Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    120 N Elm St Henderson, KY 42420

    For Sale
    $995,000

    Turnkey venue with development potential in Henderson's vibrant downtown.

    Property size:
    18,726 SF
    Lot size:
    0.38 Acres

    Property Features for 120 N Elm St

    General Information

    Size
    18,726 SF
    Lot size
    0.38 Acres

    Source: F.C. Tucker Commercial Agent Kristin Dannheiser

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

    Overview

    Iconic Venue with Development Potential

    This property features a turnkey live music venue and event center on the ground floor, complete with a full bar, professional stage, and sound system. It benefits from an active liquor license and established events. The second floor offers an expansive space ready for development, suitable for additional retail, office, or creative uses. The third floor houses a large luxury loft apartment with modern amenities and historic charm, ideal for owner occupancy or premium rental income. The property is located in Henderson's vibrant downtown and presents unlimited development potential for a new owner.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Henderson Hemp Company Herbalist Leaf & Eye LLC Plant Nursery The Black Dahlia Metaphysical Supply Store The Elm Event Venue

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Similar Places Nearby

    Elks Lodge #206, Antler Specialty Goods, On Deck Bar And Grill

    Location Insight

    • Map
    • Local Demand
    City
    Henderson
    County
    Henderson
    State
    Kentucky
    Longitude
    -87.5902952
    Latitude
    37.8393936

    Nearby Similar for Sale

    • $123,456
      20.42 Acres

      Unique Farm/Estate with Fruit Trees

      20.42-acre farm with fruit trees, pond, and multiple buildings.
      15475 Middle Delaware Rd, Henderson, KY 42420
      View Details
    • New
      $675,000
      4,400 SF

      Adaptable Commercial Property in Henderson

      Versatile commercial property with accessibility features and ample parking.
      1651 S Green St, Henderson, KY 42420
      View Details
    • $175,000

      Henderson KY Triplex For Sale

      Triplex near downtown Henderson with updated units and expansion potential.
      738 1St St, Henderson, KY 42420
      View Details
    • $425,000
      Pending

      Henderson KY 5-Plex Investment Opportunity

      5-unit multifamily property with strong upside potential in Henderson, KY.
      328 N Adams St, Henderson, KY 42420
      View Details
    • $102,400
      Pending

      Income Producing Duplex Opportunity

      Duplex in Henderson, KY, offering income potential.
      1137 Clay St, Henderson, KY 42420
      View Details
    • $2,028,883
      2,925 SF

      KFC NNN Investment Property

      NNN KFC property in Henderson, KY with corporate guarantee.
      2236 Us Highway 41 N, Henderson, KY 42420
      View Details

    FAQs

    What type of property is this?
    Bar - Turnkey venue with development potential in Henderson's vibrant downtown.
    Where is this bar located?
    The property is located at 120 N Elm St Henderson, KY.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: - Turnkey live music venue and event center with full bar, professional stage, and sound system.; - Henderson's largest luxury loft apartment with modern amenities and historic charm.; - Unlimited development potential for retail, office, or creative uses on the second floor.
    (812) 455-0001
    Request Owner's contact information
    120 N Elm St Henderson, KY 42420
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    120 N Elm St
    Henderson, KY 42420
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    120 N Elm St Henderson, KY 42420
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.