Property profile

4237 Jackson Hwy Glasgow, KY 42141

OFF-MARKET
Retail properties & Spaces
200 SF 1.63 ac lot Built 1955
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Property summary

AI-generated overview

This exceptional turnkey opportunity encompasses a vibrant restaurant and four income-generating apartments, all situated on a substantial 1.63-acre lot. The property, located at 4237 N Jackson Hwy in Glasgow, Kentucky, boasts a prime location fronting N. Jackson Highway, ensuring high visibility and accessibility. The restaurant itself is a well-established and profitable business, complete with all necessary inventory and equipment, ready for immediate operation by a new owner. The building, constructed in 1955, offers a total of 200 square feet of commercial space dedicated to the restaurant. Upstairs, four separate apartments provide additional revenue streams. Each apartment features one bedroom and one bathroom, offering comfortable and independent living spaces for tenants. The property's substantial lot size presents significant potential for future expansion or development. The asking price for this unique combination of commercial and residential real estate is $449,000. The property's APN is 94-9c. This is a rare chance to acquire a profitable, established business with significant rental income potential. Don't miss this opportunity to own a piece of Glasgow's thriving commercial landscape.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1955
Total area 200 SF
Lot 1.63 ac (71,003 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

4237 Jackson Hwy Glasgow, KY 42141
Glasgow metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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