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    102 Main St Owenton, KY 40359

    For Sale
    $220,000

    Multi-unit building, prime location, strong rental income.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional investment opportunity is situated in the heart of historic Owenton, Kentucky, at 102 N Main Unit 102. The property presents a compelling mix of commercial and residential potential, offering significant rental income streams. The building's layout currently accommodates three separate units: two office spaces and one retail shop, all currently occupied. This provides immediate cash flow for the new owner. The building's configuration also includes a potential living area upstairs, adding to its versatility and income-generating capabilities. The exact square footage is not currently available, however, the building's central location within Owenton ensures high visibility and accessibility for tenants. This makes it an ideal investment for those seeking a diversified portfolio with both commercial and residential components. The property sits on a 0-acre lot, minimizing land maintenance requirements. The asking price of $220,000 represents a strong value proposition given the existing rental income and the potential for future appreciation in this thriving Kentucky town. This is a rare opportunity to acquire a well-positioned, income-producing property in a desirable location. Serious inquiries are encouraged.

    Property Features for 102 Main St

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1936
    Property Profile Location Intelligence

    Current Use by Public Records

    Backwards Saddle Boutique ... Boutique Sugar Babes Creamery ... Restaurant

    Suggested Use

    Restaurant Nail Salon Convenience Store Italian Restaurant Shoe Repair

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

    Location Insight

    • Map
    • Local Demand
    City
    Owenton
    County
    Owen
    State
    Kentucky
    Longitude
    -84.83631
    Latitude
    38.53595

    Nearby Comparable

    • $179,900
      Pending

      Owenton Commercial Investment Opportunity

      Commercial building in Owenton with rental income potential.
      102 N Main St, Owenton, KY 40359
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    • $299,900
      2.14 Acres

      Owenton Land in Opportunity Zone

      2.14 acre commercial land tract in Owenton, Kentucky.
      325 S Main St, Owenton, KY 40359
      View Details
    • $200,000
      0.27 Acres

      205 Kelly Court

      Multifamily properties • 0.27 Acres
      205 Kelly Ct, Owenton, KY 40359
      View Details
    • $299,900
      2.14 Acres

      Owenton Land: Prime Development Site

      2.14 Acres, Opportunity Zone, High Visibility
      325 Main St, Owenton, KY 40359
      View Details

    Nearby Similar for Sale

    • $179,900
      Pending

      Owenton Commercial Investment Opportunity

      Commercial building in Owenton with rental income potential.
      102 N Main St, Owenton, KY 40359
      View Details
    • $350,000
      2,304 SF

      Income-Producing Tri-Plex on 7 Acres

      Tri-plex on 7 acres near Owenton, Kentucky. Income potential.
      100 Jackie Ln, Owenton, KY 40359
      View Details
    • $639,900
      1,340 SF

      50-Acre Farm with Equestrian Features

      Farm with mixed hay, pasture, barns, arena, and two homes.
      905 Jonesville Rd, Owenton, KY 40359
      View Details
    • $299,900
      2.14 Acres

      Owenton Land: Prime Development Site

      2.14 Acres, Opportunity Zone, High Visibility
      325 Main St, Owenton, KY 40359
      View Details
    • $200,000
      0.27 Acres

      205 Kelly Court

      Multifamily properties • 0.27 Acres
      205 Kelly Ct, Owenton, KY 40359
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Multi-unit building, prime location, strong rental income.
    Where is this commercial real estate located?
    The property is located at 102 Main St Owenton, KY.
    What is the asking price?
    The asking price for this property is $220,000.
    (502) 515-0009
    Request Owner's contact information
    102 Main St Owenton, KY 40359
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    Owenton, KY 40359
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    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
    102 Main St Owenton, KY 40359
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