25-29-33 Main St Beattyville, KY 41311

Property Details for 25-29-33 Main St

Lot size

0.16 lot acres

Property size

5,676 SF

Property type

Investment properties

Description

This exceptional commercial property, situated at 25-29-33 Main Street in Beattyville, Kentucky, presents a unique investment opportunity. The two-story brick building boasts a substantial 5,676 square feet of space on a 0.16-acre lot, conveniently located near Highway 11 in the heart of downtown. Previously used as retail/professional office space on the first floor and residential apartments on the second, this building offers incredible flexibility. The first floor features three existing storefronts, while the second floor comprises one studio, five one-bedroom, one two-bedroom, and one apartment of undetermined size (lessee to verify). The property is available for long-term lease with renewal options under a triple net lease agreement. Lessees have the option to utilize the existing structure or demolish and construct a building tailored to their specific needs. It's important to note that the building sustained flood damage in 2021, with most debris removed. However, the heating system was destroyed, the roof is actively leaking, and mold may be present due to the flood and roof issues. An adjacent vacant lot to the east may also be available for lease concurrently. This property offers significant potential for redevelopment or adaptive reuse in a high-traffic downtown location. Serious inquiries only.

Location Insight

City

Beattyville

County

Lee

State

Kentucky

Longitude

-83.7076

Latitude

37.5802