114 Russell St Elkhorn City, KY 41522
This exceptional freestanding commercial property, located at 114 W Russell St in Elkhorn City, Kentucky, presents a unique investment opportunity. The 2,400 square foot building sits on a half-acre lot and boasts 21 parking spaces, a significant advantage in this vibrant downtown location. Previously a bank, this Class C building offers high visibility with approximately 500 feet of street frontage. The property includes a drive-thru ATM, adding further potential for various uses. Ideal for a restaurant, retail business, or even a law office, this versatile space is ready for its next chapter. The asking price is $175,000, translating to $72.92 per square foot. Its proximity to Breaks Interstate Park provides excellent access to a wider customer base. The single-story building offers ample space and the significant parking makes it highly attractive to potential tenants or business owners. This is a rare opportunity to acquire a well-situated commercial property in a growing area of Pike County, Kentucky, with a zip code of 41522. The property's location and features make it an excellent investment for those seeking a strong return on investment in a desirable Kentucky location.
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U.S. Bank Branch Bank Loan Service
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ATM (U.S. Bank) Atm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.