107 E Main Cross St, Greenville, KY 42345

The property is being offered at a significantly reduced price due to interior damage sustained to portions of the second floor during a prior roof replacement project. The roof itself has been replaced and is currently watertight and functioning as intended; however, the interior repairs to the affected second-floor area were not completed following the project, and insurance resolution was not obtained. The property is therefore being offered as-is, which is reflected in the current asking price.

Currently, 1st floor is unoccupied, however, owner has multiple lease offers from local businesses and has historically generated $36,000-$48,000 annualized. 2nd floor is also vacant but recently rented 100% to a local business providing housing for employees. 2nd floor previously generated $12,000/year, far below fair market value and was expected to increase to $24,000/year.

Seller is highly motivated, all offers will be reviewed.

Property Description:

Prime Investment Opportunity in One of Kentucky's Top Small Towns!

Welcome to your next great investment! Nestled in the heart of one of Kentucky's top 10 small towns, this commercial property offers a unique blend of business potential and residential comfort. Located on a bustling main street, this property enjoys high visibility and foot traffic, making it an ideal spot for a variety of businesses.

Key Features:

· Commercial Space: The ground floor boasts a spacious 4800 sqft, well-maintained commercial area perfect for a restaurant with a new $42K exhaust ventilation system, new hardwood floor, retail store, boutique, or professional office. Large display windows, 15 ft ceilings, and ample natural light create an inviting atmosphere for customers. Fire Marshall rated for 120 people. All new electrical in 2015. The open layout allows for flexible use and easy customization to suit your business needs. Hard wood flooring replaced in March 2026.

· Apartment Living: Above the commercial space is 3000 sqft charming, 7 apartments. This residential unit offers a comfortable living area with modern amenities, including a kitchen, 2 bathrooms, and 7 bedrooms. Ideal for an owner-operator looking to live and work in the same space or as a rental opportunity to generate additional income. Recently replaced (2) 4 Ton HVAC system.

· Location, Location, Location: Situated in a small town renowned for its community spirit, safety, and picturesque surroundings, this property is just a short drive from major cities in Kentucky. The town’s thriving local economy, coupled with its appeal as a tourist destination, ensures steady business traffic and a vibrant living environment.

· Potential for Growth: With the town’s growing popularity, there’s ample opportunity to expand or diversify your investment. Whether you’re looking to establish a new business or add to your real estate portfolio, this property offers limitless possibilities.

For Sale By Owner

Please reach out to [email protected] or 913-485-5976 with questions and/or offers.