Convenience Store with
For Sale
$2,500,000
637 S 2nd St, Central City, KY 42330
Combined retail and restaurant property with equipment in place and a ten-year triple-net lease on the restaurant portion.
Property Size2,160 SF
Price / SF$1,157
Days on Market28
Property Features for 637 S 2nd St
General Information
Standard status
Active
Size
2,160 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Buildings
1
Listing Agency:
Property Investment Solutions
(270) 293-8738
Listed By:
Tim Beck · License #192255
Source:
Exprealty
Added: Jul 24
Changed: Aug 17
Last Checked: Aug 19 at 11:17AM
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 Property Investment Solutions
Investment Insights
Based on property information with market context.
This 2,160-square-foot commercial property combines a convenience store with a restaurant component. The convenience store includes the majority of its equipment and is ready for occupancy, while the restaurant portion is subject to a ten-year triple-net lease producing a 6.5% cap rate.
The property is located at 637 S 2nd St in Central City, Kentucky, a few hundred feet from Exit 58 on I-69/Western Kentucky Parkway. That interchange connects with US-431 and KY-70, providing access toward Drakesboro and Central City.
The property is located at 637 S 2nd St in Central City, Kentucky, a few hundred feet from Exit 58 on I-69/Western Kentucky Parkway. That interchange connects with US-431 and KY-70, providing access toward Drakesboro and Central City.
Key Highlights
- 2,160‑square‑foot property with convenience store and restaurant components
- Restaurant portion carries a ten‑year triple‑net lease
- 6.5% cap rate from the restaurant lease
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
149
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 42330, KY
9,501
Population
4,017
Households
2.4
Avg Household Size
40
Median Age
8%
College-Educated
80%
High-School Grad
104.0 sq mi
ZIP Area
91
Density / Sq Mi
$47,904
Median Household Income
$35,773
Median Earnings
$756
Median Rent
$140,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Combined retail and restaurant property with equipment in place and a ten-year triple-net lease on the restaurant portion.
Where is this grocery and convenience store located?
The property is located at 637 S 2nd St Central City, KY.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 2,160‑square‑foot property with convenience store and restaurant components; Restaurant portion carries a ten‑year triple‑net lease; 6.5% cap rate from the restaurant lease
