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    1116 Main St Jackson, KY 41339

    For Sale
    $385,000

    Prime location, two apartments, high traffic.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional commercial property at 1116 Main Street in Jackson, Kentucky presents a unique investment opportunity. The building sits on a 0.21-acre lot and offers a substantial amount of flexible commercial space on the ground floor, ideal for retail, office, or service-based businesses. Its Main Street location ensures high visibility and foot traffic, maximizing potential customer reach. Large windows throughout the ground floor provide ample natural light and excellent display opportunities for merchandise or business signage. Adding to its appeal, the property includes two upper-level apartments. These apartments offer significant potential for rental income, increasing the overall return on investment. The combination of commercial space and residential units makes this property a versatile and attractive option for entrepreneurs seeking a blend of business and living space, or for investors looking for a strong income-generating asset. The property is priced at $385,000 and offers a compelling opportunity to establish a thriving business in a desirable location. The square footage of the building is not currently specified.

    Property Features for 1116 Main St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    9,148 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Go-Hire Employment & Development Employment Agency

    Suggested Use

    Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Breathitt
    State
    Kentucky
    Longitude
    -83.38525
    Latitude
    37.55339

    Nearby Comparable

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      Main Street Commercial/Residential Opportunity

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      1116 Main St, Jackson, KY 41339
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    • $159,000
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    • $199,000
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      Jackson KY Commercial Gem

      High-traffic location, versatile space.
      323 Broadway St, Jackson, KY 41339
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    • $1,725,000
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      Walgreens NNN Investment Opportunity

      Corporate-signed Walgreens in Jackson, KY with a brand new 10-year lease.
      740 Highway 15, Jackson, KY 41339
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    • $1,656,000
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      Walgreens Net Lease Investment

      Kentucky Pharmacy - Absolute NNN
      740 Ky-15, Jackson, KY 41339
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    Nearby Similar for Sale

    • $220,000
      9,000 SF

      Main Street Commercial/Residential Opportunity

      Commercial building with two apartments on Main Street, Jackson, KY.
      1116 Main St, Jackson, KY 41339
      View Details
    • $159,000
      1,200 SF

      Prime Location Business Property

      High-traffic location near DMV with ample parking.
      323 Broadway St, Jackson, KY 41339
      View Details
    • $1,725,000
      2,537 SF

      Walgreens NNN Investment Opportunity

      Corporate-signed Walgreens in Jackson, KY with a brand new 10-year lease.
      740 Highway 15, Jackson, KY 41339
      View Details
    • $199,000
      0.18 Acres

      Jackson KY Commercial Gem

      High-traffic location, versatile space.
      323 Broadway St, Jackson, KY 41339
      View Details
    • $1,656,000
      2,500 SF

      Walgreens Net Lease Investment

      Kentucky Pharmacy - Absolute NNN
      740 Ky-15, Jackson, KY 41339
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Prime location, two apartments, high traffic.
    Where is this commercial real estate located?
    The property is located at 1116 Main St Jackson, KY.
    What is the asking price?
    The asking price for this property is $385,000.
    (859) 278-7501
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    1116 Main St Jackson, KY 41339
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    Jackson, KY 41339
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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
    1116 Main St Jackson, KY 41339
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