74 Enterprise Ln Olive Hill, KY 41164
- Commercial real estate
- 3,168 SF
- 1.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 74 Enterprise Ln
- Year built
- 2000
- Lot size
- 1.00 lot acres
- Property size
- 3,168 SF
- Property type
- Commercial real estate
Description
This turnkey auto repair business in Olive Hill, KY, presents a unique investment opportunity. Located at 74 Enterprise Ln, this established business boasts 3,168 square feet of space, including five service bays equipped with three car lifts and a spacious parts room. A climate-controlled office ensures customer comfort. The property also includes a 1,472 sq ft (32x46) outbuilding with 200-amp electric service and 14-foot ceilings, perfect for motorhome or boat storage, and an attached 20x40 storage shed for lawn equipment. The main building features energy-efficient LED lighting and is heated. All first-class equipment is included, with a detailed inventory available upon request. The business benefits from a strong reputation built over two decades, attracting a steady stream of customers and referrals from other local shops. Two full-time employees are in place, providing immediate operational support. The seller is offering 3-4 months of transition assistance. The property sits on a one-acre lot and includes three buildings, all constructed in 2000. The business generates a Net Operating Income (NOI) of $150,000, making it an attractive investment opportunity. Asking price is $525,000.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Olive Hill
- County
- Carter
- State
- Kentucky
- Longitude
- -83.2548
- Latitude
- 38.2593
