106 Public Sq Auburn, KY 42206-9136
This exceptional commercial property, situated at 106 Public Square in the heart of Auburn, Kentucky, presents a unique investment opportunity. Spanning 0.24 acres, this versatile space is ideally located on Main Street, offering unparalleled visibility and accessibility. The building boasts a recently installed roof and updated plumbing systems, eliminating significant upfront maintenance costs and ensuring peace of mind for the new owner. Previously configured as a restaurant, the adaptable layout lends itself to a wide range of commercial uses. Imagine transforming this space into a thriving restaurant, a stylish boutique, or a vibrant office space – the possibilities are truly limitless. Auburn's downtown area is experiencing a period of exciting growth and revitalization, making this property an especially attractive investment. The strategic location, coupled with the building's recent upgrades, positions this property for immediate success. This is a chance to be part of Auburn's burgeoning commercial landscape and capitalize on its promising future. The property is offered at $129,700, representing an exceptional value for a turn-key commercial space in a prime downtown location. Don't miss this opportunity to secure a piece of Auburn's vibrant future.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.