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Property profile & analytics
OFF-MARKET
Commercial real estate

406 Clinton St Georgetown, KY 40324-1206

920 SF
Individually Owned Absentee Owner Free & Clear
Property ID
US34-2006636
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 920 SF
APN 167-10-143.000
UPID US34-2006636
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
  • Modern Beauty Shoppe Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history
RONALD W JONES
RONALD W JONES
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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