5981 Peoples Ln Burlington, KY 41005
- Retail properties
- 1,659 SF
- 0.33 lot acres
Current Use by Public Records
- Retail properties
Property Details for 5981 Peoples Ln
- Year built
- 1900
- Lot size
- 0.33 lot acres
- Property size
- 1,659 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional Class A retail property, located at 5981 Peoples Lane in Burlington, Kentucky, presents a unique investment opportunity. The 1,659 square foot building, situated on a 0.33-acre lot (APN: 038.00-14-001.00), is zoned C-2 and boasts a desirable location with high visibility and accessibility. Built in 1900, the two-story building features recent renovations, including two private office spaces, two private restrooms, and a kitchenette. The property also includes a monument sign and a two-lane drive-thru, ideal for a variety of retail or storefront businesses. With 19,360 cars passing daily on nearby Burlington Pike and surrounded by heavy residential areas, this property offers significant potential for growth and return on investment. The asking price is $325,000, translating to $195.90 per square foot. This is a turnkey opportunity to establish or expand a business in a thriving Kentucky community, close to the Cincinnati/Northern Kentucky International Airport. The property's features make it suitable for a bank or other retail businesses.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Burlington
- County
- Boone
- State
- Kentucky
- Longitude
- -84.7164
- Latitude
- 39.027
