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Mixed-Use Property with Apartment
New
For Sale
$399,000

1108 E Main St, Cumberland, KY 40823

Retail operations, on-site living space, loading access, and additional rear land create a flexible commercial configuration.

Property Size1,845 SF
Price / SF$216.26
Days on Market2

Property Features for 1108 E Main St

General Information

Standard status Active
Size 1,845 SF
Property subtype Commercial

Financials

Asking Price $399,000
Business Included Yes

Units

Unit Mix 1 x 3BR/1BA
Multifamily Units 1

Amenities

walk-in cooler
additional coolers
restroom
rear overhead-door access
off-street parking

Building Details

Year Built 1970
Year Renovated 2021
Listing Agency: RE/MAX Creative Realty
Listed By: Lake Cumberland Real Estate Professional
Source: Lakecumberlandky
Added: Sep 21 Last Checked: Sep 21 at 5:06AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Creative Realty

Investment Insights

Based on property information with market context.

This 1,845-square-foot mixed-use property combines an operating liquor store with an upper-level residence. The retail portion includes a sales floor, two stockrooms, a walk-in cooler, additional coolers, a restroom, and a rear overhead door for loading and deliveries. The sale includes the real estate and operating business, while inventory is purchased separately based on the amount on hand at closing.

The second floor contains a three-bedroom, one-bath apartment remodeled in 2021. It can serve as an on-site residence or provide a separate residential component. The property also includes off-street parking and an additional rear lot. Built in 1970, the building is located at 1108 E Main St in Cumberland, KY.

Key Highlights

  • Operating liquor store and real estate included in the sale
  • 1,845 SF mixed‑use building with retail and residential components
  • Upper‑level 3‑bedroom, 1‑bath apartment remodeled in 2021

Property Analytics

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Current Use

Shelbys Liquor (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Building Supply Hair Salon (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

199
Businesses Nearby
32k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 56% Groceries 23% Dining 21%
Food City Groceries
7,358 visits/mo 0.2 miles
Hardee's Dining
6,594 visits/mo 0.4 miles
Dollar General Shops & Services
4,868 visits/mo 0.4 miles
Speedway Shops & Services
4,400 visits/mo 0.3 miles
Dollar Tree Shops & Services
3,960 visits/mo 0.5 miles

Demographics for 40823, KY

3,529
Population
1,727
Households
2
Avg Household Size
43
Median Age
13%
College-Educated
79%
High-School Grad
48.4 sq mi
ZIP Area
73
Density / Sq Mi
$35,704
Median Household Income
$35,086
Median Earnings
$637
Median Rent
$75,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Retail operations, on-site living space, loading access, and additional rear land create a flexible commercial configuration.
Where is this mixed-use property located?
The property is located at 1108 E Main St Cumberland, KY.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Operating liquor store and real estate included in the sale; 1,845 SF mixed‑use building with retail and residential components; Upper‑level 3‑bedroom, 1‑bath apartment remodeled in 2021
More about this property
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