457 Court St Wickliffe, KY 42087
- Retail properties
- 3,000 SF
Current Use by Public Records
- Mike's Place 2 / Restaurant
Property Details for 457 Court St
- Property size
- 3,000 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wickliffe
- County
- Ballard
- State
- Kentucky
- Longitude
- -89.0882
- Latitude
- 36.9645
