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    OFF-MARKET
    Commercial real estate

    107 Mound St, Harlan, KY 40831-2355

    5,540 SF 0.07 ac lot Built 1920
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US34-1417801
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 107 East Mound Street in downtown Harlan, Kentucky, presents a unique investment opportunity. The 5,540 square foot building sits on a 0.07-acre lot and offers a versatile layout ideal for a variety of uses. Its prime location directly across from Monticello Bank and just one block from the Harlan County Courthouse and other amenities ensures high visibility and accessibility. The building currently features two second-floor apartments, each boasting two bedrooms, one full bathroom, a living room, and a combined kitchen and dining area. The main floor provides ample space for numerous offices, suitable for a single business requiring multiple offices or several independent businesses. The property's recent use as attorney's offices speaks to its suitability for professional services. While the building requires some repairs and updates, it is being sold "AS IS," allowing for customization to meet the buyer's specific needs and vision. The asking price is $125,000, making this a compelling opportunity to acquire a substantial commercial property in a thriving Kentucky community. The zip code is 40831.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1920
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 5,540 SF
    Lot 0.07 ac (3,049 SF)
    APN 082-10-10-011.00
    UPID US34-1417801
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Blend (final) Blend
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    Owner & transaction history
    FRANCIS GOODWYN
    FRANCIS GOODWYN
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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