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Property profile & analytics
OFF-MARKET
Retail space

862 Main St Monticello, KY 42633

10,582 SF Built 1956
Entity Owned Free & Clear
Property ID
US34-1561949
Property summary
AI-generated overview

This exceptional 14,000+ square foot commercial building presents a remarkable investment opportunity in Monticello, KY. Situated on a 1.6-acre lot with ample road frontage, this property enjoys a highly desirable location directly across from a planned industrial park, promising significant future growth. The sturdy concrete block construction offers versatility, suitable for a single large tenant or multiple smaller businesses. The layout is adaptable, allowing for various configurations to meet diverse operational needs. A 2,500+ square foot retail space features counter space, a large display area, stockroom, offices, and two restrooms. This area connects to a covered pavilion, ideal for outdoor sales or markets. A 3,700+ square foot warehouse section boasts high ceilings, a loft area, and three loading docks, making it perfect for businesses requiring efficient goods handling. The building also includes a 3,400+ square foot warehouse section connected to a fenced gravel lot with ten 10x24 covered bays, one 9x14 bay, and a large drive-through bay – an excellent space for automotive-related businesses. Ample parking is available for both employees and customers. The property is priced at $329,000 and is deed-restricted against fertilizer business use. This property offers significant potential for a wide range of commercial ventures. Its size, location, and adaptable layout make it an attractive investment in a growing area.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1956
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 10,582 SF
APN M3-06-019.00
UPID US34-1561949
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
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Owner & transaction history
WARNER FERTILIZER CO INC
WARNER FERTILIZER CO INC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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