2791 Burlington Pike Burlington, KY 41005
This exceptional mixed-use property, located at 2791 Burlington Pike in Boone County, Kentucky, presents a unique investment opportunity. The offering encompasses approximately five acres of land, including a substantial 2,200 square foot building currently zoned Commercial 2. The main structure features a four-bedroom, two-bathroom house with a finished lower level boasting a second full kitchen and multiple office spaces. A convenient walkout from the lower level adds to its versatility. The property also includes a 0.6-acre lot where the house is situated. The asking price for the entire five-acre parcel is $675,000, translating to a price per square foot of $306.82 for the existing building. The property is currently generating rental income, adding to its investment appeal. This location in Burlington, KY, zip code 41005, offers excellent access to major transportation routes and a thriving local community. The combination of residential and commercial zoning potential makes this a highly adaptable property suitable for a variety of uses. This is a rare opportunity to acquire a substantial mixed-use property in a desirable Kentucky location. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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