9695 Elizabethtown RdBig Clifty, KY 42712

For Sale
$750,000

Thriving KY business & real estate

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a 10,800 sq ft commercial property in Big Clifty, KY, encompassing three buildings on nearly 10 acres. Built in 2007, this Class B property currently operates as a successful going concern, offering a strong 100% occupancy and a substantial $200,000 NOI, with a pro-forma NOI of $250,000, resulting in a compelling 26.67% cap rate (33.33% pro-forma). The asking price is $750,000, translating to $69.44 per square foot. The property includes all necessary improvements and FF&E to continue operations immediately upon closing. Inventory will be added to the sale price at closing, with a mutual agreement on count and pricing between buyer and seller. A small orchard is also present on the property. This prime location in Grayson County offers easy access to popular attractions like Rough River Dam State Resort Park and Rough River Lake, providing a strong customer base for retail or specialty center ventures. Financial details are available to qualified buyers under a confidentiality agreement. This is a rare chance to acquire a profitable, established business with significant growth potential and substantial real estate holdings.

Highlights

  • Three 2007-built buildings totaling 10,800 square feet.
  • Established business included in asking price; financials available under NDA.
  • Long-standing, thriving farm and country store.
  • Versatile space ideal for various retail or specialty uses.

Property Details for 9695 Elizabethtown Rd

Property type
Other retail properties, Retail properties
Square Feet
10,800 SF
Class
B
Year Built
2007
Buildings
3
Stories
1
Lot Size (sq. ft)
415,127 SF
Units
1

Location Insight

City
Big Clifty
County
Grayson
State
Kentucky
Latitude
37.5418016
Longitude
-86.1539476
9695 Elizabethtown Rd, Big Clifty, Kentucky

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9695 Elizabethtown Rd
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