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    314 Main St Hazel, KY 42049

    For Sale
    $139,000

    High-return Hazel restaurant investment.

    Property size:
    6,300 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    Prime commercial investment opportunity in historic Hazel, KY. This 6,300 square foot building, located at 314/316 Main Street, is currently operating as a leased restaurant. The property boasts ample space, including multiple seating areas, a fully equipped commercial kitchen, and two bathrooms. Additional storage is available upstairs. The current tenant is under lease, providing immediate rental income. This presents a strong investment opportunity for buyers seeking a turnkey operation in a vibrant community. The building's size and layout offer flexibility for a variety of commercial uses beyond its current configuration. The asking price is $139,000. Commercial restaurant equipment is available for separate purchase and will convey with the property (a detailed list of included equipment is available upon request). The property sits on a 0-acre lot, offering convenient access and minimal land maintenance. This is an exceptional chance to acquire a profitable, established business in a desirable location. Don't miss this chance to own a piece of Hazel's rich history and thriving commercial landscape. Contact us today to schedule a showing and explore the potential of this remarkable investment.

    Property Features for 314 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    6,300 SF
    Location Intelligence

    Current Use by Public Records

    Los Algodones Grill Mexican Restaurant

    Suggested Use

    Restaurant Law Firm Building Supply Hair Salon Auto Repair Shop Clothing Store Food Market Grocery Store Convenience Store Furniture Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Hazel
    County
    Calloway
    State
    Kentucky
    Longitude
    -88.32619
    Latitude
    36.50295

    Nearby Comparable

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    • $99,000

      Hazel, KY Corner Lot Opportunity

      2.45 acre corner lot with utilities in Hazel, KY.
      505 5Th St, Hazel, KY 42049
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    • $190,500
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      Hazel, KY Farmland Opportunity

      17.5 acre parcel suitable for farming or investment.
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    Nearby Similar for Sale

    • $46,500

      Hazel, KY Commercial Antique District

      Commercial building in Hazel's antique district, suitable for various businesses.
      301 Main St, Hazel, KY 42049
      View Details
    • $139,000

      Hazel, KY Commercial Restaurant Space

      Over 6000 sq ft restaurant in Hazel's antique district.
      314 Main St, Hazel, KY 42029
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - High-return Hazel restaurant investment.
    Where is this commercial real estate located?
    The property is located at 314 Main St Hazel, KY.
    What is the asking price?
    The asking price for this property is $139,000.
    (270) 753-4870
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    314 Main St Hazel, KY 42049
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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
    314 Main St Hazel, KY 42049
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