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    1002 Broadway St Georgetown, KY 40324

    Sponsored
    For Lease
    $19 SF/Yr

    Prime KY Retail Space Available

    Lot size:
    60,018 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional retail property, Washington Square, located at 1002 S Broadway St, Georgetown, KY 40324, offers two available spaces totaling 10,400 square feet. The center, built in 1974 and renovated in 2000, comprises three buildings encompassing 60,018 square feet on a 6.544-acre lot. One space measures 2,400 square feet, previously occupied by Keller Williams, while the other is 8,000 square feet, formerly housing NAPA Auto Parts. Washington Square boasts a strong tenant mix including Goodyear, Goodwill, Georgetown Community Hospital, La Antigua Mexican Restaurant, and Bargain Hunt, demonstrating its established presence within the thriving Georgetown community. Its strategic location along South Broadway (US Route 25/Lexington Road) provides high visibility and accessibility, with over 16,000 vehicles passing daily. The property benefits from a signalized entrance and convenient access to I-75 and I-64, ensuring excellent traffic flow and customer reach. The property is zoned B-2, making it suitable for a variety of retail uses. This well-established shopping center presents a compelling investment opportunity in a rapidly growing market. The property's size, location, and existing tenant base make it an attractive option for businesses seeking a strong foothold in the Georgetown area.

    Property Features for 1002 Broadway St

    General Information

    Property type
    Community centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    60,018 SF
    Total Rate
    95028.5

    Building Details

    Year Built/Renovated
    1974/2000
    Buildings
    3

    Unit(s) available at that property

    Space
    Washington Square Space 1
    Size
    2,400 SF
    Rate per SF
    $19
    Space
    Washington Square Space 2
    Size
    8,000 SF
    Rate per SF
    $19

    HighLights

    • Two available retail spaces totaling 10,400 SF; one 2,400 SF (former office), one 8,000 SF (former NAPA Auto Parts).
    • High‑visibility location on US Route 25/Lexington Road (S. Broadway), Georgetown, KY, with over 16,000 vehicles daily.
    • Strong tenant mix including Goodwill, Bargain Hunt, and Georgetown Community Hospital.
    • Ample parking.
    • B‑2 zoning allows for diverse retail uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Magic Vapor Shop ... Vaporizer Store Dane Farrar: Allstate ... Insurance Agency Georgetown Tire / Good ... Tire Shop Eagle Finance Loan Agency The Barron Group - Keller ... Real Estate Consultant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Georgetown
    County
    Scott
    State
    Kentucky
    Longitude
    -84.5607093
    Latitude
    38.1908581

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    FAQs

    What type of property is this?
    Community center - Prime KY Retail Space Available
    Where is this community center located?
    The property is located at 1002 Broadway St Georgetown, KY.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: Two available retail spaces totaling 10,400 SF; one 2,400 SF (former office), one 8,000 SF (former NAPA Auto Parts).; High-visibility location on US Route 25/Lexington Road (S. Broadway), Georgetown, KY, with over 16,000 vehicles daily.; Strong tenant mix including Goodwill, Bargain Hunt, and Georgetown Community Hospital.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1002 Broadway St Georgetown, KY 40324
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