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    Multi-Use Retail and Healthcare Property
    Updated: Apr 11
    Multi-Use Retail and Healthcare Property

    5860 Main St, Clay City, KY 40312

    Contact for pricing
    4.3 +/- acre corner commercial property on Mountain Parkway and Main Street in Clay City
    Multi‑use setup with 5 separate tenants generating $6,800/month in rent with annual increases
    Over 7,000 sq ft of additional rentable space for added income potential
    Current businesses include a restaurant, liquor store, health clinic, and cable company
    Includes warehouse space, office space, and a single‑family dwelling plus space for an additional out parcel
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Clay City, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Restaurant Building with Rented Apartment
    Restaurant Building with Rented Apartment

    531 E Main Street, Mt Sterling, KY 40353

    $299,000
    1,960 sqft 0.24 AC lot

    Restaurant building for sale with included kitchen equipment and a rented upstairs apartment.

    View details
    Turn-Key Bar and Restaurant
    Turn-Key Bar and Restaurant

    137 East Broadway Street, Winchester, KY 40391

    $374,000
    1,536 sqft 0.17 AC lot

    Turn-key bar and restaurant business with pool tables, dartboard, televisions, and recently replaced cooler and HVAC components.

    View details
    Mt Sterling Commercial Building For Sale
    Mt Sterling Commercial Building For Sale

    3404 Camargo Road, Mt Sterling, KY 40353

    $425,000
    2,108 sqft 0.40 AC lot

    2,108 sq ft commercial building with drive-thru in Mt Sterling.

    View details
    Historic Opera House For Sale
    Historic Opera House For Sale

    101 S Main, Winchester, KY 40391

    $1,750,000
    20,548 sqft 0.23 AC lot

    Fully-restored Opera House in Downtown Winchester with multiple uses.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    B-2 Zoned Commercial Vacant Land
    B-2 Zoned Commercial Vacant Land

    164 E College Avenue, Stanton, KY 40380

    $200,000
    1.10 AC lot

    Vacant 1.1-acre commercial land zoned B-2 with road frontage, visibility, and utilities accessible.

    View details
    Prime Land in Pine Ridge, KY
    Prime Land in Pine Ridge, KY

    9999 KY-15, Pine Ridge, KY 41360

    $229,000
    0.95 AC lot

    0.95-acre lot near Red River Gorge and Natural Bridge.

    View details
    Platted B-3 Development Land
    Platted B-3 Development Land

    999 Dr Robert R Martin Bypass, Richmond, KY 40475

    $3,200,000
    16.00 AC lot

    Zoned B-3 commercial development land with existing preliminary plat history along Robert Martin Bypass in Madison County.

    View details
    Richmond, KY Out Parcel Land
    Richmond, KY Out Parcel Land

    2072 Merchant Drive, Richmond, KY 40475

    $1,400,000
    1.71 AC lot

    1.71 acre outparcel ideal for retail, restaurant, or office.

    View details

    Clay City, KY Restaurants Market Trends and Statistics

    Explore 1 restaurants for sale in Clay City, KY on our real estate platform.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 1

    Demographics Overview

    Population 6,156
    Population Growth (5Y) +28.7%
    Median Household Income $38,081
    College Educated 20.2%

    High-Yield Neighborhoods for Investment

    Identify Clay City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    40312 $216.7K

    Taxes & Financing

    Tax Rate (average for all types) 0.79%
    Property Tax per SF $13.30 per SF
    Tax Rate vs County Average 0.06 pp below county avg
    Average Loan-to-Value 65.0%

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