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Mixed-Use Property with Storefront

127 N Court Street, Georgetown, KY 40324

For Sale
$1,200,000

Two buildings combine apartment residences, a retail space, laundry facilities, and private parking in Georgetown.

Property Size2,909 SF
Price / SF$412.51
Days on Market179

Property Features for 127 N Court Street

General Information

Standard status Active
Size 2,909 SF
Total Parking Spaces 10
Property subtype Multi Family Home
Zoning B-3

Units

Unit Mix 8 x 1BR
Multifamily Units 8

Additional Details

Mixed-Use Components residential, retail

Amenities

private parking lot
side yard
laundry facility

Building Details

Building Size 2,909 SF
Buildings 2
Stories 2
Units 10
Tenancy Multi
Listing Agency: Building The Bluegrass Realty
Listed By: Joseph Svec · License KY #240899
Source: Bluegrasspropertiesgroup
Added: May 15 Changed: Nov 7 Last Checked: Nov 9 at 2:29PM

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 Building The Bluegrass Realty

Rey
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Investment Insights

Based on property information with market context.

This mixed-use property comprises two buildings at 116 E Court Street and 127 N Court Street, with a combined property size of 2,909. The residential component includes eight one-bedroom units. The 127 N Court Street building also contains a storefront, a laundry facility, and one vacant unit suitable for commercial or residential use.

Both buildings have private parking lots and side yards. The property is zoned B-3 and is located in downtown Georgetown, Kentucky.

Key Highlights

  • Eight one‑bedroom units across two buildings
  • Storefront and laundry facility at 127 N Court Street
  • One vacant unit with commercial or residential use potential

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

The Hidden Trove (Bike/Boat/Book/etc) Store Kaizen Cleaning Hardware & Home Improvement

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Computer & Electronic Repair Storage Facility Locksmith Furniture & Home Goods

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

8
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

764
Businesses Nearby

Demographics for 40324, KY

51,035
Population
20,570
Households
2.5
Avg Household Size
35
Median Age
34%
College-Educated
94%
High-School Grad
155.1 sq mi
ZIP Area
329
Density / Sq Mi
$83,012
Median Household Income
$47,619
Median Earnings
$1,188
Median Rent
$262,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two buildings combine apartment residences, a retail space, laundry facilities, and private parking in Georgetown.
Where is this mixed-use property located?
The property is located at 127 N Court Street Georgetown, KY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Eight one‑bedroom units across two buildings; Storefront and laundry facility at 127 N Court Street; One vacant unit with commercial or residential use potential
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