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Drive-Through Retail Building

1401 Adams Street Bowling Green, KY 42101

1401 Adams Street, Bowling Green, KY, 42101
$435,000
For Sale
$435,000

Retail building with a drive-through, currently operating as a liquor store near Western Kentucky University.

Property Size1,500 SF
Price / SF$290
Days on Market345

Property Features for 1401 Adams Street

General Information

Standard status
Active
Size
1,500 SF
Property subtype
General Commercial

Building Details

Year Built
1970
Listing agency Keller Williams First Choice R
Listed by Tony Huynh · License #74305
Source Xome
Added: Aug 12, 2025 Updated: Jul 22 at 6:12AM Checked: Jul 22 at 6:12AM

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 Keller Williams First Choice R


Investment Insights

Based on property information with market context.

This commercial building features a convenient drive-through and is currently operating as a liquor store. The business is available for an additional $125,000 plus inventory, offering the option to purchase the real estate along with the ongoing operation.

The property is located directly across the street from Western Kentucky University, with visibility and high foot traffic called out as key advantages for retail, restaurant, or service use.

For buyers seeking a storefront presence with drive-through convenience, this building presents a straightforward package in an active area of Bowling Green.

Key Highlights

  • 1,500 SF commercial building currently operating as a liquor store
  • Drive‑through included for convenient customer access
  • Directly across the street from Western Kentucky University

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $24.7k $16.44
− Vacancy −$1.1k −$0.74
EGI $23.6k $15.70
− OpEx −$7.1k −$4.71
NOI $16.5k $10.99
1,500 SF · lease $16.44/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$235.5K
$206.1K – $274.8K (±1% cap)
NOI $16,485 @ 7.0% cap · market cap 3.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$331.3K
$289.9K – $386.5K (±1% cap)
NOI $23,190 @ 7.0% cap · market cap 5.33%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

University Liquors (Bike/Boat/Book/etc) Store Barbería Mayra Barber Shop

Suggested Use

Garden Center Electrical Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Catering Service (Bike/Boat/Book/etc) Store Veterinary Clinic Storage Facility (Bike/Boat/Book/etc) Store Butcher

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

FAQs

What type of property is this?
Retail space - Retail building with a drive-through, currently operating as a liquor store near Western Kentucky University.
Where is this retail space located?
The property is located at 1401 Adams Street Bowling Green, KY.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: 1,500 SF commercial building currently operating as a liquor store; Drive‑through included for convenient customer access; Directly across the street from Western Kentucky University
Contact an agent
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