Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    60 Nichols Ave Marion, KY 42064

    For Sale
    $299,900

    Commercial - Marion, KY

    Days on Market:
    161
    Last Refresh:
    Dec 7 at 9:06 pm

    Property Features for 60 Nichols Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active

    Building Details

    Floors in Building
    1
    Roof type
    Shingle
    Architectural style
    Other

    Arnold Realty Group (618) 638-5682 [email protected]

    Listing agent Amanda Johnson (270) 558-1338 License #241959

    Listing date Jun 30, 2025

    MLS# 132455 Listing URL

    Copyright © 2025 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

    Versatile Property in Marion, KY

    Located in the heart of Marion, Kentucky, this 4,752 sq ft property presents an incredible opportunity. The building, which received a new roof in 2023, is handicap-accessible and offers exceptional versatility. Previously operated as an assisted living facility, the layout is suitable for conversion to multifamily housing, a large single-family home, a home office, community living, or a renewed care facility. The current floor plan includes a private bedroom/bath wing, additional en-suite rooms, a full kitchen, and expansive living and gathering areas. A covered side entrance with a wheelchair ramp and parking adds convenience. The property is situated in a prime in-town location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    New Haven Assisted ... Assisted Living Facility

    Suggested Use

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

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

    Similar Places Nearby

    New Haven Assisted Living

    Location Insight

    • Map
    • Local Demand
    City
    Marion
    County
    Crittenden
    State
    Kentucky
    Longitude
    -88.083527
    Latitude
    37.326559

    Nearby Similar for Sale

    • Contact for pricing
      2,925 SF

      Kentucky Farm Auction Opportunity

      588.44 acre farm property in Marion, Kentucky.
      000 Guggenheim Rd, Marion, KY 42064
      View Details
    • New
      $310,000
      5.10 Acres

      Country Home on Functional Acreage

      5.10+/- acre country home with shop building near Marion, KY.
      1131 A. T. Crider Rd, Marion, KY 42064
      View Details
    • $649,900
      13.42 Acres

      Kentucky Hobby Farm with Outbuildings

      Spacious 6-bedroom home on 13+ acres with multiple outbuildings.
      973 Sulphur Spg Cemetery Rd, Marion, KY 42064
      View Details
    • $199,900
      8.51 Acres

      Crittenden County Shop with Acreage

      8.51 acre property with shop, office, and utilities.
      300 Spar Mill Rd, Marion, KY 42064
      View Details
    • $625,000
      2,620 SF

      Commercial Building on Main Street

      Operating business for sale on a corner lot.
      433 s Main St, Marion, KY 42064
      View Details
    • $1,500,000
      2.70 Acres

      Royal Inn: Marion, KY Motel

      19-Key Motel, Prime Location
      225 Sturgis Rd, Marion, KY 42064
      View Details

    FAQs

    What type of property is this?
    Assisted living facility - Spacious, handicap-accessible property with potential for various uses.
    Where is this assisted living facility located?
    The property is located at 60 Nichols Ave Marion, KY.
    What is the asking price?
    The asking price for this property is $299,900.
    What are key features of this property?
    This property features: - Large 4,752 sq ft handicap-accessible property offers versatile use options.; - New roof installed in 2023.; - Ideal layout for conversion with private bedroom/bath wing and additional en-suite rooms.
    (270) 558-1338
    Request Owner's contact information
    60 Nichols Ave Marion, KY 42064
    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.
    60 Nichols Ave
    Marion, KY 42064
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    60 Nichols Ave Marion, KY 42064
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.