Property summary
This exceptional medical office building, located at 126-130 Elm Street in Ludlow, Kentucky, presents a unique investment opportunity. The property boasts a total of 5,800 square feet, divided into two units: 2,685 square feet at 126 Elm Street and 3,115 square feet at 130 Elm Street. Currently configured for medical or dental practices, the building includes all necessary office equipment. The property is zoned NC (HP-O) and sits on a 0.22-acre lot, offering ample parking and the potential for pole signage. Its strategic location next to Riverside Marketplace & Service Station, Family Dollar Store, and Domino's ensures high visibility and convenient access. This property offers a turnkey solution for established medical professionals seeking to expand or relocate, or for new practices looking to establish a presence in a thriving community. The building's adaptable design also allows for potential remodeling to accommodate retail or office uses, providing flexibility for a range of potential buyers. The asking price is $1,250,000, translating to $215.52 per square foot. This represents a compelling investment in a desirable location with significant upside potential.
Property profile
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Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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