421 Main StMcKee, KY 40447

For Sale
$1,200,000

High-Yield, Multi-Tenant Property in McKee

Overview

Added:
Feb 3
Days on market:
39
This exceptional investment opportunity in McKee, Kentucky, presents a diverse portfolio of income-generating properties on a substantial 17.54-acre lot. The property boasts a 98% occupancy rate, demonstrating strong tenant demand and consistent revenue generation. The portfolio includes a mix of residential and commercial spaces, offering a diversified income stream. Residential units consist of one approximately 750-square-foot framed house, one approximately 1200-square-foot brick house, and two second-floor apartments totaling approximately 1560 square feet. A thriving flower shop occupies approximately 1560 square feet of commercial space on the ground floor. Further enhancing the income potential are eight manufactured homes and twenty-eight storage units of varying sizes. Six storage units measure 12x24 feet, twenty measure 10x10 feet, one measures 12x30 feet, and one measures 12x38 feet. A significant asset is the inclusion of a 5000-square-foot building currently occupied by the Catholic Appalachian Project. Note that all square footage is based on PVA records. This established, family-owned and managed business offers a turnkey investment opportunity with significant potential for future growth and expansion. Priced at $1,200,000, this property represents a compelling opportunity for investors seeking a high-yield, diversified portfolio in a stable market.

Property Details for 421 Main St

Property type
Other commercial real estate
Lot Size (sq. ft)
764,042 SF

Location Insight

City
McKee
County
Jackson
State
Kentucky
Latitude
37.4301
Longitude
-83.99725
421 Main St, McKee, Kentucky

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421 Main St
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