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    Turn-Key Corner Retail/Restaurant Building Title is generated by Realmo AI

    1933 Petersburg Road, Hebron, KY 41048

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    Claim this Listing
    Pending
    $545,000

    COMMERCIAL - Hebron, KY

    Type:Retail
    Property size:
    3,468 SF
    Lot size:
    0.25 Acres
    Added:
    Feb 18, 2026
    Days on Market:
    132
    Last Refresh:
    Jun 30 at 12:06 am

    Property Features for 1933 Petersburg Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Pending
    APN
    047.00-12-020.00
    Size
    3,468 SF
    Lot size
    0.25 Acres

    Building Details

    Year built
    1940

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    Contact an agent
    Julie G Thompson

    Listing agent Julie G Thompson

    Listing office Epique Realty 217 W Spring St, Louisville, KY

    Listing date Feb 18, 2026

    MLS# 26002919

    Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Turn‑key former bar/restaurant with all fixtures, furniture, and equipment (FF&E) included.
    • Prime corner lot location on Petersburg Road (KY‑20) with excellent visibility and strong traffic exposure.
    • Flexible C‑2/SC (Small Community Overlay) zoning supports a variety of commercial uses.
    • Functional space of approximately 3,493 - 3,648 SF in a single‑story building.
    • Convenient on‑site parking available.
    • Located in a well‑traveled corridor linking local neighborhoods and nearby commercial nodes.

    Overview

    This single-story, single-tenant retail/restaurant building sits on a corner lot and was originally designed and operated as a bar/restaurant. The offering includes the existing fixtures, furniture, and equipment, creating a turn-key option for an owner-user or buyer looking to continue operating as a restaurant or bar. The property is documented as built in 1940 and totals approximately 3,493 to 3,648 square feet of functional interior space.

    The site provides substantial frontage on Petersburg Road (KY-20) with corner exposure, offering visibility along a well-traveled corridor in Hebron, Boone County. On-site parking is available, supporting convenient customer access for dining and retail-oriented concepts.

    Zoned C-2 with a Small Community Overlay (C-2/SC), the property supports a range of commercial uses, including restaurant/bar and other retail sales or service business activity. Office and adaptive reuse may be possible subject to local zoning approval, making the building a practical fit for operators seeking a versatile, ready-to-occupy commercial structure with included equipment.

    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 $62.4k $18.00
    − Vacancy −$2.6k −$0.76
    EGI $59.8k $17.24
    − OpEx −$17.9k −$5.17
    NOI $41.9k $12.07
    3,468 SF · lease $18.00/SF/yr · vacancy 4.20% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $598.0K
    $523.3K – $697.7K (±1% cap)
    NOI $41,862 @ 7.0% cap · market cap 7.68%
    Second Best
    Specialty Retail
    $589.5K
    $515.8K – $687.7K (±1% cap)
    NOI $41,264 @ 7.0% cap · market cap 7.57%
    Theoretical Best
    Office A
    $956.0K
    $836.5K – $1.12M (±1% cap)
    NOI $66,919 @ 7.0% cap · market cap 12.28%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bars & Pubs

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Hebron
    County
    Boone
    State
    Kentucky
    Longitude
    -84.70055
    Latitude
    39.065795

    FAQs

    What type of property is this?
    Bar & Pub - Single-tenant corner building with included FF&E and on-site parking for restaurant, retail, or service use.
    Where is this bar & pub located?
    The property is located at 1933 Petersburg Road Hebron, KY.
    What is the asking price?
    The asking price for this property is $545,000.
    What are key features of this property?
    This property features: Turn‑key former bar/restaurant with all fixtures, furniture, and equipment (FF&E) included.; **Prime corner lot location on Petersburg Road (KY‑20) with excellent visibility and strong traffic exposure.**; Flexible C‑2/SC (Small Community Overlay) zoning supports a variety of commercial uses.
    More about this property
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