104 Main St Walton, KY 41094
- Commercial real estate
- 0.67 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 104 Main St
- Lot size
- 0.67 lot acres
- Property type
- Commercial real estate
- APN
- 078.06-10-016.00
- APU
- 78061001600
Description
This exceptional retail property, located at 104-106 N. Main Street in Walton, Kentucky's vibrant Walton Downtown District (WD zoning), presents a unique investment opportunity. The 13,783 square foot building sits on a 1.16-acre lot and is currently configured to accommodate a variety of uses. The property includes a fully leased restaurant, a delicatessen, and a meat processing facility, complete with ample cooler and freezer space, and three dock doors for efficient shipping and receiving. The asking price is $1,300,000, translating to $94.32 per square foot. The existing tenant configuration offers immediate income potential, with the restaurant fully leased and all equipment, furniture, and fixtures included in the sale. There is also 1,800 square feet of available space currently occupied by the delicatessen, offering flexibility for expansion or lease to a new tenant. This property's prime location in the heart of Walton, combined with its versatile layout and existing infrastructure, makes it an ideal investment for savvy buyers seeking a strong return on investment in a thriving Kentucky market. The property's zoning allows for a wide range of commercial uses, providing future development potential. This is a rare opportunity to acquire a well-established, income-producing retail property in a desirable location. Don't miss out on this chance to own a piece of Walton's bustling downtown. The zip code is 41094.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,010,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $755,000
- 6.5%
- $740,000
- 7%
- $830,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $760,000
- Geo Method
- $760,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $685,000
- Retail
- $865,000
- Mixed-Use
- $745,000
- Hospitality
- $900,000
- Educational
- $920,000
- Residential Income
- $885,000
- Energy
- $675,000
- Income-Based Land
- $760,000
- Food Service
- $695,000
Location Insight
- Map
- Local Demand
- City
- Walton
- County
- Boone
- State
- Kentucky
- Longitude
- -84.6129
- Latitude
- 38.8702
- CBSA code
- 17140
- CBSA name
- CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA