Mixed-Use Building with
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 Market95
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
Open, Covered
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
Flat, Rubber
Listing Agency:
Property Investment Solutions
Listed By:
Tim Beck
(270) 293-8738
Added: Jul 24
Changed: Oct 23
Last Checked: Oct 26 at 6:06PM
MLS# 26020004
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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.
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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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
201
Businesses Nearby
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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
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Market
Vacancy Rate% for Retail in South region
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
