Current Use by Public Records
- Paint & Party Creative Studio / Theater & Performing Art Venue
Property Details for 107 Main St
- Year built
- 1940
- Property type
- Retail properties & Spaces
- Property subtype
- Office Spaces
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Campbellsville
- County
- Taylor
- State
- Kentucky
- Longitude
- -85.3449
- Latitude
- 37.3409
