Current Use by Public Records
- Commercial real estate
Property Details for 457/461 Court St
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents two distinct leasable spaces within a single building located at 457/461 Court Street in Wickliffe, Kentucky. The property boasts a total of 3,000 square feet and benefits from a prime location adjacent to a public park, ensuring high foot traffic. The building's strategic position also enjoys significant vehicular traffic, with over 4,766 vehicles passing daily. The left side of the building currently houses a fully operational restaurant, featuring a substantial kitchen, a dining room or multipurpose area exceeding 900 square feet, and ample back storage. This established business provides immediate income potential for the investor. The right side offers approximately 700 square feet of versatile space, ideal for a variety of businesses such as a bakery, ice cream parlor, or salon. This flexible space presents a significant opportunity to increase rental income and diversify the property's revenue streams. The property is priced at $90,000 and represents a compelling investment opportunity in a vibrant and accessible location. The combination of existing income generation and the potential for additional rental income makes this a highly attractive proposition for savvy investors seeking a strong return on their investment. The property is situated on a lot with no acreage.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wickliffe
- County
- Ballard
- State
- Kentucky
- Longitude
- -88.7637
- Latitude
- 37.0723
