343 Main St, Cadiz, KY 42211

$237,000
961
SqFt

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List Price
$237,000
MLS#
26022279
Status
ACTIVE
Type
Commercial
Subtype
Mixed Use
Living Area
961
Lot Size
27,250

Property Description

Welcome to this multi-use income producing commercial property. The property has commercial store frontage on Main Street with a built-in but separate residence facing Lafayette Street, offering excellent flexibility for commercial, residential, or investment use. This property features three separate or combined rental opportunities, including an approximately 1,000-square-foot one- or two-bedroom, one-bath residential unit with a living room, full kitchen, utility area, and full upstairs with additional possibilities. The approximately 500-square-foot commercial storefront features large glass-front windows, an office area, and a half bath and is currently leased to a beauty salon with a long-term 15-year tenant. Additionally, the property includes a 24' x 40' two-bay insulated shop/garage with an office and Main Street frontage, which previously operated successfully as a quick-lube business for many years. This is an excellent opportunity for an owner-occupant, investor, or business owner seeking multiple income-producing spaces and flexible usage options. The Main Building was completely rebuilt in 2006 with all new Electric inside and out to include underground service and 200 amp main panel; all new Plumbing, all new Mechanical; all new Insulation, Wall Coverings and exterior Log and Stone Siding. The main building has a newer American Standard HVAC system and new Owens Corning Duration high performance shingle roof. This commercial area has beautiful hardwood maple floors with interior tongue and groove wall and ceiling covering along with heavy timber accent beams. The residential side has carpet and luxury vinyl plank flooring along with drywall wall and ceiling covering. The windows are anderson 400 series high performance units all around. This property features a very nice, large exterior advertising sign right on Main Street! The sign has electric to it with lighting, a timer and two 5 ft x 1.5 ft programmable led scrolling signs. The shop / Garage has exterior RV receptacles set up for food truck or etc. Additionally, an exterior hot water hydrant is available for car washes or detailing in cold weather. There are so many income stream opportunities with this property! Make sure to view our virtual tours and floor plans of the property. Buyer must be pre-approved to tour the property.

Additional Information

Year Built
1950
Basement
Concrete, Unfinished
Sewer
Public Sewer
Heating
Natural Gas

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Calculator source: Real Geeks

Listing courtesy of The Jeter Group.