9888 Hodgenville Rd Campbellsville, KY 42718-8526
This exceptional mixed-use property in Campbellsville, Kentucky, presents a compelling investment opportunity. Situated on a five-acre lot with ample gravel parking and two entrances, the 9,000-square-foot building boasts a main floor previously used as a restaurant and community hall. Recent upgrades (August 2024) include new flooring, fresh paint, and updated lighting. The main floor features a kitchen, dining area, entertainment space, and restrooms, ideally suited for a restaurant or similar venture, with potential for co-op marketing given its proximity to farmers markets and orchards. The second floor offers 1,800 square feet of open space, including three bedrooms, a bathroom, and a laundry room, providing additional rental income or owner-occupied space. A sizable below-ground area, previously used for billiards and storage, offers versatile potential. The building, constructed in 1999 and renovated in 2023-2024, comprises two units across two stories. The net rentable space totals 5,400 square feet. This property is located ten minutes from Campbellsville, a college town experiencing growth in the bourbon market, making it an attractive investment for owner-users seeking a blend of commercial and residential space. The asking price is $395,000. There is potential to purchase additional land at an extra cost.
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
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