161 Court St Whitley City, KY 42653
For Sale
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This exceptional commercial property, located at 161 Court Street in Whitley City, Kentucky, presents a unique investment opportunity. Situated in the heart of downtown, this 0.13-acre lot boasts a building previously operating as a combined boutique, office, and apartment. The property offers 4-5 parking spaces, benefiting from high traffic volume. The building is available furnished and decorated, including a cash register and various other business items, ready for immediate operation. The seller offers the option to purchase the boutique inventory separately. This turnkey solution is priced significantly below market value, making it an attractive proposition for entrepreneurs seeking a well-established business location. The property's versatile layout allows for diverse business applications, capitalizing on its prime downtown Whitley City location (zip code 42653) within McCreary County. The asking price is $79,900. This is a rare chance to acquire a thriving commercial space in a desirable Kentucky location. Don't miss this opportunity to own a piece of Whitley City's vibrant downtown.
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
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.