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    105 Pine St Pineville, KY 40977

    For Sale
    $1,250,000

    Two Buildings, High-Yield Potential, Prime Location

    Property size:
    5,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional investment opportunity presents two buildings totaling 5,500 square feet in Pineville, Kentucky's vibrant City Business District. Strategically located directly across from the historic courthouse on Pine Street, this mixed-use property offers significant income potential. One building houses Sauced, a thriving business, along with a spacious 1600 square foot, three-bedroom, two-bathroom apartment. The second building is occupied by Old Bootlegger's liquor store and features four additional apartments above: one one-bedroom unit and three two-bedroom units. The property consists of two buildings, each two stories high, situated on a lot identified by APN 075-20-18-011.00. This turnkey investment is ideal for a savvy investor seeking a strong return in a high-traffic, established commercial area. The property's prime location and successful tenant occupancy ensure a stable income stream. The zoning designation is City Business District, offering flexibility for future development or expansion. The asking price for this remarkable property is $1,250,000. This is a rare chance to acquire a multi-tenant property in a desirable Kentucky location.

    Property Features for 105 Pine St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    5,500 SF

    Building Details

    Buildings
    2
    Stories
    2

    HighLights

    • $1,250,000 asking price for a mixed‑use property.
    • 5,500 square feet across two, two‑story buildings.
    • Multi‑tenant property located in Pineville, KY's City Business District.
    • Located on Pine St, directly across from the courthouse.
    • Includes two established businesses: Sauced and Old Bootlegger's.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Pineville
    County
    Bell
    State
    Kentucky
    Longitude
    -83.69509464965
    Latitude
    36.761533402296

    Nearby Comparable

    • $480,000
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      Pizza Hut NNN Investment

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    • $495,000
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      Pineville Commercial Opportunity with STR

      Commercial space with vendor mall and active short-term rental.
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    • $1,250,000
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      Downtown Pineville Investment Opportunity

      Two Buildings, Multiple Businesses
      105 Pine St, Pineville, KY 40977
      View Details
    • $375,000
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      Established Business Opportunity in Gray, KY

      Business opportunity with buildings and garage on 5.22 acres.
      9681 Hwy N, Gray, KY 40734
      View Details

    Nearby Similar for Sale

    • $495,000
      5,943 SF

      Pineville Commercial Opportunity with STR

      Commercial space with vendor mall and active short-term rental.
      110 W Kentucky Ave, Pineville, KY 40977
      View Details
    • $480,000
      2,674 SF

      Pizza Hut NNN Investment

      Pizza Hut in Pineville, KY with long-term NNN lease.
      14455 Robert L Madon Byp, Pineville, KY
      View Details
    • $1,250,000
      5,500 SF

      Downtown Pineville Investment Opportunity

      Two Buildings, Multiple Businesses
      105 Pine St, Pineville, KY 40977
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Two Buildings, High-Yield Potential, Prime Location
    Where is this mixed-use property located?
    The property is located at 105 Pine St Pineville, KY.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: $1,250,000 asking price for a mixed-use property.; 5,500 square feet across two, two-story buildings.; Multi-tenant property located in Pineville, KY's City Business District.
    (606) 248-4932
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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
    105 Pine St Pineville, KY 40977
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