Building Details

Buildings 1

Listing Agency: Huff Realty - CC c***@huff.com Show Phone

Listed By: Carridith Empero Show Phone

Source: Exprealty

Added: Jun 3 Changed: Aug 20 Last Checked: Aug 21 at 11:40AM

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Investment Insights

Based on property information with market context.

This mixed-use property includes a retail area and two rental apartments. One apartment is on the first floor with zero-step entry, while the second is located upstairs. The building is being sold as is, and the property lies within a flood zone.

Situated in historic downtown Falmouth, the property offers a combination of commercial and residential space within the same building. The two apartments provide established rental components, with prior rents of $500 per month per unit.

Key Highlights

• Retail space plus 2 rental apartments
• First‑floor apartment has zero‑step entry
• Second apartment is located upstairs

Property Analytics

Property Profile

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Dental Office (Bike/Boat/Book/etc) Store Building Supply Bakery HVAC Service

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

2

Residential units

Location Intelligence

Trade Area within ½ mile

247

Businesses Nearby

3k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

BP Shops & Services

2,595 visits/mo 0.2 miles

Napa Auto Parts Shops & Services

320 visits/mo 0.4 miles

Demographics for 41040, KY

7,403

Population

3,385

Households

2.2

Avg Household Size

41

Median Age

13%

College-Educated

80%

High-School Grad

149.4 sq mi

ZIP Area

50

Density / Sq Mi

$51,511

Median Household Income

$39,525

Median Earnings

$862

Median Rent

$142,900

Median Home Value

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

Questions? Ask Rey

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What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Retail space combines with two residential units in a historic downtown setting.

Where is this mixed-use property located?

The property is located at 117 W Shelby St Falmouth, KY.

What is the asking price?

The asking price for this property is $70,000.

What are key features of this property?

This property features: Retail space plus 2 rental apartments; First‑floor apartment has zero‑step entry; Second apartment is located upstairs