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Mixed-Use Building with Restaurant
For Sale
$2,500,000

637 S 2nd Street, Central City, KY 42330

Commercial Sale, Central City, KY

Property Size2,160 SF
Lot Size0.97 Acres
Price / SF$1,157
Days on Market50

Property Features for 637 S 2nd Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning C
Zoning description commerical
Parking 30
Parking features Covered, Open
Directions A few hundred off of the I-69/Western Kentucky Parkway exit (#58) at Central City Kentucky which connects to US-431 / KY-70 (Drakesbor & Central City).
Subdivision 100 - Muhlenberg County
Standard status Active
APN 142-03-01-012.000
Size 2,160 SF
Lot size 0.97 Acres

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Natural Gas
Cooling system Central Air

Building Details

Year built 2009
Floors in Building 1
Building materials Steel Frame, Block, Concrete, Glass
Roof type Rubber, Flat
Listing Agency: Property Investment Solutions
Listed By: Tim Beck · License #192255
Added: Jul 24 Changed: Sep 8 Last Checked: Sep 11 at 2:06PM
MLS# 26020004

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 2,160-square-foot mixed-use building, completed in 2009, combines a restaurant area with a convenience-store component. The restaurant is subject to a ten-year triple-net lease producing a 6.5% cap rate, while the convenience-store area includes most of its equipment and is ready for occupancy. Steel-frame, block, concrete, and glass construction is complemented by a flat rubber roof, natural-gas heat, central air, covered and open parking, water availability, and public sewer.

The property occupies 0.971 acres at 637 S 2nd Street in Central City, Kentucky. It is located a few hundred feet from the I-69/Western Kentucky Parkway exit 58, with connections to US-431 and KY-70. C zoning applies to the property.

Key Highlights

  • 2,160‑square‑foot mixed‑use building on 0.971 acres
  • Restaurant area leased on a ten‑year triple‑net term
  • 6.5% cap rate associated with the restaurant lease

Property Analytics

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Current Use

Ever Trust Insurance ... Insurance Agency Arby's Restaurant bp Gas Station Southern Boom Fireworks Discount Store

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Skin Care Clinic Storage Facility Auto Parts Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

201
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Restaurant and convenience-store uses share a commercially configured building with available equipment and an existing lease structure.
Where is this mixed-use property located?
The property is located at 637 S 2nd Street 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 mixed‑use building on 0.971 acres; Restaurant area leased on a ten‑year triple‑net term; 6.5% cap rate associated with the restaurant lease
More about this property
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