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Property profile & analytics
OFF-MARKET Estimated value $210,000
Commercial real estate

404 Main St Powderly, KY 42367-5503

Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US34-1572941
Property summary
AI-generated overview

This exceptional 1906 sq ft commercial building at 404 W Main Street, Powderly, KY presents a unique business opportunity. The brick structure boasts three separate entrances/exits leading to a spacious, recently sealed and striped parking lot (0.51 acres). A fenced trash disposal area is conveniently located in the back corner. Significant recent upgrades enhance this property's value and functionality. These include a professionally inspected fire suppression system and newer kitchen hoods with functional gas lines, an updated and inspected electrical system, and a new rolled roof, eliminating any leaks. Further improvements encompass plumbing, HVAC, and newly installed light fixtures in the dining room. The building's 1906 sq ft encompasses bathrooms, office space, dry storage, utility storage with cleaning area and floor drains, a kitchen, service area, and a dining room. Handicap accessibility is a key feature. Its strategic location near a major grocery store and newly installed gas pumps, coupled with its position between the expanding communities of Central City and Greenville, makes this one of the few available commercial properties in a high-growth area. The property is priced at $299,000 and is ready for immediate occupancy, awaiting your personal touch and business vision. This is a rare chance to establish your business in a thriving, developing community.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
APN 108-04-05-012.000
UPID US34-1572941
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
$210k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$210k
Owner & transaction history
Aquaticrop LLC · 2 yrs held
Aquaticrop LLC
since 2024
Last sale
$209,000
1 recorded transaction
2024
$209,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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