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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

740 Hwy Whitley City, KY 42653

0.27 ac lot Built 1978
Property ID
Property summary
AI-generated overview

This exceptional business opportunity presents the chance to acquire Milton's Burger Hut, a well-known restaurant in Whitley City, Kentucky. Located at 740 North Hwy 27, this single-story building sits on a sizable 0.27-acre lot (11,761 square feet), offering ample space for operations and potential expansion. Built in 1978, the property is zoned for commercial use (APN: 120-10-02-001.00) and boasts a prime location with high daily traffic volume, making it ideal for continued restaurant operations or conversion to another commercial venture. Electricity is already connected, simplifying the transition for the new owner. Possession is granted at the close of escrow. The versatile layout and desirable location make this property an attractive investment, suitable for both established businesses seeking expansion and entrepreneurs looking to launch a new enterprise in a thriving market. This turnkey opportunity in McCreary County (zip code 42653) offers significant potential for growth and profitability. The property's adaptability allows for a wide range of commercial uses, ensuring a strong return on investment.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1978
Lot 0.27 ac (11,761 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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