5855 Holy Cross Rd Loretto, KY 40037-8122
This exceptional investment opportunity presents a ready-to-operate commercial building situated on a 1.17-acre lot at 5855 Holy Cross Road, Loretto, KY. The property features a substantial building, approximately 50 feet by 75 feet, providing ample space for a variety of commercial ventures. A significant advantage is the inclusion of a walk-in cooler, perfectly suited for food-related businesses, complementing the building's history as a butcher shop. Further enhancing its functionality are several sheds, offering additional storage or workspace. The property also boasts 3-phase electric, a crucial element for many commercial operations, eliminating the need for costly upgrades. The existing infrastructure significantly reduces the start-up costs for prospective owners, allowing them to focus on establishing and growing their business. The property's location in Loretto, KY, offers accessibility and visibility, making it an attractive proposition for entrepreneurs seeking a well-equipped and strategically located commercial space. This turnkey property is poised for immediate occupancy and presents a rare opportunity to acquire a versatile commercial building with significant potential. The combination of size, existing infrastructure, and convenient location makes this an exceptional investment opportunity. Don't miss out on this chance to own a piece of Loretto's commercial landscape.
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
Property description
Physical attributes from public recordsZoning & alternative use
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.