Falmouth, KY 41040,200 West Shelby Street
Falmouth, KY 41040,200 West Shelby Street
Falmouth, KY 41040,200 West Shelby Street
7
$70,000
$99,000
29.3%
Est.Price: ?

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6,856 SqFt

200 West Shelby Street Falmouth, KY 41040

SOLD DATE : 07/09/2024

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Kymberly Clem- McCreary

Kymberly Clem- McCreary

+1(859) 248-1142

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $70,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 6,856 sqft

Price per Sqft $10

Subdivision Commercial

MLS Listing ID 24010679

Sold Date 07/09/24

Lot Size 3,920 Sqft

Property 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.

Location

State KY

County Pendleton

Interior

Flooring Other

Exterior

View Y/N N

Roof Type Other

Building

Sewer Public Sewer

New Construction No

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Imagine MLS / Bluegrass Association of REALTORS (LBAR)
Listed by RE/MAX Creative Realty

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agent

Kymberly Clem- McCreary

Team Leader | License ID: 243464

+1(859) 248-1142

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