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Mixed-Use Income Property
For Sale
$575,000

28 Broadway Street, Dry Ridge, KY 41035

Five-unit property with residential and commercial components, including a historical house and multiple units on a paved lot.

Property Size7,300 SF
Lot Size0.75 Acres
Price / SF$78.77
Days on Market463

Property Features for 28 Broadway Street

General Information

Standard status Active
Size 7,300 SF
Total Parking Spaces 30
Lot size 0.75 Acres
Property subtype Multi Family / Multi Family

Additional Details

Business Included Yes
Highway Access Yes
Multifamily Units 2

Amenities

Central Air
Forced Air, Heat Pump
No
Dryer, Refrigerator, Washer, Electric Range
Yes
Vinyl Frames
Entrance Foyer, Laminate Counters
Smoke Detector(s)
Shingle
Partial, Chain Link
Covered, Porch

Building Details

Year Built 1905
Buildings 5
Listing Agency: Wells Real Estate
Listed By: Judy Wells · License #195778
Source: Compass
Added: May 4, 2025 Changed: Aug 8 Last Checked: Aug 9 at 12:50PM

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 Wells Real Estate

Investment Insights

Based on property information with market context.

This income-producing mixed-use property includes five total units: three commercial units and two residential units, comprising approximately 7,300 square feet. The offering features a 1905 historical house and four additional units built in 1987. The two residential units have been newly renovated.

The property sits on a city lot totaling over three-quarters of an acre and includes a paved lot with 30+ designated parking spaces. It has a 16-foot road sign on a high-traffic main street, and it is described as about one-quarter mile from the I-75 Dry Ridge exit.

Viewings are by appointment only.

Key Highlights

  • 5‑unit income‑producing property with 3 commercial and 2 residential units (7,300 sq ft total)
  • 1905 historical house plus additional 4 units built in 1987 on a 3/4‑acre city lot
  • Both residential units have been newly renovated and include smoke detector(s), central air, and forced‑air/heat pump heating

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Electrical Service Plumbing Service Locksmith Storage Facility Bakery Kitchen & Bath Showroom

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
Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

343
Businesses Nearby

Demographics for 41035, KY

11,087
Population
4,552
Households
2.4
Avg Household Size
38
Median Age
12%
College-Educated
87%
High-School Grad
102.2 sq mi
ZIP Area
108
Density / Sq Mi
$68,336
Median Household Income
$46,056
Median Earnings
$864
Median Rent
$185,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - Five-unit property with residential and commercial components, including a historical house and multiple units on a paved lot.
Where is this short term rental property located?
The property is located at 28 Broadway Street Dry Ridge, KY.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 5‑unit income‑producing property with 3 commercial and 2 residential units (7,300 sq ft total); 1905 historical house plus additional 4 units built in 1987 on a 3/4‑acre city lot; Both residential units have been newly renovated and include smoke detector(s), central air, and forced‑air/heat pump heating
More about this property
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