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Property profile & analytics
FOR SALE
Commercial real estate

621 W 2Nd St Maysville, KY 41056

5,760 SF
Entity Owned Absentee Owner Free & Clear
Property ID
US34-0831052
Property summary
AI-generated overview

This exceptional commercial property, situated on a 0.92-acre lot at 621 W 2nd Street in Maysville, KY, presents a unique investment opportunity. The main building, a substantial two-story structure exceeding 3,500 square feet, offers versatile space previously used as a woodworking and upholstery shop. The ground floor features a showroom, office space, two restrooms, and three heated workshop/garage areas. Half of the ground floor is also air-conditioned. A dedicated bay area facilitates efficient loading and unloading. The building's electrical system includes high-leg delta three-phase 208-volt power. The second floor, encompassing over 3,200 square feet, provides ample storage. A secondary building offers additional storage and bathroom facilities, powered by 240-volt single-phase electricity. A metal shed further enhances storage capabilities. The property benefits from a recently updated HVAC system, with a new furnace and air conditioner installed in 2018. The property is being sold "as is," allowing for customization to suit a wide range of industrial applications. Its prime location on West 2nd Street (Route 8/Mary Ingles Highway) ensures high visibility and convenient access. This property is priced at $195,000.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,760 SF
APN M01-10-005
UPID US34-0831052
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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
PHOENIX MIDWEST LLC
PHOENIX MIDWEST LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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