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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

107 Main St Campbellsville, KY 42718

13,360 SF Built 1940
Property ID
Property summary
AI-generated overview

This exceptional 13,360 square foot mixed-use building, constructed in 1940, is situated at 107 E Main Street in historic downtown Campbellsville, Kentucky (zip code 42718). The property features a two-story structure with a permitted commercial zoning designation. Currently, the building houses two tenants generating a combined monthly rent of $1,700, occupying the rear portion of the building. A significant opportunity exists with a vacant 2,000 square foot storefront space on Main Street, offering potential rental income of $1,500 to $2,000 per month. This space is easily divisible into two separate rental units, given its two existing entrances. The unfinished second floor presents substantial development potential, encompassing two large front spaces ideal for businesses or event venues, and a rear area suitable for conversion into three residential condominiums. The building also includes a garage and three bathrooms. This property represents a unique investment opportunity in a vibrant downtown location, offering a blend of existing income and significant upside potential through lease-up and redevelopment of the vacant and unfinished spaces. The building's historic character and prime location provide a strong foundation for future growth and profitability.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1940
Total area 13,360 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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