Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    405 Main Street Williamsburg, KY 40769

    View on Map
    Claim this Listing
    For Sale
    $148,900

    COMMERCIAL - Williamsburg, KY

    Type:Retail
    Property size:
    1,780 SF
    Lot size:
    0.07 Acres
    Added:
    Apr 1, 2026
    Days on Market:
    19
    Last Refresh:
    Apr 19 at 1:06 am

    Property Features for 405 Main Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    APN
    110-20-06-006.00
    Size
    1,780 SF
    Lot size
    0.07 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1918
    Floors in Building
    1
    Building materials
    Block, Brick

    We can help!

    Listing Contact
    Nicholas F Greiwe

    Listing agent Nicholas F Greiwe License #214693

    Listing office CENTURY 21 Advantage Realty 911 N Main St, London, KY

    Listing date Apr 1, 2026

    MLS# 26006928

    Copyright © 2026 ImagineMLS. 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 Williamsburg Commercial Building For Sale

    This commercial building is located on Main Street in downtown Williamsburg, Kentucky. The property offers an opportunity for multiple business interests. The building has a size of 1780 square feet and is situated on a lot of 0.0704 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Southern Tease Hair ... Hair Salon Renew You Sculpting ... Spa & Massage Center

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • Williamsburg Flower Shop — 117 Main St, Williamsburg, KY 40769
    • The Flower Boutique — 402 W Sycamore St, Williamsburg, KY 40769

    Location Insight

    • Map
    • Local Demand
    City
    Williamsburg
    County
    Whitley
    State
    Kentucky
    Longitude
    -84.160627
    Latitude
    36.741904

    Nearby Similar for Sale

    • $399,000
      10,000 SF

      Williamsburg Commercial Building For Sale

      10,000 sq ft commercial building in Williamsburg, Kentucky.
      841 Highway 25, Williamsburg, KY 40769
      View Details
    • $210,000
      1,595 SF

      Commercial Building on Highway 25W

      1,600 sq ft commercial building in prime Williamsburg location.
      863 S Hwy 25, Williamsburg, KY 40769
      View Details
    • $155,000
      1,826 SF

      Commercial Property in Williamsburg, KY

      Commercial property with cleaning equipment for sale in Williamsburg.
      407 Main Street, Williamsburg, KY 40769
      View Details
    • $375,000
      1,800 SF

      Williamsburg, KY Gas Station

      Gas station with deli in rural Williamsburg, Kentucky.
      2454 KY-204, Williamsburg, KY 40769
      View Details
    • $305,900
      2,605 SF

      Williamsburg, KY Triplex Investment

      Triplex near University of the Cumberlands, fully occupied.
      346 Becks Creek Road, Williamsburg, KY 40769
      View Details
    • $350,000

      Versatile Commercial Space, Williamsburg, KY

      Prime location, flexible space suitable for various business uses.
      4252 N 25W Highway, Williamsburg, KY 40769
      View Details
    • $350,000

      Versatile Commercial Space, Williamsburg, KY

      Prime location, flexible space ideal for various business uses.
      4252 N 25W Highway, Williamsburg, KY 40769
      View Details
    • $460,000

      Williamsburg Commercial Property For Sale

      Commercial property with high visibility and immediate occupancy potential.
      941 Hwy 25, Williamsburg, KY 40769
      View Details
    • $460,000
      2,976 SF

      Commercial Property on Highway 25

      Commercial property with high visibility and immediate occupancy potential.
      941 Hwy 25, Williamsburg, KY 40769
      View Details

    FAQs

    What type of property is this?
    Storefront property - Commercial building on Main Street in downtown Williamsburg, Kentucky.
    Where is this storefront property located?
    The property is located at 405 Main Street Williamsburg, KY.
    What is the asking price?
    The asking price for this property is $148,900.
    What are key features of this property?
    This property features: Prime Main Street location in downtown Williamsburg.; Suitable for multiple business interests.; Durable block and brick building construction.
    (606) 524-4335
    We can help!
    Listing Contact
    Nicholas F Greiwe
    Real Estate License ID: 214693
    Learn More
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!