219 2nd St Central City, KY 42330-1205
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.
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Food Giant Grocery & Convenience Store Food Market
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Stewart's IGA Foodliner Grocery & Convenience Store Food Market
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Western Union Bank Credit Union
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.