5689 State Hwy McKee, KY 40447

Property Details for 5689 State Hwy

Year built

1979

Lot size

7.00 lot acres

Property size

3,744 SF

Property type

Commercial real estate

Description

This exceptional 7+ acre commercial property in McKee, KY presents a lucrative investment opportunity. The main structure, a 3,744 square foot barn built on a block and concrete foundation, houses a thriving storage business boasting 94% occupancy. The 52 individual storage units range in size from 8'x9' to 14'x30', catering to diverse storage needs. Three driveways provide convenient access to the barn, which also features three additional exterior storage bins. A separate 72'x84' red building offers further storage potential, currently housing a 14'x36' unit used for owner storage and capable of accommodating approximately five RV units. A substantial security system with eight cameras is included in the sale. The property also includes a two-bedroom, two-bathroom apartment attached to a spacious 36' x 60' garage. The apartment features double insulation in the ceilings and walls. Access is via a blacktop and gravel driveway. The seller requires a 30-day period to remove personal items from the larger buildings, with possession of the rental property available at closing. Note that some equipment is available for separate purchase. This property offers significant expansion potential, with ample space to add more storage units, apartments, or even residential housing. The property is priced at $749,000.

Location Insight

City

McKee

County

Jackson

State

Kentucky

Longitude

-83.974

Latitude

37.3612