Investment Opportunity at 720 Main Street! Looking for a great investment property with income already in place? 720 Main Street offers a unique opportunity with a beautifully renovated two-story brick building featuring a spacious storefront and two 2-bedroom apartments on the second floor. In 2020, the building underwent a major renovation, inside and out, bringing new life to this property while preserving many of its original character features. Improvements include a new roof, HVAC, plumbing, and electrical systems, along with new drywall throughout much of the building. The majority of the original hardwood floors were brought back to their natural beauty, and the impressive tall ceilings were exposed throughout approximately 80% of the building. The large downstairs storefront is currently rented, providing immediate income, while the two upstairs apartments offer additional rental potential. The storefront also features a private, grassed garden area in the back, providing a peaceful outdoor space and a wonderful bonus for the property. With the extensive renovations already completed, there is truly nothing left to do but enjoy the possibilities this property has to offer! 48-hour notice is required for all showings. Don't miss this opportunity to own a beautifully renovated historic-style brick building with multiple income-producing possibilities!
| MLS # | 26023992 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 9999 |
| Days On Site | 8 |
| Listing Provided By | Thwaites Realtors LLC | Donna A Thwaites |
| SQ Feet | 2,000 |
|---|---|
| Basement | Y |
| Building(s) | 1 |
| Zoning | C |
| Acreage | 0.04 |
| Cooling | Electric |
|---|---|
| Heating | Forced Air |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Roof | Rubber |
|---|---|
| Construction Materials | Brick |
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | On Street, None |
| Utilities | Electricity Available, Natural Gas Available, Sewer Available, Water Available |
|---|---|
| Sewer | Public Sewer |
| State | KY |
|---|---|
| County | Bourbon |
| City | Paris |
| Zip Code | 40361 |
| Area | 006 Bourbon County |
| Subarea | Bourbon County |
| Community Name | Downtown |
| Listing VS Median (in Downtown) | |
Price: $349,900 low | high Med: $225,000 sqft: 2,000 low | high Med: 7,444 $ / sqft: $175 low | high Med: $96 On site: 8 low | high Med: 108.5 | |
| State | KY |
|---|---|
| County | Bourbon |
| City | Paris |
| Zip Code | 40361 |
| Area | 006 Bourbon County |
| Subarea | Bourbon County |
| Community Name | Downtown |
| Listing VS Median (in Downtown) | |
Price: $349,900 low | high Med: $225,000 sqft: 2,000 low | high Med: 7,444 $ / sqft: $175 low | high Med: $96 On site: 8 low | high Med: 108.5 | |
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