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Mixed-Use Property with Apartment
New
For Sale
$299,000

51 Spur St Hwy 194, Freeburn, KY 41528

COMMERCIAL - Freeburn, KY

Property Size8,805 SF
Lot Size2.08 Acres
Price / SF$33.96
Days on Market3

Property Features for 51 Spur St Hwy 194

General Information

Property type Commercial Sale
Property subtype Other
High school Phelps
Directions From us 23/119 intersection at Walmart travel north on 119 until you see the Kimper exit. Follow 194 until you reach the Freeburn area. Property is on the main road before crossing the river into WV. Signs posted.
Subdivision Pike
Standard status Active
Size 8,805 SF
Lot size 2.08 Acres
Listing Agency: AAA Real Estate Services
Listed By: Lisa Robinson · License #242159
Added: Aug 9 Last Checked: Aug 11 at 7:06PM
MLS# 129097

Copyright © 2026 Eastern Kentucky Association of Realtors. 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 property includes an 8,805-square-foot building on 2.08 acres. The structure was previously operated as a grocery and convenience store, and an upstairs apartment provides an additional component that could be leased separately.

The property is located at 51 Spur St Hwy 194 in Freeburn, Kentucky, along St Hwy 194. Its existing commercial building and apartment configuration support a combination of business and residential use, subject to applicable approvals and operating requirements.

Key Highlights

  • 8,805‑square‑foot building
  • 2.08‑acre property
  • Previously used as a grocery and convenience store

Property Analytics

Current Use

Grocery and convenience stores

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

Demographics for 41528, KY

566
Population
139
Households
4.1
Avg Household Size
43
Median Age
7%
College-Educated
75%
High-School Grad
5.5 sq mi
ZIP Area
103
Density / Sq Mi
$31,411
Median Earnings
$71,600
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Former grocery-convenience building includes an upstairs apartment with potential for separate leasing.
Where is this mixed-use property located?
The property is located at 51 Spur St Hwy 194 Freeburn, KY.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 8,805‑square‑foot building; 2.08‑acre property; Previously used as a grocery and convenience store
More about this property
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