301 Elmwood St Russell, KY 41169
- Office Properties & Spaces
- 1.45 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 301 Elmwood St
- Lot size
- 1.45 lot acres
- Property type
- Office Properties & Spaces
- Property subtype
- Self storage facilities
Description
This exceptional commercial property, located at 301 Elmwood St, Russell, KY 41169, presents a lucrative investment opportunity. The property boasts a substantial 50x100 foot building situated on a generous 1.454-acre lot, conveniently zoned for commercial use. The property includes 38 self-storage units, adding significant rental income potential. The building's spacious layout offers versatile office space, ideal for a variety of businesses. The property is situated in Greenup County, Kentucky, offering easy access to local amenities and transportation routes. With an asking price of $425,000, this property represents a strong return on investment. The property is available for occupancy on May 15, 2024. This is a rare opportunity to acquire a well-located, multi-use commercial property with significant income potential. The combination of office space and self-storage units provides a diversified revenue stream, mitigating risk and maximizing profitability. Don't miss this chance to own a prime piece of commercial real estate in a thriving Kentucky market. The property's size and zoning provide ample room for expansion or future development. This is an ideal investment for both seasoned investors and those seeking a strong entry point into the commercial real estate market.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Russell
- County
- Greenup
- State
- Kentucky
- Longitude
- -82.6961
- Latitude
- 38.5344
