457 Court St Wickliffe, KY 42087
This exceptional mixed-use property at 457/461 Court Street in Wickliffe, Kentucky, presents a compelling investment opportunity. Boasting a total of 3,000 square feet of net rentable space, this single-tenancy building is zoned for commercial use and offers two distinct leasable areas. The left side currently operates as a restaurant, featuring a substantial kitchen, a dining room or multipurpose area exceeding 900 square feet, and ample storage space. The right side comprises approximately 700 square feet of adaptable space, ideal for a variety of retail ventures such as a bakery, ice cream shop, or salon. The property benefits from a high-traffic location adjacent to a public park, enjoying significant pedestrian activity and exposure to a daily road traffic count of 4,766 vehicles. The asking price is $109,000, translating to a price per square foot of $36.33. This presents a rare chance to acquire a well-situated, versatile commercial property in a thriving Kentucky community. The property's dual-space layout offers flexibility for diverse income streams or expansion potential. Its prime location ensures high visibility and accessibility, making it an attractive proposition for both established businesses and new entrepreneurs. This turnkey opportunity is ready for immediate occupancy and offers significant potential for return on investment. The Ballard County location provides a strong foundation for future growth and profitability.
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Mike's Place 2 Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.