217 Washington St, Albany, KY 42602-1225
This exceptional investment opportunity in Albany, Kentucky, presents a unique blend of commercial uses. Located at 217 S Washington St, this property features a well-established gas station and shop, complete with two gas pumps and one diesel pump, ensuring a steady stream of customers. The property also includes a versatile two-bay garage, equipped with insulated garage doors, two lifts, an office area, a stock room, and an air compressor, offering significant potential for expansion or diversification. Situated on a 0.14-acre corner lot in Clinton County, this property benefits from high visibility and easy accessibility, maximizing its commercial appeal. The asking price is $259,000 for this 1 square foot retail space. A video showcasing the property is available online. This is a rare chance to acquire a thriving business and prime real estate in a desirable location. The property is located within city limits, offering convenient access to local amenities and infrastructure. This is an ideal investment for entrepreneurs seeking a turnkey operation or those looking to expand their existing business portfolio.
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.