339 Ardery Pl Paris, KY 40361
This exceptional investment opportunity presents a vacant, three-building office complex totaling approximately 21,402 square feet, strategically located in the heart of downtown Paris, Kentucky. The property comprises three distinct buildings: a three-story structure at 339 Main Street encompassing roughly 10,362 square feet, and two two-story buildings situated at 2 and 13 Ardery Place, measuring approximately 6,452 and 4,588 square feet respectively. This prime commercial property enjoys a highly visible corner location at the intersection of Main Street and Ardery Place, directly across from the Bourbon County Courthouse. Its convenient location offers easy access to a vibrant downtown area brimming with boutiques, antique shops, art galleries, and other local businesses. Furthermore, its proximity to Lexington, approximately 18 miles away, provides excellent connectivity to a larger metropolitan area. The property is zoned for commercial use and is currently vacant, presenting a blank canvas for a wide range of potential uses. Offered at $860,000, or $40 per square foot, this represents a compelling investment opportunity for owner-users seeking a prominent presence in a thriving Kentucky community. The property is classified as Class C and consists of three separate units.
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.