406 Clinton St Georgetown, KY 40324-1206
This 893-square-foot commercial building, situated on a 0.03-acre lot at 406 W Clinton Street in Georgetown, Kentucky, presents a unique investment opportunity. Currently configured as a beauty salon, the property offers significant potential for repurposing. Located within an R-1B Single Family Residential zone allowing conditional use for home occupations and professional offices, the building could easily be adapted to suit a variety of commercial uses. Alternatively, its spacious layout lends itself to conversion into a single-family residence. The interior features a large open area, three plumbed sink bowls, a small break room, and a half-bathroom. All existing furnishings are included in the sale. The property is being sold in "as-is" condition, providing buyers with the flexibility to implement their own vision and renovations. This presents a rare chance to acquire a well-located property in a desirable Georgetown neighborhood at an attractive price point of $120,000. The property's versatility and prime location make it an exceptional investment opportunity for both commercial and residential developers.
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Modern Beauty Shoppe Hair Salon Nail Salon
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.