Property summary
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
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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