192 S Main St Versailles, KY 40383
- Commercial real estate
- 0.04 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 192 S Main St
- Year built
- 1896
- Lot size
- 0.04 lot acres
- Property type
- Commercial real estate
Description
This exceptional commercial property, located at 192 S Main Street in the heart of Versailles, KY, presents a unique investment opportunity. The building, zoned OHB2, boasts a versatile ground floor commercial space ideal for a variety of businesses, capitalizing on its prime downtown location. Adding to its appeal is a charming, renovated one-bedroom studio apartment situated upstairs, offering stunning views of Main Street and providing a guaranteed income stream. Recent renovations, completed with meticulous attention to detail, have brought the property to impeccable condition, requiring no further updates or improvements. The renovation included complete overhauls of the electrical and plumbing systems, extending to new wiring out to the transformer and new plumbing out to the meter. The HVAC system also meets or exceeds 2020 building codes. Detailed documentation and photographs showcasing every stage of the renovation are readily available for review, providing complete transparency and peace of mind. The property sits on a 0.04-acre lot. This turnkey property offers a blend of commercial potential and reliable rental income in a thriving community, making it an attractive investment for discerning buyers. The asking price is $715,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Versailles
- County
- Woodford
- State
- Kentucky
- Longitude
- -84.73022
- Latitude
- 38.05191
