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Three-Story Short-Term Rental Property
For Sale
$615,000

202 E Pike Street, Cynthiana, KY 41031

COMMERCIAL - Cynthiana, KY

Property Size16,524 SF
Lot Size0.12 Acres
Price / SF$37.22
Days on Market240

Property Features for 202 E Pike Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning B-1
Rooms Basement
Basement Interior Entry, Sump Pump, Walk-Up Access, Concrete, Full
Subdivision Downtown
Directions Located on the corner or Pike St and Walnut
Standard status Active
APN 103-1025-015-00-000
Size 16,524 SF
Lot size 0.12 Acres

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air, Electric, Multi Units

Building Details

Year built 1914
Floors in Building 3
Building materials Brick
Roof type Rubber, Membrane
Listing Agency: Oak & Acre
Listed By: Taylor Peoples
Added: Dec 9, 2025 Changed: Aug 5 Last Checked: Aug 6 at 7:06PM
MLS# 25507877

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.

Investment Insights

Based on property information with market context.

Three-story brick short-term rental property at 202 E Pike Street in downtown Cynthiana, built in 1914 and totaling 16,524 SF. The building includes a basement and features forced-air heating and electric central air cooling. The roof is listed as membrane/rubber, with public sewer available and cable available.

The property has undergone major capital improvements from 2020-2025, including a new roof, extensive masonry work, full window replacements, leak remediation, structural repairs, and professional cleaning of the upper floors. On-site upgrades and included materials are described as new bathrooms, cabinetry, a bare commercial kitchen space, upgraded electrical, a 3-ton commercial HVAC unit, a new water heater, and newly installed storefront windows on both Pike and Walnut Street. The upper floors are positioned for redevelopment uses.

The sale includes blueprints, proof of contracted work, vendor lists, and a washer/dryer in the basement. Selling the building only—kitchen equipment (including the 3 compartment sink, commercial hood, commercial refrigerators & freezers, including the walk-in freezer) does not convey with the property.

Key Highlights

  • 16,524 SF three‑story brick building built in 1914
  • B‑1 zoning with corner frontage and 2 legal addresses, each with separate entrances
  • Capital improvements completed from 2020‑2025: new roof, masonry work, window replacements, leak remediation and structural repairs

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Real Estate Agency HVAC Service Garden Center Kitchen & Bath Showroom Storage Facility 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.

Location Intelligence

Trade Area within ½ mile

558
Businesses Nearby

Demographics for 41031, KY

16,341
Population
7,050
Households
2.3
Avg Household Size
43
Median Age
22%
College-Educated
90%
High-School Grad
225.6 sq mi
ZIP Area
72
Density / Sq Mi
$62,052
Median Household Income
$38,155
Median Earnings
$765
Median Rent
$193,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Short term rental property - Three-story brick building on B-1 zoning with corner frontage, two legal addresses, and separate entrances.
Where is this short term rental property located?
The property is located at 202 E Pike Street Cynthiana, KY.
What is the asking price?
The asking price for this property is $615,000.
What are key features of this property?
This property features: 16,524 SF three‑story brick building built in 1914; B‑1 zoning with corner frontage and 2 legal addresses, each with separate entrances; Capital improvements completed from 2020‑2025: new roof, masonry work, window replacements, leak remediation and structural repairs
More about this property
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