$599,000

202 W. Main St

Lebanon KY, 40033

Description

All you investors & entrepreneurs need to take note of this real estate bargain priced way, way, way less than the February 23, 2017 appraised value! This beautiful building is located at the busy intersection of W. Main Street & S. Proctor Knott Avenue in bustling downtown Lebanon! The current owners have other business interests taking much of their time...That gives you the opportunity to take advantage of this outstanding investment opportunity at a bargain price! It is being offered as a complete walk-out...You get it all...The totally renovated, remodeled & updated building including 7 rental units...Plus all the restaurant contents, inventory & equipment! Note: The 7 apartment units are prime to be used as AIRBNB rentals with Maker's Mark & the Bourbon Trail close by bringing tourists from all over the world! Let's face it...With all that Lebanon has going on we need another good restaurant downtown and this is the perfect location offering everything you need to get started! The rental income from the apartments will go a long way towards servicing the debt. Are you the one to unlock the potential of this gem of a building?

Details

MLS#10545720
StyleIndustrial
Sub-TypeResale
StatusActive
Year0
Days On Site424

Features

SQ Feet14,721
Story(s)0

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Area Information

StateKY
CityLebanon
Zip Code40033
Listing VS Median (in 40033)
Price:
$599,000
low | high
Med:
$141,400
100% of Average
SqFt:
14,721
low | high
Med:
1,767
100% of Average
$ / SqFt:
$41
low | high
Med:
$80
46.663312651817% of Average
On Site:
424
low | high
Med:
205.5
100% of Average
Listing Updated: 12/09/2019
MLS Number: 10545720
Listing Provided By:
Charles Lancaster, Jr  of  The Lancaster Agency Inc