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Property profile

101 Walnut St Versailles, KY 40383

FOR SALE
Warehouses
Property ID
US34-1720301
4,560 SF
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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 Warehouses
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

Current use

Occupant on record · Public records
  • Construction Company General Contractor

Location

101 Walnut St Versailles, KY 40383
Versailles metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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