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Vacant Land for Mixed-Use Build
For Sale
$175,000

5201 S Main St, Eminence, KY 40019

Vacant lot in a central district with nearby city parking, suitable for a new mixed-use development design.

Property SizeContact for details
Days on Market137

Property Features for 5201 S Main St

General Information

Standard status Active
Property subtype Commercial

Amenities

Lot Size Acres: 0.17
Percentage of Tax that is Deductable: 0
Sale, Sale Type: Foreclosure
Property Zone Type: 200
Listing Agency: LMR Realtors
Listed By: Mark Atteberry · License #214489
Source: Doyle-realty
Added: Apr 9 Changed: Aug 23 Last Checked: Aug 22 at 4:48AM

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 LMR Realtors

Investment Insights

Based on property information with market context.

This is a vacant commercial land parcel at 5201 S Main St in Eminence, KY 40019, offered for new construction. The prior structure included approximately 5,600+ square feet above grade and an additional approximately 5,600 square feet walk-out basement, before being destroyed by fire. The site is positioned to support a planned rebuild and a new layout tailored to the intended tenant or owner requirements.

The property is described as being in the heart of the district next to City Hall, with nearby parking options including a city parking lot behind the property offering 7 spaces on Depot Avenue, plus on-street parking on Main Street. The remarks also note the parcel is situated between Shelbyville, Lagrange, and Campbellsburg.

For buyers, developers, and owner-operators, this site is best suited for a new-build concept where design flexibility matters, including potential multi-revenue layouts such as retail and residential components. The existing demolition history and the central access and parking support a practical approach for planning site use around customer-facing needs and daily accessibility, subject to applicable approvals and permitting.

Key Highlights

  • Vacant lot in a central district next to City Hall, with nearby city parking and on‑street parking.
  • Possible mixed‑use design concept: drive‑thru lower level on the Bell Ave side, retail on the main level, residential on the top level.
  • City parking lot behind the property with 7 spaces on Depot Avenue, plus on‑street parking on Main Street.

Property Analytics

Current Use

Johnson & Company Flooring Carpet & Flooring Store

Suggested Use

Top Pick Building Supply Real Estate Agency Dental Office Big Box & Wholesale Store Law Firm HVAC Service

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

228
Businesses Nearby

Demographics for 40019, KY

3,921
Population
1,709
Households
2.3
Avg Household Size
39
Median Age
17%
College-Educated
87%
High-School Grad
38.8 sq mi
ZIP Area
101
Density / Sq Mi
$60,815
Median Household Income
$36,097
Median Earnings
$794
Median Rent
$202,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Vacant lot in a central district with nearby city parking, suitable for a new mixed-use development design.
Where is this commercial land located?
The property is located at 5201 S Main St Eminence, KY.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Vacant lot in a central district next to City Hall, with nearby city parking and on‑street parking.; Possible mixed‑use design concept: drive‑thru lower level on the Bell Ave side, retail on the main level, residential on the top level.; City parking lot behind the property with 7 spaces on Depot Avenue, plus on‑street parking on Main Street.
More about this property
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