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Property profile & analytics
OFF-MARKET
Commercial real estate

107 Main St Campbellsville, KY 42718

0.2 ac lot Built 1940
Property ID
Property summary
AI-generated overview

This exceptional 13,360 square foot historic commercial building in Campbellsville, KY, presents a lucrative investment opportunity. Situated on a 0.2-acre lot at 107 E Main Street, the property currently generates $1,700 in monthly rent from two established tenants occupying the rear of the building. A significant opportunity exists to increase revenue through the lease of the vacant 2,000 square foot space on the ground floor facing Main Street. This area is ideally suited for a single tenant or could easily be subdivided into two separate rental units, given its two existing entrances. A simple interior wall would facilitate this division. Further enhancing the property's appeal is a convenient garage. Upstairs, the unfinished second floor offers substantial potential. Two large, bright front spaces with high ceilings are perfect for a variety of businesses or event venues. The rear portion of the second floor is adaptable and could be developed into three separate condo units. The building includes three bathrooms. With its prime location, substantial square footage, and versatile layout, this property offers endless possibilities for growth and development, making it an attractive investment for both seasoned and aspiring commercial property owners. The asking price is $425,000.

Property profile
Verified
Property type Commercial real estate
Year built 1940
Lot 0.2 ac (8,712 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
Current use
Occupant on record · Public records
  • Paint & Party Creative Studio Theater & Performing Art Venue
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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