Cave City Pizza & Income-Producing Rentals
Retail | 8.60% CAP | 8,527 SqFt
Marketing description
Turnkey, Income-Producing Investment in the Heart of Historic Cave City
Discover an exceptional opportunity to own a fully occupied, income-generating commercial property in the thriving tourism hub of Cave City, KY. This 8,527 SF two-story mixed-use building combines classic small-town character with modern updates—offering investors both stability and upside.
Originally constructed in the 1930s and thoughtfully revitalized in 2021, the property features four renovated residential units on the second floor and a fully operating restaurant business—Cave City Pizza—on the ground level, all under commercial zoning within the historic downtown corridor. The restaurant’s going concern is included in the sale price, ensuring immediate cash flow and long-term tenant security.
Strategically positioned just minutes from Mammoth Cave National Park, Kentucky Action Park, and other high-traffic attractions, this property benefits from a constant flow of tourists and locals alike. Its visibility, walkability, and 100% occupancy make it a rare turnkey asset ideal for both first-time and seasoned investors seeking reliable returns in a stable regional market.
Seller will consider a sale of the Going Concern - Cave City Pizza - with all FF&E and full commercial kitchen, with Seller assistance in transition of the business for the first 30 days. Seller will lease the space as a negotiated deal with the purchase of the Going Concern. A purchase option can be negotiated as part of a lease as well. Asking price for the business and FF&E is $150,000. Lease terms negotiable.
Investment highlights
- 📍 Prime Location – Central downtown Cave City, within a high-traffic tourism corridor
- 🏢 8,527 SF Two-Story Mixed-Use Building – 4 leased apartments + ground-floor restaurant
- 💼 Cave City Pizza Business Included – Established tenant and going concern
- 🔄 Renovated in 2021 – Updated interiors, systems, and finishes while preserving historic charm
- 💰 750% Occupancy | 8.6% Cap Rate – Reliable cash-flowing investment
- 🧱 Built 1930 | Commercial Zoning (B-1 Downtown District)
- 🌄 Tourism Draw – Near Mammoth Cave National Park, a top-ranked Kentucky destination
- 🚗 Ample Public Parking and walkable main-street setting
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