107 Main StCampbellsville, KY 42718

For Sale
$425,000

Prime Mixed-Use Building, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional 13,360 square foot mixed-use building, constructed in 1940, is situated at 107 E Main Street in historic downtown Campbellsville, Kentucky (zip code 42718). The property features a two-story structure with a permitted commercial zoning designation. Currently, the building houses two tenants generating a combined monthly rent of $1,700, occupying the rear portion of the building. A significant opportunity exists with a vacant 2,000 square foot storefront space on Main Street, offering potential rental income of $1,500 to $2,000 per month. This space is easily divisible into two separate rental units, given its two existing entrances. The unfinished second floor presents substantial development potential, encompassing two large front spaces ideal for businesses or event venues, and a rear area suitable for conversion into three residential condominiums. The building also includes a garage and three bathrooms. This property represents a unique investment opportunity in a vibrant downtown location, offering a blend of existing income and significant upside potential through lease-up and redevelopment of the vacant and unfinished spaces. The building's historic character and prime location provide a strong foundation for future growth and profitability.

Highlights

  • 13,360 SF mixed-use building in historic downtown Campbellsville, KY (42718).
  • Two-story structure with permitted commercial zoning.
  • Currently generates $1,700/month in rent from two tenants.
  • Vacant 2,000 SF Main Street storefront with potential rent of $1,500-$2,000/month, divisible into two units.
  • Unfinished second floor offers development potential for businesses, event venues, or residential condos.
  • Includes garage and three bathrooms.

Property Details for 107 Main St

Property type
Other retail properties, Individual retail properties
Square Feet
13,360 SF
Year Built
1940
Buildings
1
Stories
2

Location Insight

City
Campbellsville
County
Taylor
State
Kentucky
Latitude
37.3408724
Longitude
-85.344858
107 Main St, Campbellsville, Kentucky

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107 Main St
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