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    40 2Nd St Maysville, KY 41056

    Sponsored
    For Sale
    $399,000

    Distressed Retail Property, 8,000+ sq ft

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional distressed retail property, located at 40 W 2nd St in Maysville, Kentucky, presents a unique investment opportunity. The asking price is $399,000. The property consists of a three-story building totaling approximately 8,000 square feet, offering significant potential for various commercial uses. Its prime location in the heart of Maysville's downtown business district ensures high visibility and accessibility. The property is classified as a storefront retail space and includes two buildings within the sale. The sale condition is listed as distressed, presenting a potentially advantageous acquisition for a savvy investor. The property's size and central location make it suitable for a wide range of businesses, from retail shops and restaurants to offices or mixed-use developments. The zip code is 41056, and the property is situated in Mason County. Further details regarding the specific layout and internal features of the buildings are available upon request. This is a rare chance to acquire a substantial commercial property in a desirable Kentucky location.

    Property Features for 40 2Nd St

    General Information

    Property type
    Individual retail properties

    Building Details

    Buildings
    1
    Stories
    3

    HighLights

    • Distressed retail property at 40 W 2nd St, Maysville, KY 41056, asking $399,000.
    • Approximately 8,000 square feet in a three‑story building.
    • Prime downtown Maysville location offering high visibility and accessibility.
    • Two buildings included; suitable for various commercial uses.
    • Located in Mason County, KY.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    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
    Maysville
    County
    Mason
    State
    Kentucky
    Longitude
    -83.7658734
    Latitude
    38.648353

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    FAQs

    What type of property is this?
    Individual retail property - Distressed Retail Property, 8,000+ sq ft
    Where is this individual retail property located?
    The property is located at 40 2Nd St Maysville, KY.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: Distressed retail property at 40 W 2nd St, Maysville, KY 41056, asking $399,000.; Approximately 8,000 square feet in a three-story building.; Prime downtown Maysville location offering high visibility and accessibility.
    Request Owner's contact information
    40 2Nd St Maysville, KY 41056
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    Maysville, KY 41056
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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
    40 2Nd St Maysville, KY 41056
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