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$100,000
3,500 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $28
Subdivision Rural
MLS Listing ID 26000267
Lot Size 0.310 Acres
Acres 0.31
Property Sub-Type Mixed Use
Property Description
Investor Special who's looking for a Value-Add Opportunity with a Strong ARV Rare opportunity to reposition a former church (could easily be converted back to a church if desired) with substantial square footage and multiple exit strategies. This 2,250 sq ft main-level property has already been largely converted into a 4-bedroom, 1.5-bath layout, featuring a bonus room, office, and family room — all on one level. Laundry is conveniently located on the main floor and could easily function as a shared common area for future multi-tenant use. The property includes a separate electric meter for the upper level and a 1,250 sq ft unfinished basement, offering excellent potential to add additional bedrooms, expand living space, or convert the property into a duplex or multi-unit investment. The basement is a true blank canvas, ideal for maximizing value and rental income. Renovations on main floor have been started but not completed, allowing the next owner to customize layouts and finishes in select areas upstairs while unlocking significant upside below. HVAC infrastructure is in place with ductwork already run; the fuel oil system will need repair or replacement, but the setup appears ready for straightforward installation of new indoor and outdoor units. According to a recent appraisal, ARV exceeds $215,000.00 presenting a clear opportunity for investors seeking equity creation, BRRRR potential, or a long-term buy-and-hold. With strong bones, flexible configuration options, and substantial square footage, this property is well-suited for experienced investors or owner-occupants looking to add value. Sold as-is. Bring your vision and capitalize on this unique value-add opportunity.
Location
State KY
County Lincoln
Zoning Other
Rooms
Basement Full, Walk Out Access, Walk Up Access
Interior
Heating Ductless
Cooling Ductless
Exterior
View Y/N N
Roof Type Metal
Handicap Access No
Private Pool No
Building
Sewer Septic Tank
Others
Pool YN No
Handicap Accessible YN No
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Listed by Keller Williams Commonwealth - Stanford
Nearby School & Business
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