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    470 Tucker Dr Maysville, KY 41056

    View on Map
    Sponsored
    For Sale
    $995,000

    COMMERCIAL - Maysville, KY

    Property size:
    13,600 SF
    Lot size:
    1.11 Acres
    Days on Market:
    0
    Last Refresh:
    Mar 14 at 11:06 pm

    Property Features for 470 Tucker Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    050-00-00-007.12
    Parking features
    Parking Lot
    Exterior features
    Lighting
    Size
    13,600 SF
    Lot size
    1.11 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Natural Gas, Forced Air
    Cooling system
    Central Air, Exhaust Fan (Cooling)
    Water source
    Public

    Building Details

    Year built
    1998
    Floors in Building
    1
    Flooring type
    Concrete, Tile, Carpet
    Building materials
    Brick, Concrete
    Roof type
    Metal

    We can help!

    Listing Contact
    Kathleen Bell

    Howard Hanna Real Estate Services (606) 756-2500

    Listing agent Kathleen Bell (606) 756-2500 License #195821

    Listing date Mar 15, 2026

    MLS# 640601

    Copyright © 2026 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.

    Learn more

    Property Insight Report

    Overview

    Maysville Commercial Opportunity For Sale

    This commercial property in Maysville, Kentucky, offers 13,600 square feet of space on approximately 1.1 acres. Previously operated as a successful restaurant and bar, the property includes a fully equipped commercial kitchen, a custom oak bar, custom cabinetry, and furnishings such as tables and chairs. A spacious outdoor patio area features a large wood smoker. Approximately 6,400 square feet was used as a restaurant and bar area, while the remaining 7,200 square feet is currently leased to an established hair salon, providing potential income. The salon space was previously a Kawasaki shop, demonstrating the property's adaptability for various commercial uses. This property could suit a restaurant, bar/lounge, wedding or event venue, retail showroom, or multi-tenant investment. Ample parking is available for customers and guests. The location is approximately one hour from Cincinnati/Northern Kentucky and about one hour and fifteen minutes from Lexington, offering regional accessibility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars & Pubs

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Similar Places Nearby

    Tater's Tavern, Starbucks

    Location Insight

    • Map
    • Local Demand
    City
    Maysville
    County
    Mason
    State
    Kentucky
    Longitude
    -83.829558
    Latitude
    38.624266

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      Maysville Mixed-Use Commercial Property

      Versatile 13,600 sq ft building, 1.1-acre lot.
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    FAQs

    What type of property is this?
    Bar & Pub - Versatile commercial property with restaurant, bar, and salon spaces.
    Where is this bar & pub located?
    The property is located at 470 Tucker Dr Maysville, KY.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: - Fully equipped commercial kitchen and custom oak bar from previous restaurant/bar operation.; - Existing lease to established hair salon provides potential income.; - Adaptable 13,600 sq. ft. space suitable for restaurant, bar/lounge, event venue, retail, or multi-tenant use.
    (606) 217-3004
    Request Owner's contact information
    470 Tucker Dr Maysville, KY 41056
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    Maysville, KY 41056
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    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
    470 Tucker Dr Maysville, KY 41056
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    We can help!
    Listing Contact
    Kathleen Bell
    Real Estate License ID: 195821
    (606) 217-3004 (606) 756-2500
    Learn more
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