102 Main St Owenton, KY 40359
- Commercial real estate
Current Use by Public Records
- Backwards Saddle Boutique LLC / Boutique
- Sugar Babes Creamery LLC / Restaurant / Ice Cream Shop
Property Details for 102 Main St
- Year built
- 1936
- Property type
- Commercial real estate
Description
This exceptional investment opportunity is situated in the heart of historic Owenton, Kentucky, at 102 N Main Unit 102. The property presents a compelling mix of commercial and residential potential, offering significant rental income streams. The building's layout currently accommodates three separate units: two office spaces and one retail shop, all currently occupied. This provides immediate cash flow for the new owner. The building's configuration also includes a potential living area upstairs, adding to its versatility and income-generating capabilities. The exact square footage is not currently available, however, the building's central location within Owenton ensures high visibility and accessibility for tenants. This makes it an ideal investment for those seeking a diversified portfolio with both commercial and residential components. The property sits on a 0-acre lot, minimizing land maintenance requirements. The asking price of $220,000 represents a strong value proposition given the existing rental income and the potential for future appreciation in this thriving Kentucky town. This is a rare opportunity to acquire a well-positioned, income-producing property in a desirable location. Serious inquiries are encouraged.
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
- Owenton
- County
- Owen
- State
- Kentucky
- Longitude
- -84.8363
- Latitude
- 38.5359