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Property profile & analytics
FOR SALE
Commercial real estate

312 W Main St La Grange, KY 40031

1,650 SF 0.27 ac lot Built 1973
Entity Owned Absentee Owner Free & Clear
Property ID
US34-1879258
Property summary
AI-generated overview

This exceptional investment opportunity in La Grange, Kentucky, presents a portfolio of two properties totaling 8,906 square feet, currently operating as a daycare and restaurant. Located at 311 W Jefferson St and 312 W Main St, this offering presents a unique blend of commercial and residential zoning. The asking price is $975,000, translating to $109.48 per square foot. The property at 311 W Jefferson Street is zoned commercial, while the property at 312 W Main Street is zoned R-4. This prime location sits conveniently between West Main Street and West Jefferson Street, offering excellent visibility and accessibility. The properties are within easy walking distance of downtown La Grange and the popular La Grange Springs Park, ensuring high foot traffic and a strong local customer base. This presents a rare chance to acquire a well-positioned, dual-use property portfolio with significant potential for future growth and return on investment. The combined properties offer a diverse income stream and a solid foundation for a savvy investor seeking a high-yield opportunity in a thriving Kentucky community. This is a turnkey operation ready for immediate income generation or further development. Serious inquiries only.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1973
Construction FRAME
Total area 1,650 SF
Lot 0.27 ac (11,587 SF)
APN 46-L.4-04-7
UPID US34-1879258
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
RADCLIFFE FUNERAL HOME
RADCLIFFE FUNERAL HOME
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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