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31075578
31075587

113 E Office St, Harrodsburg, KY 40330

AW
KY 298775
Tru Life Real Estate
Listed by Tru Life Real Estate
$450,000
85 days on market
Updated 85 days ago

Harrodsburg Discount Tobacco & Vape

Details
APN 100.10-12012.00
Property Type Business for Sale, Mixed Use
Sub Type Business and Building
Square Footage 1,500
Units 1
Cap Rate 4.84%
NOI $21,800
Occupancy 100%
Pro-Forma Cap Rate 4.84%
Pro-Forma NOI $21,800
Price per SqFt $300
Class B
Year Built 1993
Year Renovated 2023
Buildings 1
Stories 1
Lot Size (SqFt) 10,454.4
Zoning Commercial B-3
Investment Type Owner/User
Ownership Full Ownership
Sale Condition Distressed

Downtown Retail Building for Sale | 1,500 SF | B-3 Zoning | Owner-User or Investment Opportunity

Marketing description

Prime commercial opportunity located in the busy downtown district of Harrodsburg. This well-maintained commercial building offers approximately 1,500 square feet of finished space on a 0.24-acre lot with B-3 commercial zoning, providing excellent visibility and easy access.

The property is currently operating as a successful tobacco and vape retail shop and features a bright open interior layout with attractive updated flooring and recessed lighting, creating an inviting retail environment. The building also includes two handicap-accessible bathrooms, a private office, storage space, and a security system.

Major updates include HVAC/furnace, water heater, plumbing upgrades, replaced insulation, and two electrical panels providing 400-amp service, offering reliable infrastructure for a wide variety of commercial operations.

Thanks to the flexible zoning and strategic location, the property is well suited for retail, market, restaurant, office, medical clinic, or service businesses, while also presenting potential redevelopment opportunities for investors or developers.

With continued growth in Mercer County and increased activity from the local campus of Campbellsville University, this property provides a compelling opportunity for both owner-operators and commercial investors seeking a well-located downtown asset.

Investment highlights

Strategic Downtown Location
Located within the primary commercial corridor of Harrodsburg with strong visibility and daily traffic exposure.

Flexible B-3 Commercial Zoning
Permits a wide range of uses including retail, convenience store, restaurant, professional office, medical clinic, and service businesses.

Turn-Key Retail Space
Approximately
1,500 SF of finished space with a bright open layout, updated flooring, and recessed lighting.

Recent Infrastructure Upgrades

  • Updated HVAC / furnace

  • New water heater

  • New plumbing

  • Replaced insulation

  • Dual electrical panels with 400-amp service

Functional Building Layout

  • Two handicap-accessible restrooms

  • Private office space

  • Storage area

  • Full security system

Ample On-Site Parking
Convenient parking enhances accessibility for retail or service-based operations.

Redevelopment Potential
The lot size, zoning, and location may support future redevelopment including
gas station or convenience store concepts (subject to local approvals).

Growing Regional Market
Located in Mercer County, a centrally located community benefiting from expanding industry, tourism growth, and the presence of Campbellsville University.

Listing Contacts

AW
KY 298775
Tru Life Real Estate
Listed by Tru Life Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$21,800.00
$1,816.67/mo

Valuation Metrics

0
DSCR
4.84%
Cap Rate
4.84%
ROI

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Additional Information

Name
Ahmed Weheda
License
298775
Brokerage Phone
(859) 785-1986
Brokerage Address
1406 North Forbes Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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