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    28 Broadway St Dry Ridge, KY 41035

    For Sale
    $650,000

    MULTI_FAMILY - Dry Ridge, KY

    Property size:
    7,300 SF
    Lot size:
    0.80 Acres
    Days on Market:
    65
    Last Refresh:
    Dec 6 at 12:06 am

    Property Features for 28 Broadway St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Window features
    Vinyl Frames
    APN
    046-01-00-135.00
    Parking
    32
    Patio and Porch features
    Porch
    Interior features
    Laminate Counters, Entrance Foyer
    Fencing
    Chain Link
    Appliances
    Electric Range, Dryer, Refrigerator, Washer
    Size
    7,300 SF
    Lot size
    0.80 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating), Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1905
    Floors in Building
    2
    Number of units
    5
    Building materials
    Vinyl Siding, Wood Siding
    Roof type
    Asphalt, Shingle

    Wells Real Estate (859) 393-2560

    Listing agent Judy Wells (859) 393-2560 License #195778

    Listing date Oct 3, 2025

    MLS# 635023 Listing URL

    Copyright © 2025 Northern Kentucky 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

    Mixed-Use Investment Opportunity in Kentucky

    This income-producing investment opportunity is located in the heart of Dry Ridge, also known as Campbell's Station. The property features a mix of commercial and residential units, including three commercial units and two residential units, totaling 7,300 square feet. Situated on over a 3/4 acre city lot, the property includes a 1905 historical house and an additional four units built in 1987. The two residential units have been newly renovated, and the short-term rental unit comes furnished and turnkey with an established income source. There are over 30 designated parking spaces in the paved lot. A 16' road sign is located on the high-traffic main street, and the property has 1/4 mile access to I-75 Dry Ridge Exit. The property allows for residential and commercial use. It presents an opportunity to live in one unit, operate a business, and generate additional income by leasing the remaining units.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Dry Ridge
    County
    Grant
    State
    Kentucky
    Longitude
    -84.5925
    Latitude
    38.682503

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    FAQs

    What type of property is this?
    Mixed-use property - Income-producing property with commercial and residential units in Dry Ridge.
    Where is this mixed-use property located?
    The property is located at 28 Broadway St Dry Ridge, KY.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Income-producing investment opportunity with 5 units.; - Prime location in the heart of Dry Ridge with high traffic and I-75 access.; - Newly renovated residential units, one furnished and turn-key with established short-term rental income.
    (859) 393-2560
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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
    28 Broadway St Dry Ridge, KY 41035
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