8430 Dixie Hwy Williamstown, KY 41097
This exceptional mixed-use property, located at 8430 Dixie Hwy in Williamstown, Kentucky, presents a unique investment opportunity. The 13,000 square foot building sits on a 1.6-acre lot and offers a versatile layout suitable for a variety of commercial uses, including convenience store, manufacturing, or warehouse operations. Built in 1944, the property is zoned commercial and features one loading dock and ample parking for 20 vehicles. The asking price is $280,000, translating to $21.54 per square foot. The property's history includes the removal of gas tanks in 2023, eliminating potential environmental concerns. An added benefit is a six-room apartment located upstairs, offering potential rental income or owner-occupied living space. The property's location in Grant County, Kentucky, provides convenient access to major transportation routes. With its substantial size and diverse potential uses, this property is ideal for an owner-user seeking a significant footprint in a thriving Kentucky market. The property's APN is 049-00-00-044.01 and the zip code is 41097. This is a rare opportunity to acquire a substantial commercial property with significant upside potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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