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Storefront Property with Rental Income
For Sale
$430,000

21-27 Cedar Creek Dr, Owingsville, KY 40360

Commercially zoned property with a vacant former Dollar General space, existing rental income, and on-site parking.

Property Size11,855 SF
Lot Size1.50 Acres
Price / SF$36.27
Days on Market621

Property Features for 21-27 Cedar Creek Dr

General Information

Standard status Active
Size 11,855 SF
Lot size 1.50 Acres
Property subtype Retail
Zoning Commerical

Building Details

Year Built 1998
Listing Agency: White Oak Commercial Real Estate, LLC
Listed By: Gordy Hoagland · License #KY 269283
Source: Kcrea.resimplifi
Added: Dec 17, 2024 Changed: Aug 28 Last Checked: Aug 29 at 5:51AM

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 White Oak Commercial Real Estate, LLC

Investment Insights

Based on property information with market context.

This storefront property includes existing rental income and more than 8,000 square feet of vacant space. The vacant area was formerly occupied by Dollar General, creating a substantial retail configuration within the building. Constructed in 1998, the property sits on 1.5 acres and includes on-site parking.

The property is in Owingsville, Kentucky, near I-64 and within the area identified for the listing as the community’s busiest commercial area. Commercial zoning supports its retail-oriented positioning, while the combination of occupied income-producing space and a large vacant section provides distinct operating components within one property.

Key Highlights

  • More than 8,000 square feet of vacant space
  • Former Dollar General location
  • Existing rental income

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Parking Lot & Garage Auto Repair Shop Garden Center Big Box & Wholesale Store Butcher Computer & Electronic Repair

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

96
Businesses Nearby
44k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 56% Shops & Services 44%
McDonald's Dining
16,992 visits/mo 0.1 miles
Exxon Shops & Services
6,528 visits/mo 0.1 miles
Valero Energy Shops & Services
6,342 visits/mo 0.1 miles
Taco Bell Dining
6,266 visits/mo 0.1 miles
Family Dollar Shops & Services
3,915 visits/mo 0.0 miles

Demographics for 40360, KY

7,644
Population
3,255
Households
2.3
Avg Household Size
39
Median Age
16%
College-Educated
84%
High-School Grad
148.4 sq mi
ZIP Area
52
Density / Sq Mi
$48,898
Median Household Income
$35,810
Median Earnings
$586
Median Rent
$108,500
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Commercially zoned property with a vacant former Dollar General space, existing rental income, and on-site parking.
Where is this storefront property located?
The property is located at 21-27 Cedar Creek Dr Owingsville, KY.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: More than 8,000 square feet of vacant space; Former Dollar General location; Existing rental income
More about this property
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