Property summary
This exceptional mixed-use investment opportunity encompasses two adjacent properties totaling 7,101 square feet on 1.02 acres in Versailles, Kentucky. Located on Big Sink Road, just a block from the bypass, this prime location offers easy access to numerous businesses. The property at 123 Big Sink Road, a 7,101 square foot building on 1.02 acres zoned R-3, is currently leased to a church on a short-term lease. Originally constructed as a daycare, this building presents significant potential for various uses, including owner-occupancy. The adjacent property, 125 Big Sink Road, features approximately 7,077 square feet (6,814 rentable) on approximately 1.703 acres and is zoned P-1. This building boasts four office tenants, providing immediate rental income. The 125 Big Sink Road lot offers additional development potential, allowing for the construction of an extra 5,200 square feet. Internal features include a lobby/reception area, two offices, six large rooms (each with a restroom and exterior entrance), a break room, kitchen area, meeting area with restroom, two additional restrooms, and a laundry room. The asking price for both properties is $1,325,000, presenting a compelling opportunity for both owner-users and investors seeking a diverse portfolio. The combined properties offer a unique blend of immediate income and future development potential in a thriving Kentucky location.
Property profile
VerifiedCap rate & NOI
Current use
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Insurance Agency
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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