4237 Jackson Hwy, Glasgow, KY 42141
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.
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Ritter House, LLC Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.