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Historic Downtown Mixed-Use Building
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112 Kentucky Ave, Pineville, KY 40977

Two-story mixed-use building in historic downtown Pineville.

Property SizeContact for details
Days on Market231

Property Features for 112 Kentucky Ave

General Information

Standard status Active
Class C
Property subtype Hospitality, Mixed Use, Multifamily, Retail
Zoning Commercial

Building Details

Buildings 1
Stories 2
Units 2
Listing Agency: RE/MAX Professionals
Listed By: Mike Hensley · License #0225270011
Source: Crexi
Added: Feb 7 Changed: Sep 9 Last Checked: Sep 26 at 7:11AM

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 Professionals

Investment Insights

Based on property information with market context.

Located on the courthouse square in historic downtown Pineville, this two-story mixed-use building offers an opportunity for an owner-user or investor. The lower level, formerly a restaurant and bar, is currently non-operating but is positioned to reopen with a new concept. The space offers flexibility, with two separate front entrances, making it suitable for a bar, restaurant, café, or other retail use. The upper level features a one-bedroom apartment, complete with appliances, providing additional income potential or a live/work setup. With its prime courthouse square location and historic downtown setting, this property offers visibility and the chance to revitalize a local space.

Key Highlights

  • Prime courthouse square location in historic downtown Pineville offering excellent visibility.
  • Two‑story mixed‑use building suitable for owner‑user or investor.
  • Former restaurant/bar space with reopening potential and flexible layout with two front entrances.

Property Analytics

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Current Use

Bars & Pubs

Suggested Use

Top Pick Parking Lot & Garage Building Supply Auto Parts Store Bakery Furniture & Home Goods (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

295
Businesses Nearby

Demographics for 40977, KY

8,196
Population
3,770
Households
2.2
Avg Household Size
43
Median Age
17%
College-Educated
80%
High-School Grad
133.7 sq mi
ZIP Area
61
Density / Sq Mi
$35,822
Median Household Income
$33,322
Median Earnings
$500
Median Rent
$83,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Two-story mixed-use building in historic downtown Pineville.
Where is this mixed-use property located?
The property is located at 112 Kentucky Ave Pineville, KY.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: Prime courthouse square location in historic downtown Pineville offering excellent visibility.; Two‑story mixed‑use building suitable for owner‑user or investor.; Former restaurant/bar space with reopening potential and flexible layout with two front entrances.
More about this property
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