Listing Agency: NextHome Experience

Listed By: Vasilios Bill Michailidis · License #2020001062 Show Phone

Source: Crexi

Added: Mar 17 Changed: Oct 16 Last Checked: Oct 16 at 7:24AM

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Investment Insights

Based on property information with market context.

This is a rare opportunity to acquire a cornerstone grocery operation in a high-growth Kentucky market. The turnkey business boasts over $2,172,000 in annual gross sales and is situated on a 3.0-acre commercial lot along a primary regional transit corridor. The current operation is managed under a corporate-mandated pricing structure with a restricted 18.4% margin. By transitioning to a competitive independent store margin of 28.6%, a new owner is projected to generate an additional $221,000 in annual gross profit. The location serves as the primary destination for fresh perishables and custom-cut meats in the immediate trade area. The on-site butcher department generates over $451,000 annually (20.7% of total sales), serving as a primary regional foot-traffic driver. An owner-operator can immediately recapture $38,100 in annual management fees. The facility is eligible for Beer and Lottery licenses, which the current operator does not utilize. Infrastructure is ready for ATM, Bitcoin kiosks, and expanded financial service commissions. The immediate 1-mile trade area is experiencing a 30% population growth rate. The property has ample parking and stable occupancy costs of $3,000 per month rent. The building size is 8,902 square feet.

Key Highlights

• High‑volume business with $2.17M+ in annual gross sales
• Potential for 12‑month payback by increasing profit margin
• Strategic location on a primary state highway with high visibility

Property Analytics

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Current Use

Grocery and convenience stores

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Hair Salon Nail Salon Dental Office Arcade & Gaming Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

46

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 41773, KY

1,299

Population

555

Households

2.3

Avg Household Size

42

Median Age

11%

College-Educated

74%

High-School Grad

21.1 sq mi

ZIP Area

62

Density / Sq Mi

$43,352

Median Household Income

$26,500

Median Earnings

$473

Median Rent

$45,200

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Frequently Asked Questions

What type of property is this?

Grocery and convenience store - High-volume grocery business for sale in a high-growth Kentucky corridor.

Where is this grocery and convenience store located?

The property is located at 1 Main St Vicco, KY.

What is the asking price?

The asking price for this property is $589,986.

What are key features of this property?

This property features: High‑volume business with $2.17M+ in annual gross sales; Potential for 12‑month payback by increasing profit margin; Strategic location on a primary state highway with high visibility