218 Main St Russellville, KY 42276
This exceptional commercial property, located at 218 W Main Street in Auburn, Kentucky, presents a unique investment opportunity. The building, a completely remodeled former bank, boasts 6,000 square feet of versatile space ideally suited for a variety of office uses. The interior features eight individual offices, providing ample room for staff and clients, along with four bathrooms for convenience. A large conference room is perfect for meetings and presentations. The property's prime location in the heart of Auburn ensures high visibility and accessibility. Currently vacant, this property offers immediate occupancy for a new business or expansion. The asking price is $789,495. The property is classified as both office and land, offering potential for future development or expansion. The building's history as a bank speaks to its solid construction and inherent structural integrity. Its central location within Auburn, Kentucky, in Logan County, zip code 42276, provides easy access to local amenities and transportation routes. Serious inquiries are encouraged to explore this promising investment opportunity. The seller will also consider leasing options for the property. This is a rare chance to acquire a well-maintained, centrally located commercial building in a thriving Kentucky community.
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
Similar Nearby for Lease
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.