112 Lexington St Harrodsburg, KY 40330-1548
This exceptional commercial property, situated in the vibrant heart of historic downtown Harrodsburg, Kentucky, presents a unique investment opportunity. The building, zoned B-3, boasts a spacious 1100 square foot ground floor storefront, previously utilized for diverse businesses including gift shops, antique stores, and office spaces. Its versatile layout offers significant potential for a variety of commercial ventures. Adding to its appeal is a substantial 1100 square foot apartment located on the second level, providing an excellent opportunity for supplemental income generation through rental. The property sits on a conveniently sized 0.03-acre lot, offering ample space for both business operations and potential future expansion. The building's prime location within the historic district ensures high visibility and accessibility to a steady stream of foot traffic and potential customers. This property is ideal for an entrepreneur seeking a well-established location with immediate income potential or an investor looking for a strong return on investment in a thriving Kentucky community. The property is priced competitively at $159,000. Prior to entering the building, please contact the listing agent.
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
COM · Harrodsburg, KYCosts & 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.