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Property profile & analytics

870 Main St Madisonville, KY 42431-3068

  • Commercial real estate
  • 0.25 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US34-1037136
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Mainstreet Barbers / Barber Shop

Property Details for 870 Main St

Construction
FRAME
Lot size
0.25 lot acres
Property type
Commercial real estate
APN
M-23-14-26
APU
M231426

Description

This exceptional mixed-use property in Madisonville, Kentucky, presents a compelling investment opportunity. Located at 870 S Main St, this two-story building encompasses 1,698 square feet on a sizable 0.43-acre lot. Currently configured as a thriving barbershop on the ground floor and a spacious two-bedroom, one-bathroom apartment on the upper level, this property offers immediate income potential and significant versatility. The building's prime location ensures high visibility and accessibility, making it an attractive proposition for both established businesses and new ventures. The substantial lot size provides ample space for potential expansion or future development. The combination of commercial and residential components creates a unique investment opportunity, allowing for diverse income streams and long-term growth potential. This property is ideal for investors seeking a stable, income-generating asset in a desirable Kentucky market. The existing barbershop provides a proven business model, while the apartment offers additional rental income. The property's size and location make it a highly attractive investment for those seeking a blend of commercial and residential real estate. This is a rare opportunity to acquire a well-established, income-producing property in a thriving community. The property is zoned for mixed-use, offering flexibility for future adaptations and expansions. This turnkey investment is ready for immediate occupancy and income generation.


Value Estimations

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  • CAP approach

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Location Insight

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  • Local Demand
City
Madisonville
County
Hopkins
State
Kentucky
Longitude
-87.502
Latitude
37.3145
CBSA code
31580
CBSA name
MADISONVILLE, KY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$967
$0.00
$0.00
$96,000
-
$0.00
$0.00
$96,000
More about this property
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