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Property profile & analytics
OFF-MARKET Estimated value $780,000
Grocery and convenience stores

219 2nd St Central City, KY 42330-1205

15,456 SF 2.61 ac lot Built 1968
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US34-1495483
Property summary
AI-generated overview

This exceptional investment opportunity presents a portfolio of three commercial properties totaling 57,275 square feet, ideally suited for a grocery store operation or similar retail use. The portfolio comprises three buildings located in Central City, Kentucky, and nearby towns. One building is situated at 219 S 2nd St, Central City, KY 42330, and encompasses approximately 18,000 square feet. Another building, located at 3901 US Highway 431 in Beechmont, KY, offers roughly 14,200 square feet of space. The third property, located at 304-306 S Main St in Greenville, KY, includes a 18,000 square foot building previously occupied by a Food Giant, a 7,075 square foot building previously occupied by a Family Dollar, and an additional one-acre vacant lot. All buildings are commercially zoned. The combined asking price for this three-property package is $3,100,700, representing a price per square foot of $54.14. The properties are identified by the following APN numbers: 142-01-11-028.000; 195-02-02-005.000; 110-01-21-002.000. This is a rare opportunity to acquire a substantial retail footprint in a growing market. The properties offer significant potential for immediate income generation and long-term appreciation.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1968
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 15,456 SF
Lot 2.61 ac (113,692 SF)
APN 142-01-11-028.000
UPID US34-1495483
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
Current use
Occupant on record · Public records
  • Food Giant Grocery & Convenience Store Food Market
  • Stewart's IGA Foodliner Grocery & Convenience Store Food Market
  • Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$780k
Owner & transaction history
Gkac LLC · 1 yrs held
Gkac LLC
since 2025
Last sale
$780,000
1 recorded transaction
2025
$780,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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