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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

457 Court St Wickliffe, KY 42087

3,000 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 3,000 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
  • Mike's Place 2 Restaurant
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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