Commercial Listing

For Sale

Cave City Pizza and Income Producing Rentals

206-210 Broadway Street, Cave City, KY 42127
$595,000

Explore the unparalleled investment potential of this remarkable commercial property in Cave City, KY. Encompassing an impressive 8, 527 SF building with 4 fully leased units, this income-generating asset presents an enticing opportunity for retail and restaurant investors. Originally established in 1930's and thoughtfully revitalized in 2021, the property harmoniously marries historic allure with modern functionality. Boasting commercial zoning and situated within the Cave City historic downtown area, this high-occupancy property offers a strategic and lucrative proposition for investors seeking a solid foothold in a dynamic market. Seize the opportunity to elevate your retail or restaurant venture with this fully-occupied, income-producing gem. Cave City Pizza Going Concern included in the list price. 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.

Highlights:
• 8,527 SF building
• 4 apartment units leased on 2nd floor
• Built in 1930's
• Renovated in 2021
• Commercial zoning
• Located in Cave City historic downtown
• 100% occupancy and Going Concern included

Property type
Retail
Building size
8,527 SF GLA
Lot size
0.18 acres
Year built
1930
Floors
2
Occupancy
100%
Zoning
Commercial
Cap rate
45.96%
NOI
$273,460