119 Kit Cowan

    Somerset, KY 42501
    • $425,000
    • STATUS: Active
    • ON SITE: 38 days
    • MLS #: 1825327
    UPDATED: 52 min ago
    $425,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1999
    County:

    School Ratings & Info

    Description

    First time ever on the market! Located just off Hwy. 27 this proven money maker has a combination of both residential and commercial space. There are 4 residential units, most of which have long term tenants. In addition, there are two retail units that could easily be converted into three. The retail store has a proven sales success producing more than a million dollars in sales in recent years (Business is not included in sale). There is also a large basement that is perfect for storage or could easily and inexpensively be turned into more residential space. Property alone in this area can run more than the list price of this property with its nearly 5,000 square foot building. To build a similar building in a location like this in this area could run hundreds of thousands more! This is a once in a lifetime opportunity!

    Monthly Payment Calculator

    The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than Better Homes and Garden Real Estate Cypress are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.
    www.lexingtonkyhomesearch.com/homes/89239208

    119 Kit Cowan Somerset, KY 42501

    • Price: $425,000
    • Status: Active
    • Updated: 52 min ago
    • MLS #: 1825327
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1999
    Built
    Neighborhood:
    Commercial
    County:
    Pulaski
    Area:
    Pulaski County
    Property Description
    First time ever on the market! Located just off Hwy. 27 this proven money maker has a combination of both residential and commercial space. There are 4 residential units, most of which have long term tenants. In addition, there are two retail units that could easily be converted into three. The retail store has a proven sales success producing more than a million dollars in sales in recent years (Business is not included in sale). There is also a large basement that is perfect for storage or could easily and inexpensively be turned into more residential space. Property alone in this area can run more than the list price of this property with its nearly 5,000 square foot building. To build a similar building in a location like this in this area could run hundreds of thousands more! This is a once in a lifetime opportunity!
    Exterior Features

    Construction Aluminum Dock Doors 0 Drive In Doors 0 Lot Expansion Sq Ft 0 Parking 11 - 20 SpacesPavedGraveled Roof Type Metal Stories Basement

    Interior Features

    Elevator Capacity 0 Floors Serviced 0 Miscellaneous Air Conditioning Restrooms Mens 0 Restrooms Womens 0 Sq Ft Building 0 Sq Ft Common Area 0 Sq Ft Gross Leasable 0 Sq Ft Office 0 Sq Ft Retail 0 Sq Ft Warehouse 0 Water Heater Size 0

    Property Features

    Adv License And Permit 0 Annual Rent 0 Building Expansion Sq Ft 0 Cash Flow Before Tax 0 Ceiling Height 0 Credit Losses And Vacancy 0 Current Zoning Commercial Electric 0 Elevator Services 0 Fuel Expense 0 Gas Pipe Size 0 Gross Operating Income 0 Gross Scheduled Rent Income 0 Janitorial Services 0 Land Lease 0 Lawn Services 0 Less Operating Expense 0 Net Operating Income 0 Occupancy 0 Occupant Type Tenant Other Income 0 Payroll 0 Personal Property Taxes 0 Possession Negotiable Property Insurance 0 Property Management 0 Property Subtype1 Mixed Use Real Estate Taxes 0 Repairs And Maintenance 0 Rubbish Services 0 Sale Or Lease Includes BuildingsLandFixtures Sewer Sewer Connected Sewer And Water 0 Tax Rate Pulaski County 11 Telephone 0 Terms SaleConventional Total Annual Debt Service 0 Total Gross Income 0 Total Operating Expense 0 Utilities On Site Electricity ConnectedWater ConnectedTelephone Water Pipe Size 0

    Listing provided courtesy of Steven Dowell of Realty World Dowell & Associates. Listing information © 2018 LBAR Multiple Listing Service. All rights reserved.
    The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than Better Homes and Garden Real Estate Cypress are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.
     
    Better Homes and Garden Real Estate Cypress
    3221 Summit Square Place, Ste 200
    Lexington KY, 40590
    Client Provided August 6, 2018 --> Google Ads Remarketing: