218 Main St Auburn, KY 42206-5105
This exceptional commercial property, located at 218 W Main Street in the heart of Auburn, Kentucky, presents a unique investment opportunity. The building, a completely remodeled former bank, boasts 1.2 acres of land and offers a generous 8 offices, providing ample space for a variety of business uses. Four well-appointed bathrooms cater to the needs of staff and clients alike. A large conference room is ideal for meetings, presentations, or training sessions. The property's central Auburn location ensures high visibility and easy accessibility for customers and employees. Its previous use as a bank suggests a robust and secure structure, built to high standards. The building's modern interior, resulting from a complete remodel, offers a professional and inviting atmosphere. This turnkey property is ready for immediate occupancy, making it an attractive option for businesses seeking a move-in-ready space. The seller is also open to considering lease options, providing flexibility for potential tenants. This is a rare opportunity to acquire a well-maintained, centrally located commercial building in a thriving Kentucky community. The property's size and features make it suitable for a wide range of commercial ventures. Serious inquiries are encouraged to explore this promising investment or lease opportunity further. Contact the listing agent for additional information and scheduling a viewing.
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.