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Property profile & analytics
FOR SALE
Office buildings

161 Court St Whitley City, KY 42653

1,200 SF 0.13 ac lot Built 1963
Individually Owned 1-yr Hold ~ Est. High Equity
Property ID
US34-0948737
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1963
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,200 SF
Lot 0.13 ac (5,663 SF)
APN 120-20-04-006.00
UPID US34-0948737
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
by Request
Blend (final) Blend
by Request
Owner & transaction history
Eastern Kentucky Healthcare PLLC · 1 yrs held
Eastern Kentucky Healthcare PLLC
since 2024
Last sale
$65,000
3 recorded transactions
2024
$65,000
2023
$25,000
2010
$20,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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