Flex Storefront with Bay
3381 Main St Stamping Ground, KY 40379
3381 Main St, Stamping Ground, KY, 40379
$120,000
For Sale
$120,000
Flex storefront with office and garage area features a rear bay door, two restrooms, and open workspace layout.
Property Size1,411 SF
Price / SF$85.05
Days on Market21
Property Features for 3381 Main St
General Information
- Standard status
- Active
- Size
- 1,411 SF
Listing Agency
Keller Williams Commonwealth
(606) 748-1741
Listed by
Janet C Wigginton · License #220760
(606) 748-1741
Source
Exprealty
Added: Jul 1 Updated: Jul 20 at 3:01 am Checked: Jul 20 at 3:01 am
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 Commonwealth
Investment Insights
Based on property information with market context.
This flex storefront property includes office and garage/workshop space arranged with open areas at the front and work space toward the rear, separated by a minimal wall. The building has two restrooms. A rear bay door and a large lot create flexible options for a variety of custom uses.
The property is located on Main Street in Stamping Ground, Kentucky, and is described as having high visibility frontage. The building is attached to an additional business, but the space for this offering is completely separate.
The interior is currently wide open and ready for tenant or owner improvements. The property will require electrical, plumbing, and HVAC work, with pricing intended to reflect that condition. Previously used as a woodworking shop space, it can be adapted for a user’s specific needs.
The property is located on Main Street in Stamping Ground, Kentucky, and is described as having high visibility frontage. The building is attached to an additional business, but the space for this offering is completely separate.
The interior is currently wide open and ready for tenant or owner improvements. The property will require electrical, plumbing, and HVAC work, with pricing intended to reflect that condition. Previously used as a woodworking shop space, it can be adapted for a user’s specific needs.
Key Highlights
- High‑visibility Main Street storefront in Stamping Ground, KY
- Rear bay door on a large lot for flexible access and potential uses
- Open front workspace plus back work area layout with minimal wall separation
Local Financial Insights For Industrial
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 | $12.7k | $9.00 |
| − Vacancy | −$762 | −$0.54 |
| EGI | $11.9k | $8.46 |
| − OpEx | −$3.6k | −$2.54 |
| NOI | $8.4k | $5.92 |
1,411 SF · lease $9.00/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Office B
$283.4K
$248.0K – $330.7K
NOI $19,841 @ 7.0% cap · market cap 16.53%
Second Best
Retail
$191.8K
$167.8K – $223.8K
NOI $13,426 @ 7.0% cap · market cap 11.19%
Theoretical Best
Office A
$357.6K
$312.9K – $417.2K
NOI $25,032 @ 7.0% cap · market cap 20.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Flex storefront with office and garage area features a rear bay door, two restrooms, and open workspace layout.
Where is this flex space located?
The property is located at 3381 Main St Stamping Ground, KY.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: High‑visibility Main Street storefront in Stamping Ground, KY; Rear bay door on a large lot for flexible access and potential uses; Open front workspace plus back work area layout with minimal wall separation
