Prime Commercial Opportunity Former Rite Aid Pharmacy Location: 343 N Wallace Wilkinson Bvld (Hwy 127 South) Liberty, KY 42539 Property Type: Freestanding Commercial / Retail / Medical / Office Building Size: 11,180± SF Lot Size: 1.71± Acres #Executive Summary Positioned in the heart of Liberty's high-traffic commercial business district, this premier 11,180 square-foot freestanding commercial building offers unmatched visibility and versatility. Formerly operating as a highly successful Rite Aid pharmacy, the property features a modern, open-concept layout that is fully ready for its next owner. Sitting on a generous 1.71-acre lot directly on the highly traveled U.S. Highway 127 South corridor, this is an exceptional investment opportunity for an owner-user or a savvy developer looking to capitalize on a prime central Kentucky location. #Unmatched Versatility & Property The building's flexible footprint is uniquely structured to support a wide range of commercial applications. Whether you are looking to launch a single-tenant venture or reposition the asset for strong passive income, this property is ideally suited for: High-Volume Retail: Capitalize on the open floor plan, prominent building frontage, and high-visibility signage opportunities. Medical or Urgent Care Facility: The property's clean layout can easily adapt to regional medical clinics, physical therapy centers, or dental practices requiring accessible community placement. Professional Office Headquarters: Perfect for corporate, legal, or administrative operations looking for a commanding regional presence. Multi-Tenant Commercial Conversion: Easily retrofitted or sub-divided into a multi-unit strip or professional plaza to maximize rental yields. #Infrastructure & Site Amenities Built to handle heavy daily consumer traffic, (9500 vehicles per day per '23 data) the site boasts premium infrastructural advantages: Drive-Thru Lane: Features an established, highly visible drive-thru windowa massive asset for modern retail, pharmacy, fast-casual dining, or medical drop-off needs. Ample Parking & Superior Access: A large paved parking lot and 2 commercial entrances provide excellent ingress/egress for customers and staff alike, easily accommodating peak-hour traffic. Complete Utility Connectivity: Fully equipped with dependable city services, including natural gas, electric, city water, and city sewer. This property offers a unique opportunity to own a prime piece of highly improved real estate on Hwy 127 in Liberty.
| MLS # | 26013148 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1998 |
| Days On Site | 78 |
| Listing Provided By | Weichert Realtors Ford Brothers - Lancaster | Cliff-Ed Irvin |
| SQ Feet | 11,180 |
|---|---|
| Building(s) | 1 |
| Zoning | Other |
| Acreage | 1.72 |
| Cooling | Central Air |
|---|---|
| Heating | Forced Air, Natural Gas |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Roof | Flat |
|---|---|
| Security Features | Security System Leased |
| Construction Materials | Block |
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | On Site, Paved |
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Underground Utilities |
|---|---|
| Sewer | Public Sewer |
| Electric | 200+ Amp Service |
| State | KY |
|---|---|
| County | Casey |
| City | Liberty |
| Zip Code | 42539 |
| Area | 025 Casey County |
| Subarea | Casey County |
| Community Name | Commercial |
| Listing VS Median (in Commercial) | |
Price: $1,300,000 low | high Med: $30,000 sqft: 11,180 low | high Med: 1,423 $ / sqft: $116 low | high Med: $29 On site: 78 low | high Med: 150 | |
| State | KY |
|---|---|
| County | Casey |
| City | Liberty |
| Zip Code | 42539 |
| Area | 025 Casey County |
| Subarea | Casey County |
| Community Name | Commercial |
| Listing VS Median (in Commercial) | |
Price: $1,300,000 low | high Med: $30,000 sqft: 11,180 low | high Med: 1,423 $ / sqft: $116 low | high Med: $29 On site: 78 low | high Med: 150 | |