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    10070 Highway 44 Mount Washington, KY 40047

    Sponsored
    For Sale
    $2,900,000

    Kentucky Retail Investment Opportunity

    Property size:
    30,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 30,500 square foot shopping center in Mount Washington, Kentucky, presents a compelling investment opportunity. Located at 10070 Hwy 44 E, this single-story, 1980-built property sits on a 4.21-acre lot and features 156 parking spaces. Currently 66% occupied with a mix of month-to-month and year-to-year leases, the property offers significant upside potential for a buyer-occupied strategy. The asking price is $2,900,000 ($95.08/sq ft). The property includes three units, a modified lease type, and a recessed well dock connected to a 19,000 square foot space. Current tenants include Camelot Piano Services and Dis N Dat Thrift Store. A pylon sign in the parking area provides excellent advertising potential. The property's convenient location is just 9.3 miles from Interstate 65 and 26.2 miles from Louisville, KY. The property's APN is 077-WSW-17-003 and is zoned for commercial use. The remaining lease term on the current tenants is one year. This property offers a strong foundation for future growth and profitability. Ample parking is available for both semi-trucks and cars.

    Property Features for 10070 Highway 44

    General Information

    Property type
    Lifestyle centers
    Square Feet
    30,500 SF
    Lot Size
    183,388 SF

    Building Details

    Year Built
    1980
    Buildings
    1
    Stories
    1
    Units
    3

    HighLights

    • $2,900,000 asking price for this 30,500 square foot retail shopping center.
    • Modified lease terms with a one‑year remaining lease term.
    • Multi‑tenant property with 66% occupancy and three units.
    • Located on a 4.21‑acre lot with 156 parking spaces.
    • Built in 1980, this single‑story building is commercially zoned.
    • Property address: 10070 Hwy 44 E, Mount Washington, KY 40047 (APN: 077‑WSW‑17‑003).
    Property Profile Location Intelligence

    Current Use by Public Records

    Camelot Piano Services Piano Tuning Service

    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
    Mount Washington
    County
    Bullitt
    State
    Kentucky
    Longitude
    -85.54941303
    Latitude
    38.04257711

    Nearby Comparable

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      Mount Washington Retail Opportunity

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    Nearby Similar for Sale

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      New Retail Space in Mt. Washington

      New construction retail space for lease in Mount Washington.
      11184 Kentucky 44, Mt Washington, KY 40047
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    • $2,900,000
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      Mount Washington Retail Opportunity

      Retail property with ample parking and pylon signage available.
      10070 Highway 44 E, Mount Washington, KY 40047
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    • $695,000
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      Mt Washington Multi-Purpose Building

      Multi-purpose building in Mt Washington with excellent visibility.
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      High Point Court Retail Property

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    FAQs

    What type of property is this?
    Lifestyle center - Kentucky Retail Investment Opportunity
    Where is this lifestyle center located?
    The property is located at 10070 Highway 44 Mount Washington, KY.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: $2,900,000 asking price for this 30,500 square foot retail shopping center.; Modified lease terms with a one-year remaining lease term.; Multi-tenant property with 66% occupancy and three units.
    Request Owner's contact information
    10070 Highway 44 Mount Washington, KY 40047
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    Mount Washington, KY 40047
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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
    10070 Highway 44 Mount Washington, KY 40047
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