Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    123 Payne St Grand Rivers, KY 42025

    New
    For Sale
    $350,000

    Business Opportunity, 1 Story - Grand Rivers, KY

    Days on Market:
    2
    Last Refresh:
    Dec 10 at 11:06 pm

    Property Features for 123 Payne St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Other (Cooling)

    Building Details

    Floors in Building
    1
    Flooring type
    Carpet
    Building materials
    Vinyl Siding
    Roof type
    Shingle
    Architectural style
    Other

    LP Real Estate Services, LLC (270) 210-0073

    Listing agent Lenny Powley (270) 210-0073 License #276343

    Listing date Dec 9, 2025

    MLS# 130843 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 Prime Location Property

    This property is situated in the heart of Grand Rivers, Kentucky, positioned between two streets and adjacent to the city park, grocery store, theater, Patties, and T Lawson's Restaurants. Located within a golf cart community, the property is a short distance from both Kentucky Lake and Barkley Lake. Green Turtle Bay Marina provides boating access, and the Land Between the Lakes Recreation Park is a short drive away. The property offers endless possibilities.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Grand Rivers
    County
    Livingston
    State
    Kentucky
    Longitude
    -88.361
    Latitude
    36.8777

    Nearby Similar for Sale

    • $1,375,000

      Prime Commercial Property Near Patti's

      Highly visible corner commercial property next to Patti's 1880 Restaurant.
      1805 Jh Obryan Ave, Grand Rivers, KY 42045
      View Details
    • $449,000

      Grand Rivers Restaurant Business Opportunity

      Landmark restaurant, business, and buildings for sale in Grand Rivers.
      728 Us Highway 62, Grand Rivers, KY 42045
      View Details
    • $59,900
      0.23 Acres

      Unrestricted Lot in Grand Rivers

      Unrestricted lot in the heart of Grand Rivers, Kentucky.
      238 Dover St, Grand Rivers, KY 42045
      View Details
    • $425,000

      Turnkey Campground Business Opportunity

      Well-maintained campground near Land Between the Lakes and Kentucky Lake.
      831 Vulcan Rd, Grand Rivers, KY 42045
      View Details
    • $425,000

      Turnkey Campground in Grand Rivers

      Profitable campground near Land Between the Lakes and Kentucky Lake.
      831 Vulcan Rd, Grand Rivers, KY 42045
      View Details
    • $600,000

      Restaurant Ready Building Near I-24

      Restaurant building near I-24 with commercial kitchen and banquet room.
      708 Complex Dr, Grand Rivers, KY 42045
      View Details

    FAQs

    What type of property is this?
    Storefront property - Prime location property in the heart of Grand Rivers, KY.
    Where is this storefront property located?
    The property is located at 123 Payne St Grand Rivers, KY.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - Prime location in the heart of Grand Rivers, near city park, grocery store, theater, and restaurants.; - Located in a golf cart community with easy access to Kentucky Lake and Barkley Lake.; - Close proximity to Green Turtle Bay Marina for boating access.
    (270) 210-0073
    Request Owner's contact information
    123 Payne St Grand Rivers, KY 42025
    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.
    123 Payne St
    Grand Rivers, KY 42025
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    123 Payne St Grand Rivers, KY 42025
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.