring type
    Concrete
    Architectural style
    Other

    THE BLAKE HAYDEN GROUP (270) 240-1501

    Listing agent Johnna Tharp (270) 240-1501 License #240612

    Listing date Jul 22, 2025

    MLS# 92617 Listing URL

    Copyright © 2025 Greater Owensboro Realtor® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Central City Commercial Building

    Located in downtown Central City, KY, this commercial building offers income potential in a prime location. The 4,080 sq ft building (2,040 sq ft per floor) is situated on a high-traffic corner, directly across from Stellian’s restaurant. The main level features an open-concept retail or office space with original 1800s ceilings, exposed brick walls, and high ceilings. It includes a restroom and a back area suitable for a kitchen, maintenance, or storage. The current tenant pays $650 per month plus utilities. The upstairs level has the potential to be converted into three separate apartments, each with its own exterior entrance, presenting an opportunity for added rental income. This character-rich building offers possibilities for investment, occupancy, or renovation.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Element Salon & Spa Beauty Salon

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Flower Barn II, Elegant Peacock Florist & Gfts

    Location Insight

    • Map
    • Local Demand
    City
    Central City
    County
    Muhlenberg
    State
    Kentucky
    Longitude
    -87.126033
    Latitude
    37.292969

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    FAQs

    What type of property is this?
    Storefront property - Prime location with income potential in Central City, KY.
    Where is this storefront property located?
    The property is located at 121 E Broad St Central City, KY.
    What is the asking price?
    The asking price for this property is $115,000.
    What are key features of this property?
    This property features: - Prime downtown location on a high-traffic corner, directly across from Stellian's restaurant; - Existing tenant provides instant income ($650/month plus utilities); - Main level features **open-concept space with original 1800s ceilings and exposed brick**
    (270) 240-1501
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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
    121 E Broad St Central City, KY 42330
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