Prime Bardstown Retail + Profitable AirBnB

Retail-Commercial for Sale
Catylist Listing ID: 30801930
Property Subtypes: Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 5,040 SF
Gross Building Area: See Agent
Sale Price: $2,000,000
Unit Price: $396.83 PSF
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Last Updated: 9/16/2022

Overview / Comments

Prime Commercial Real Estate which sits in the heart of the Bourbon Capital of the World, Bardstown, KY on the cities Downtown Main Street, which is the epicenter of all things Bardstown and Bourbon. In close proximity to 17 (and counting) distilleries that attract nearly a million tourists annually. There are also two different $200 million developments (The Stoli Group and Heaven Hill) under construction in the area with expected openings in 2025 and 2024. Additional distilleries, hotels, schools, medical offices, and AirBnB's are just a few of more development currently under construction within the hotbed bourbon country.

AirBnB – Bullitt’s Loft on the 2nd floor is home to Bardstown’s premier AirBnB. This freshly finished, New York Penthouse style 2-Bedroom, 2-Bath with Laundry Room and Entertaining Kitchen and 500sq. ft. Great Room sleeps 7 and entertains 50. This downtown treasure is perfect for wedding receptions, private parties, honeymooning and all travelers. It rents for $299 per night with a 3-night minimum stay. Guests staying during special events in Bardstown (The Kentucky Derby, Bourbon Festival, Arts and Crafts Festival, Street Concert, etc.) pay a premium stay fee of $999 per night with a 3-night minimum stay. Guests also pay the cleaning fee.

Additional Details

Nearest MSA: Bardstown
County: Nelson
Tax ID/APN: 45E00-13-006
Zoning: COMMERCIAL
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention
Property Located Between: West Flaget Ave & North 3rd Street
Property Visibility: Excellent
Largest Nearby Street: N 3rd St.
Traffic/Vehicle Count: 16,234
Airports: Louisville Muhammad Ali International Airport
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Excellent
Year Built: 1900
Year Renovated: 2021
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,235 12,972 23,015
Median Age: 43.44 35.61 36.77
Households: 1,817 5,224 9,071
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