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740 Richmond Ave Nicholasville, KY 40356

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For Sale
$1,250,000

Established Convenience Store, Owner Financing Available

Property Features for 740 Richmond Ave

General Information

Property type
Other commercial real estate
Lot Size
14,375 SF

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Listing Contact
Kevin Mangold

Listing Agency: Goshen Real Estate, LLC Listing Agent: Kevin Mangold

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional commercial property, located at 740 Richmond Avenue in Nicholasville, Kentucky, presents a lucrative investment opportunity. The 0.33-acre lot houses an established convenience store with a history spanning decades of operation. The property is offered at $1,250,000. Owner financing is available, requiring a 50% down payment, a 20-year amortization schedule with a 12% annual interest rate, and a balloon payment due at the end of the fifth year (60th month). The existing convenience store building is well-maintained, featuring fiberglass fuel tanks, a roof replaced within the last three years, and a recently repaved parking lot (completed last year). This turnkey operation offers immediate income potential and significant long-term growth prospects. The property's strategic location in Nicholasville ensures high visibility and convenient access for customers. Serious inquiries only. Please refrain from contacting store employees regarding this sale. All inquiries should be directed through the appropriate channels. This is a rare opportunity to acquire a well-established business with significant upside potential in a thriving Kentucky market. The combination of a proven business model and attractive owner financing makes this an exceptional investment opportunity.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

PIT STOP Gas Station RAADY DADDY Grocery & Convenience Store ATM (Prime Star) Atm C&R Machine Shop Industrial Manufacturer

Suggested Use

Real Estate Agency Big Box & Wholesale Store Auto Repair Shop Hair Salon Gym & Fitness Center Kitchen & Bath Showroom Accounting Firm Clothing & Fashion Store Barber Shop Arcade & Gaming Center

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

Location Insight

  • Map
  • Local Demand
City
Nicholasville
County
Jessamine
State
Kentucky
Longitude
-84.55235
Latitude
37.88287

FAQs

What type of property is this?
Commercial real estate - Established Convenience Store, Owner Financing Available
Where is this commercial real estate located?
The property is located at 740 Richmond Ave Nicholasville, KY.
What is the asking price?
The asking price for this property is $1,250,000.
More about this property
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