Downtown Mixed-Used Building - Former Woodford Hotel

Multi-Family for Sale
Sale Pending/Contingent
Catylist Listing ID: 30515394
Property Subtypes: Mixed Use
Status: Pending/Contingent
Number of Units: 8 Units
Building Size (RSF): 14,298 SF
Gross Building Area: 16,948 SF
Gross Land Area: 0.28 Acres
Sale Price: $785,500
Unit Price: $98,187.50 Per Unit
Property Use Type: Investment
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 10/7/2020

Overview / Comments

We are pleased to present a +/- 14,298 SF mixed-use building located in downtown Versailles, KY. Situated on Main Street in the Versailles Historic District, surrounding buildings include the Woodford County Court House, Woodford Public Library, Community Trust Bank, retailers, restaurants and office space. Built in 1881 as the "Woodford Hotel", the building now consists of retail space & small offices on the first floor and four 1-bedroom apartments on the second and third floors. Tenants include Thrivent Financial, Moxie Style Studio, and Farris's Salon. Located 1.1 miles away from the main commercial corridor.

Attachments & Media

Additional Details

Nearest MSA: Lexington-Fayette
County: Woodford
Tax ID/APN: 30-5005-010-00
Zoning: B-2
Percent Occupied: 100%
Parking Type: Surface
Total Parking Spaces: 8
Passenger Elevators: 1
Laundry: Shared

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,690 15,604 21,142
Median Age: 38.78 39.86 40.58
Households: 624 6,114 8,312
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