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    137 N Main Street

    Williamstown, KY 41097
    • $199,000
    • STATUS: Active
    • ON SITE: 14 days
    • MLS #: 20023632
    UPDATED: 45 min ago
    $199,000
    • 0
      BEDS
    • 0.08
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1936
    County:
    Area:

    School Ratings & Info

    Description

    Property located in downtown Williamstown in the heart of a reviving business district. Recent business transformations are making the area more appealing to the numerous visitors from the nearby Ark Encounter. In this newly renovated building is an ongoing business concern at street level, with room for another in the rear of the building. Previous owner has invested over $60,000 in the building, and in doing so has transformed the entire second floor into a very successful airbnb operation. In the three months this 3 bedroom, 2 full bath unit has been in operation, it has averaged over $3800 per month in rental income. The pictures above show the beauty of what a successful rental looks like when it is located within walking distance of everything downtown Williamstown offers, now and in the future. The rental is turnkey as everything you see in the upstairs photos stays with the unit. There is also room in the lower level for a 4th business. It's all here waiting for a new owner.

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    The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than Robin Jones Group | Keller Williams Legacy Group are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.
    www.sellkentucky.com/homes/111838960
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    137 N Main Street Williamstown, KY 41097

    • Price: $199,000
    • Status: Active
    • Updated: 45 min ago
    • MLS #: 20023632
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.08
    Acres
    1936
    Built
    Neighborhood:
    Downtown
    County:
    Grant
    Area:
    Grant County
    Property Description
    Property located in downtown Williamstown in the heart of a reviving business district. Recent business transformations are making the area more appealing to the numerous visitors from the nearby Ark Encounter. In this newly renovated building is an ongoing business concern at street level, with room for another in the rear of the building. Previous owner has invested over $60,000 in the building, and in doing so has transformed the entire second floor into a very successful airbnb operation. In the three months this 3 bedroom, 2 full bath unit has been in operation, it has averaged over $3800 per month in rental income. The pictures above show the beauty of what a successful rental looks like when it is located within walking distance of everything downtown Williamstown offers, now and in the future. The rental is turnkey as everything you see in the upstairs photos stays with the unit. There is also room in the lower level for a 4th business. It's all here waiting for a new owner.
    Exterior Features

    Construction BrickConcreteOther Dock Doors 1 Docks 1 - 3 Docks Drive In Doors 0 Lot Expansion Potential No Lot Expansion Sq Ft 0 Parking 6 - 10 Spaces Railroad Siding No Roof Type Tar/GravelRubberMembrane Stories Three

    Interior Features

    Ceiling DrywallOther Elevator Capacity 0 Flooring WoodTile/BrickConcreteOther Floors Serviced 0 Miscellaneous Air Conditioning100/200 Amp Restrooms Mens 0 Restrooms Womens 0 Sq Ft Building 2520 Sq Ft Common Area 0 Sq Ft Gross Leasable 0 Sq Ft Office 0 Sq Ft Retail 0 Sq Ft Warehouse 0 Water Heater Size 0

    Property Features

    Adv License And Permit 0 Annual Rent 0 Building Expansion Potential No Building Expansion Sq Ft 0 Cash Flow Before Tax 0 Ceiling Height 0 Credit Losses And Vacancy 0 Current Zoning Commercial Documents On File Other Electric 960 Elevator Services 0 Fuel Expense 620 Gas Pipe Size 0 Gross Operating Income 0 Gross Scheduled Rent Income 7000 Inground Tank No Janitorial Services 2862 Land Lease 0 Lawn Services 0 Less Operating Expense 0 Net Operating Income 0 Occupancy 0 Occupant Type Tenant Other Income 11625 Payroll 0 Personal Property Taxes 0 Possession Close Of Escrow Property Insurance 2400 Property Management 2454 Property Subtype1 Business Property Subtype2 Mixed Use Property Subtype3 Other Real Estate Taxes 2100 Repairs And Maintenance 621 Rubbish Services 0 Sale Or Lease Includes BuildingsLandFurnitureEquipment Sewer Sewer Connected Sewer And Water 550 Sprinklers None Tax Rate 17.90 Per Thousand Telephone 0 Tenant Pays ElectricGasWaterSewerTrash Removal Terms Sale Total Annual Debt Service 0 Total Gross Income 18625 Total Operating Expense 12846 Trade Name Use Retail And Airbnb Use Utilities On Site Electricity ConnectedNatural Gas AvailableWater ConnectedTelephone Water Pipe Size 0

    Listing provided courtesy of Dennis Kenner of Re/Max Creative Realty. Listing information © 2020 LBAR Multiple Listing Service. All rights reserved.
    The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than Robin Jones Group | Keller Williams Legacy Group are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.
     
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    Richmond KY, 40475