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Property profile & analytics
OFF-MARKET
Investment properties

109 Madison St Owenton, KY 40359-3025

2,900 SF 0.09 ac lot Built 1967
Individually Owned Absentee Owner Free & Clear
Property ID
US34-2163269
Property summary
AI-generated overview

This exceptional mixed-use building is ideally situated in the heart of Owenton, Kentucky, at 109 S Madison Unit 109. The property offers substantial space, previously occupied by state and federal government offices, presenting a versatile opportunity for a variety of commercial ventures. Its central downtown location ensures high visibility and accessibility for potential customers. The building's history as a government office suggests a robust infrastructure and potentially adaptable layout. While the exact square footage isn't currently specified, the ample space is suitable for businesses requiring significant room for operations or multiple departments. The property is offered at $197,500, representing a compelling investment in a thriving Kentucky community. This is a rare chance to acquire a well-positioned commercial property with a proven track record in a desirable location. The building's past use as government offices suggests a high level of structural integrity and potentially adaptable floor plans. Further details regarding the interior layout and specific features are available upon request. This property is ready for its next chapter and presents a unique opportunity for a discerning buyer. Serious inquiries are encouraged to explore the potential of this significant commercial asset. The property sits on a 0-acre lot.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1967
Construction FRAME
Total area 2,900 SF
Lot 0.09 ac (3,920 SF)
APN 061-20-00-046.06
UPID US34-2163269
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
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
LARRY TACKETT
LARRY TACKETT
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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