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Property profile

201-217 Main St Versailles, KY 40383

OFF-MARKET
Office Spaces
20,858 SF Built 2006
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Property summary

AI-generated overview

Thoroughbred Square, located at 201-217 N. Main St. in Versailles, KY 40383, offers a 1,240 square foot, Class A medical office suite available for lease. This suite, within a larger 20,858 square foot, two-story building, is part of a vibrant mixed-use development in the heart of the city's central business district. Built in 2006, the building features attractive architectural details including ornamental stone, wood siding, and a masonry brick veneer. The space includes a reception area with a waiting room, three private offices (one large enough to serve as a conference room and includes a kitchenette), a storage closet, and a private restroom. Previously used as a medical office, it's easily adaptable to various professional uses. Tenants benefit from ample on-site parking (55 spaces) plus additional street parking. The building also features an elevator. The property sits on a 1.85-acre lot and is zoned B-2A, allowing for a wide range of commercial and professional uses. The lease rate is $1,343.33 per month. Signage is available on the building's directory. This charming landmark building offers a unique opportunity to establish a presence in the thriving Versailles business community.

Property profile

Verified
Property type Office Spaces
Year built 2006
Total area 20,858 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

201-217 Main St Versailles, KY 40383
Versailles metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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