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Harrodsburg Former Schoolhouse Renovation Project

4314 Mackville Road, Harrodsburg, KY 40330

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For Sale

$562,500

COMMERCIAL - Harrodsburg, KY

Property size:

6,933 SF

Lot size:

5.60 Acres

Price / SF:

$81/SF

HighLights

Former school building on 5.6 acres, built in 1930, currently at roughed‑in renovation stage for apartments.
Planned minimum 5 apartments with 10 bath/kitchen areas; unfinished/blank‑canvas setup for conversion.
Pro forma NOI of $57,438 (gross rental income $103,995, ~7% cap rate per appraisal).
Main building square footage listed as 6,933 SF (also referenced as 7,000 SF), not including two external structures.
Includes two additional buildings: former classroom and large garage (also referenced as “barn/shop” and “cafeteria or classroom”).
Utilities/features: water available, septic tank, central air, forced air heating, metal roof, vinyl siding.

We can help!

Contact an agent

Tamara Hurst

For Sale

$562,500

COMMERCIAL - Harrodsburg, KY

Property size:

6,933 SF

Lot size:

5.60 Acres

Price / SF:

$81/SF

Added:: Sep 11, 2025
Days on Market:: 290
Last Refresh:: Jun 27 at 1:06 pm

Property Features for 4314 Mackville Road

General Information

Property type: Commercial Sale
Property subtype: Other
Rooms: Basement
Basement: Exterior Entry, Partially Finished, Walk-Out Access
Standard status: Active
APN: 028.00001.00
Size: 6,933 SF
Lot size: 5.60 Acres

Utilities

Utilities: Water Available
Sewer type: Septic Tank
Heating system: Forced Air, Ceiling
Cooling system: Central Air

Building Details

Year built: 1930
Floors in Building: 1
Building materials: Vinyl Siding
Roof type: Metal

We can help!

Contact an agent

Tamara Hurst

Listing agent Tamara Hurst License #272958

Listing office SimpliHOM 401 W Main St Ste 204, Lexington, KY

Listing date Sep 11, 2025

MLS# 25501193

HighLights

Former school building on 5.6 acres, built in 1930, currently at roughed‑in renovation stage for apartments.
Planned minimum 5 apartments with 10 bath/kitchen areas; unfinished/blank‑canvas setup for conversion.
Pro forma NOI of $57,438 (gross rental income $103,995, ~7% cap rate per appraisal).
Main building square footage listed as 6,933 SF (also referenced as 7,000 SF), not including two external structures.
Includes two additional buildings: former classroom and large garage (also referenced as “barn/shop” and “cafeteria or classroom”).
Utilities/features: water available, septic tank, central air, forced air heating, metal roof, vinyl siding.

Overview

Located in Harrodsburg, Kentucky, this 6,933 square foot property, formerly a school, is undergoing renovation for multiple apartments, with 10 bathrooms and kitchens planned. Situated on 5.6 acres in a rural setting, the property offers development potential. The property includes two additional buildings: a former classroom and a large garage, providing extra space for workshops, storage, or community activities. The location provides access to local amenities. The property is currently at the roughed-in renovation stage, offering a blank canvas for redevelopment. Potential uses include multiplex housing or townhomes. The property could be converted into a vibrant hub for community gatherings, events, or recreational activities, or transformed into a learning environment that caters to local educational needs, or a place for artists and creators to collaborate and showcase their work. The grounds are suitable for fostering a sense of connection among residents. The pro forma NOI is $57,438, with a gross rental income of $103,995, representing a 7%+- cap rate.

Property Profile Location Intelligence

Current Use by Public Records

Schools

Map

City: Harrodsburg
County: Mercer
State: Kentucky
Longitude: -84.920583
Latitude: 37.749557

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For sale
Schools
KY
Harrodsburg
40330
4314 Mackville Road

What type of property is this?

School - Former schoolhouse on 5.6 acres undergoing apartment renovation.

Where is this school located?

The property is located at 4314 Mackville Road Harrodsburg, KY.

What is the asking price?

The asking price for this property is $562,500.

What are key features of this property?

This property features: Former school building on 5.6 acres, built in 1930, currently at roughed‑in renovation stage for apartments.; Planned minimum 5 apartments with 10 bath/kitchen areas; unfinished/blank‑canvas setup for conversion.; Pro forma NOI of $57,438 (gross rental income $103,995, ~7% cap rate per appraisal).

4314 Mackville Road, Harrodsburg, KY 40330

COMMERCIAL - Harrodsburg, KY

Property Features for 4314 Mackville Road

General Information

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Map

Nearby Similar for Sale

Former Butcher Shop with Refrigeration

Harrodsburg Commercial Property For Sale

Turn-Key Commercial Building in Harrodsburg

Harrodsburg Multifamily Investment Opportunity

Fenced Corner Commercial Lot

Versatile Office Space with Income Potential

Turn-Key Restaurant Opportunity

Turn-Key Restaurant Opportunity

Harrodsburg Duplex Investment Opportunity

Two-Unit Duplex Investment Property

Triplex with Mixed Unit Types

Waterfront Recreation Land Retreat

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