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    123 Payne St Grand Rivers, KY 42025

    Sponsored
    For Sale
    $365,000

    Business Opportunity, 1 Story - Grand Rivers, KY

    Days on Market:
    153
    Last Refresh:
    Jan 7 at 5:06 pm

    Property Features for 123 Payne St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active

    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 Aug 8, 2025

    MLS# 133209 Listing URL

    Copyright © 2026 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 one-story property is situated in a prime location in the heart of Grand Rivers, Kentucky. Located between two streets and next to the city park, grocery store, theater, Patties, and T Lawson's Restaurants, it offers convenient access to local amenities. The property is located in a golf cart community, a short ride from Kentucky Lake and Barkley Lake. Green Turtle Bay Marina, which allows access to boating, and the Land Between the Lakes Recreation Park are also a short drive away. The property offers endless possibilities for business use.
    Property Profile Insight Report 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

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    FAQs

    What type of property is this?
    Storefront property - Prime location in the heart of Grand Rivers, Kentucky.
    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 $365,000.
    What are key features of this property?
    This property features: - Prime location in the heart of Grand Rivers, offering convenient access to amenities.; - Situated in a golf cart community, providing a unique lifestyle.; - Close proximity to Kentucky Lake and Barkley Lake.
    (270) 210-0073
    Request Owner's contact information
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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
    123 Payne St Grand Rivers, KY 42025
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