51 Lakeshore Dr Burnside, KY 42519-9424
- Commercial real estate
- 1,200 SF
- 0.53 lot acres
Current Use by Public Records
- Health Mart Pharmacy / Pharmacy
- Lakeshore Pharmacy / Pharmacy / Drug Store
Property Details for 51 Lakeshore Dr
- Year built
- 2004
- Construction
- WOOD FRAME
- Lot size
- 0.53 lot acres
- Property size
- 1,200 SF
- Property type
- Commercial real estate
- APN
- 064-7-1-64
- APU
- 647164
Description
This exceptional commercial property, located at 51 W Lakeshore Drive in Burnside, Kentucky, presents a fantastic opportunity for a variety of businesses. Situated on a desirable half-acre lot within the city limits, this 1200 square foot building offers significant potential for growth and development. The property boasts convenient access to city sewer services, eliminating the need for costly septic system maintenance. The existing structure provides a solid foundation for immediate occupancy, allowing for quick start-up and minimal initial investment. The strategic location within Burnside ensures high visibility and accessibility for customers and clients. The half-acre lot provides ample space for expansion, outdoor seating, or additional parking, catering to a wide range of business needs. This property is being sold with a clear deed, ensuring a smooth and straightforward transfer of ownership. The diverse business opportunities available in this thriving community make this an exceptional investment for entrepreneurs and business owners alike. Don't miss this chance to secure a prime commercial property in a desirable location. Act quickly, as opportunities like this are rare.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $255,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $170,000
- 6.5%
- $160,000
- 7%
- $145,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $156,000
Market price range: $48.7k - $156k -
Alternative Use
- Use
- Estimation
- AUTO REPAIR, GARAGE
- $270,000
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Location Insight
- Map
- Local Demand
- City
- Burnside
- County
- Pulaski
- State
- Kentucky
- Longitude
- -84.6049
- Latitude
- 36.9929
- CBSA code
- 43700
- CBSA name
- SOMERSET, KY MICROPOLITAN STATISTICAL AREA