109 Madison St Owenton, KY 40359-3025
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.
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
No recorded transactions found for this property.
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.