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Property profile & analytics
OFF-MARKET
Life science properties

101 Walnut St Versailles, KY 40383

4,560 SF
Property ID
US34-1720301
Property summary
AI-generated overview

This exceptional mixed-use property in Versailles, Kentucky, presents a unique investment opportunity. Located at 101 Walnut St, this 4,560 square foot building sits on a 12,600 square foot lot and is zoned B4, allowing for a variety of commercial uses. The ground floor encompasses a spacious 3,088 square foot shop area, perfect for a workshop, retail space, or other commercial ventures. Features include double man doors at the front and a large roll-up bay door at the rear, along with an existing 20x30 paint/finishing room. The shop is equipped with a robust dust collector, air purification filters, workstations, and tool organizers, all negotiable as part of the sale. Upstairs, a 1,472 square foot apartment/office space offers versatility. This area includes a full kitchen, living room, home theater, offices, and a half-bath (convertible to a full bath). A second-floor deck provides scenic views. This property is ideally situated in downtown Versailles, offering easy access to Lexington and Frankfort, making it an attractive option for businesses seeking a prominent location in the heart of Bourbon Country. The asking price is $625,000, translating to $137.06 per square foot.

Property profile
Verified
Property type Life science properties
Total area 4,560 SF
UPID US34-1720301
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Leigh Millwork LLC Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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