The subject property is a two story, 31,833 SF mixed use development in Hazard, Kentucky. The offering is comprised of 2 buildings with 14 residential units and 4 commercial, situated on approximately 1.41 acres. The property is being sold as-is, where-is. This is a great opportunity for an owner investor or contractor looking to occupy part of the space and lease out the rest. This property is in receivership and is subject to Order(s) entered in that certain civil action Case No. 24-CI-00015. Receiver is seeking to sell the property the terms and conditions thereof are subject to prior Court approval. Any purchaser expressly understands, acknowledges and agrees that any conveyance of the property shall be made by the Receiver to any purchaser on an ''as is, where is'' basis, and ''with all faults,'' and such purchaser acknowledges that purchaser has agreed to buy the property in its present condition and that purchaser is relying solely on its own examination and inspections of the Property. Per applicable laws and regulations, the Receiver, Mark Rubin, is also a licensed Broker for Urban Groupe, the listing company for the Property.
The median home value in Hazard, KY is $232,000. This is higher than the county median home value of $85,100. The national median home value is $338,100. The average price of homes sold in Hazard, KY is $232,000. Approximately 51.11% of Hazard homes are owned, compared to 38.33% rented, while 10.56% are vacant. Hazard real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Hazard real estate agent to arrange a tour today!
Hazard, Kentucky has a population of 5,236. Hazard is less family-centric than the surrounding county with 14.9% of the households containing married families with children. The county average for households married with children is 24.32%.
The median household income in Hazard, Kentucky is $55,543. The median household income for the surrounding county is $40,577 compared to the national median of $69,021. The median age of people living in Hazard is 40.8 years.
The average high temperature in July is 86.2 degrees, with an average low temperature in January of 24.1 degrees. The average rainfall is approximately 45.7 inches per year, with 13.3 inches of snow per year.