105 Pine St Pineville, KY 40977
- Commercial real estate
- 5,500 SF
- 0.15 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 105 Pine St
- Lot size
- 0.15 lot acres
- Property size
- 5,500 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity encompasses two prime commercial buildings situated in the heart of Pineville, KY, directly across from the historic courthouse on Pine Street. The property boasts a combined total of 5,500 square feet situated on a 0.15-acre lot. One building is currently occupied by Sauced, a thriving business, and includes a spacious 1600 square foot apartment above, featuring three bedrooms and two bathrooms. This provides a significant income stream and potential for future expansion or rental income. The second building houses Old Bootlegger's liquor store, another successful established business, with four additional apartments above. These apartments consist of one one-bedroom unit and three two-bedroom units, offering further rental income potential. The strategic location in the downtown area ensures high visibility and foot traffic, making this a compelling investment for discerning buyers seeking a diversified portfolio with established tenants. The property's strong rental income potential, coupled with the established businesses, presents a rare opportunity to acquire a significant piece of Pineville's commercial landscape. The buildings are well-maintained and ready for immediate income generation. This is a turnkey investment ready for a new owner to step in and continue the success of the existing businesses. The combined square footage and multiple income streams make this a highly attractive proposition for investors seeking a stable and profitable return. The property's prime location and established businesses offer a unique opportunity for long-term growth and appreciation.
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
- Pineville
- County
- Bell
- State
- Kentucky
- Longitude
- -83.6936
- Latitude
- 36.7637