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$499,500   Price Analysis
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515 N Dixie Hwy
Cave City, KY 42127
0 bed 0 bath 5,550 SqFt ($90/SqFt)
0.5 acre lot. Built 2001
Listed 2024-03-06
USDA Eligible
near Cave City, KY
 Restrictions may apply
due to home size

Welcome to your next business adventure!

This property offers approx .50 acre (pending a survey), a car wash and storage units. This multi-income producing property has 2 storage unit structures with a combined total of 28 10x10 units currently rented at $45 per month per unit, totaling $1260 per month and $15, 120 per year. All units are rented with a waiting list.

There is also a shed on the lot tht currently rents at $125 per month as a large storage unit with 572 sq ft. The yearly income is $1500. There are no utilities on the unit at this time. The carwash was built in 2001 with 2058 sqft. is currently not in use. It was purchased in 2020 with a 15 year non-compete for the carwash business. The current owner had plans to make it into more storage units for this time period for use of vehicles or boat storage.


Presented by Alexis Yates at
Exp Realty Llc.


Property MLS #SC45332 from Glasgow

Bedrooms: 0
Primary Bedroom Level: Main

Total Bathrooms: 0 / 0

Door Features: Wood Frame
Flooring: Concrete

Exterior Lights

Driveway: Driveway-Concrete
Garage Features: Garage Detached

Lot Size Acres: 0.5
Lot Size Square Feet: 21780

Elementary School: Caverna
High School: Caverna
Middle School: Caverna

Caverna Elementary School is a public elementary school located approximately 0.6 miles away.
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Caverna High School is a public high school located approximately 1.1 miles away.
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Caverna Middle School is a public middle school located approximately 1.1 miles away.
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Source Listing Status: Active
County: Barren
Directions: Follow GPS
Source Property Type: Residential/Farm
Area: Barren County
Property Location: Highway Frontage
Property Subtype: Single Family
Source System Name: C2C

Listed 2024-03-06
$499,500
Glasgow

Year Built: 2001
Construction Materials: Vinyl
Foundation Details: Poured Concrete
Property Age: 23
Roof: Metal
House Style: Traditional
Total Above Grade Sqft Area: 5550

Accessibility Features: Level Lot

Sewer: Sewer
Electric
Water Source: City
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.