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Mixed-Use Corner Building

3364 Main Street Stamping Ground, KY 40379

3364 Main Street, Stamping Ground, KY, 40379
$284,000
For Sale
$284,000

COMMERCIAL - Stamping Ground, KY

Property Size2,725 SF
Lot Size0.12 Acres
Price / SF$104.22
Days on Market112

Property Features for 3364 Main Street

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
038-00-110.000
Size
2,725 SF
Lot size
0.12 Acres

Utilities

Heating system
Heat Pump (Heating)
Cooling system
Heat Pump

Building Details

Floors in Building
2
Listing Agency Keller Williams Commonwealth
1908 Bryant Rd Suite 250, Lexington, KY
Listed by Janet C Wigginton · License #220760
Added: Mar 30 Checked: Jul 19 at 3:06 pm
MLS# 26006476

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.

This mixed-use corner building offers flexible live-work and business configurations. The main level features gleaming hardwoods, shelving in the front room, and large windows that bring in natural light for a storefront or office setting. Interior space includes a large kitchen, bathrooms, a dining area, and office space.

The property is zoned B3 and is set up with a commercial front portion facing Main Street, while a portion of the main level can be utilized for residential use. Upstairs has a separate entry and currently includes unfinished space intended to be converted into two residential units (apartments) that can be leased separately.

For tenants, buyers, or owner-operators, the layout supports a variety of end uses, including operating a business with the option to live on-site. The unfinished upper area adds additional flexibility depending on whether the space is completed as apartments or used for storage. With both levels designed for independent access, the building can also accommodate multi-use occupancy under the B3 zoning framework. Schedule a showing to review the current condition and conversion plans.

Key Highlights

  • Corner building in Stamping Ground, KY with large Main Street‑facing windows—suited for storefront or business space
  • Zoned B3: portion of main level usable for residential, with front portion designated for commercial/business
  • Main level features hardwood floors, shelving in front room, and a layout with large kitchen, bathrooms, dining area, and offices

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 $39.2k $14.40
− Vacancy −$2.2k −$0.81
EGI $37.0k $13.59
− OpEx −$11.1k −$4.08
NOI $25.9k $9.52
2,725 SF · lease $14.40/SF/yr · vacancy 5.60% · expense 30.00%

Alternative Uses

Best Use
Office B
$547.4K
$479.0K – $638.6K (±1% cap)
NOI $38,318 @ 7.0% cap · market cap 13.49%
Second Best
Mixed Use
$376.1K
$329.1K – $438.7K (±1% cap)
NOI $26,324 @ 7.0% cap · market cap 9.27%
Theoretical Best
Office A
$690.6K
$604.3K – $805.7K (±1% cap)
NOI $48,344 @ 7.0% cap · market cap 17.02%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Live-work space

Suggested Use

Building Supply Auto Parts Store Garden Center Kitchen & Bath Showroom Nail Salon Auto Repair Shop Home Appliance Store (Bike/Boat/Book/etc) Store Bakery Spa & Massage Center

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

FAQs

What type of property is this?
Live-work space - Main Street storefront-ready space with large windows and a separate-entry upper area for future residential or storage use.
Where is this live-work space located?
The property is located at 3364 Main Street Stamping Ground, KY.
What is the asking price?
The asking price for this property is $284,000.
What are key features of this property?
This property features: Corner building in Stamping Ground, KY with large Main Street‑facing windows—suited for storefront or business space; Zoned B3: portion of main level usable for residential, with front portion designated for commercial/business; Main level features hardwood floors, shelving in front room, and a layout with large kitchen, bathrooms, dining area, and offices
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More about this property
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