Sold for
$70,000
200 W Shelby Street, Falmouth, KY 41040
- 6,856
- sqft
- 0.09
- acres
- Business
- Property type
- 0.09 acres
- Lot size
- $10
- Price / sq ft
Listing Description
This large commercial building has been a fixture in downtown Falmouth for decades. The same family has owned the building since 1969. Over time, the building has housed many successful businesses. The second floor has been used as rental apartments and additional storage space for the businesses on the lower level. The options for mixed use are unlimited with the potential to have up to 4 businesses on the lower level and 4 apartments of various sizes on the upper level. With modifications, the potential is there for 2 - 1700'+ business units on the lower level. The projected rent factors with updated leases is between $2,500 - $3,000 per month. All current leases are on a month-to-month basis. At 6856' square feet (3428' on each level) the options are many.
Listed by RE/MAX Creative Realty · sari.lawrence@remax.net
MLS #24010679 · Listing provided by
Shelby & Drake JohnsonFive Pillars Team · eXp Realty
Home Details
- Property type
- Business
- Lot size
- 0.09-acre lot
- Price / sq ft
- $10 / sq ft
Interior
- 0 bathrooms
Property
- Business
- 6,856 sq ft
- 0.09-acre lot
Construction
- Other
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Exterior & parking
- Roof
- Other
- Parking features
- Off Site
Services Availability
- Internet
- Not reported
- Utilities
- Not reported
- Parking
- Off Site
Property & Price History
| Date | Event | Price |
|---|---|---|
| Jul 9, 2024 | Sold | $70,000 |
| May 28, 2024 | Listed for sale | $99,000 |
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Property Documents
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Shelby & Drake JohnsonFive Pillars Team · eXp Realty