Melbourne KY Commercial for Sale

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Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
2.08 Acres
Baths:
MLS#:
612084

ADDITIONAL INFORMATION

So much potential on this 2 acre investment property. Established bar is ready for your updates. Here's your chance to own your own bar! Spangler's Bar has plenty of seating, room for band and dancing. Seller holds 4 types of alcohol licenses. Large outside area with horseshoe pits and overhead lights. Live upstairs in the bdrm apt or lease it out. Two pool table rooms (pool tables, bowling game, table games, ATM, jukebox, and cigarette machine are leased) Full Basement with a Garage. Mobile home is on a land lease.

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Andrea Conner, License 221773, Xome Inc., License 239054, [email protected], 844-400-XOME (9663), 1795 Alysheba Way Suite 1202 Lexington, KY 40509


The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Northern Kentucky Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than the owner of this site are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. The broker providing the data believes the data to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. Copyright 2024 Northern Kentucky Multiple Listing Service, Inc. All rights reserved.



Melbourne Real Estate

The median home value in Melbourne, KY is $190,000. This is lower than the county median home value of $238,300. The national median home value is $338,100. The average price of homes sold in Melbourne, KY is $190,000. Approximately 80.46% of Melbourne homes are owned, compared to 8.62% rented, while 10.92% are vacant. Melbourne 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 Melbourne real estate agent to arrange a tour today!

Melbourne, Kentucky has a population of 499. Melbourne is less family-centric than the surrounding county with 22.77% of the households containing married families with children. The county average for households married with children is 32.72%.

The median household income in Melbourne, Kentucky is $71,528. The median household income for the surrounding county is $65,580 compared to the national median of $69,021. The median age of people living in Melbourne is 55.3 years.

Melbourne Weather

The average high temperature in July is 86.4 degrees, with an average low temperature in January of 22.1 degrees. The average rainfall is approximately 43.2 inches per year, with 16.2 inches of snow per year.

Melbourne Real Estate Market Conditions

  • Median sales price

    $190,000
    15.5% change since last quarter
  • # Active listings

    4
    30-day change

Melbourne Schools and Demographics

Education near Melbourne, KY

Metric City County
High School Graduates 90.63 93.01
College Degree - 2 year 6.51 8.56
College Degree - 4 year 35.68 38.71
Graduate Degree 13.54 10.07
Expenditures per Student 14,366 14,366
Students per Teacher 14.8 14.8

Elementary Schools near Melbourne, KY

School Grades Students P/T Ratio ZIP
Campbell Ridge Elementary School PK - 05 654 15.8 41001
Crossroads Elementary School PK - 05 592 15.4 41076
Donald E. Cline Elementary School PK - 05 377 16.8 41076
Grant's Lick Elementary School PK - 05 297 15.3 41001
John W. Reiley Elementary School PK - 05 406 15.4 41001
Johnson Elementary School PK - 05 427 18.6 41075
Moyer Elementary School KG - 05 519 17.9 41075
Woodfill Elementary School KG - 05 405 17.1 41075

Middle Schools near Melbourne, KY

School Grades Students P/T Ratio ZIP
Campbell County Middle School 06 - 08 1,041 17.5 41001
Highlands Middle School 06 - 08 730 19 41075

High Schools near Melbourne, KY

School Grades Students P/T Ratio ZIP
Campbell County High School 09 - 12 1,570 19.3 41001
Highlands High School 09 - 12 972 17.2 41075

Ungraded Schools near Melbourne, KY

School Grades Students P/T Ratio ZIP
* Campbell County Day Treatment 07 - 12 25 10.2 41001
Campbell County Area Technology Center UG - UG 0 41001
North Campbell Tech UG - UG 0 41076
Northern KY Tech - Highland Hts UG - UG 0 41076
Silver Grove School PK - 12 179 9.9 41085

Demographics near Melbourne, KY

Metric City County
Neighborhood Type Small town
Population 499 93,023
Population Density 591 615
Median Age 55.3 38.1
People per Household 2.7 2.4
Median Household Income 71,528 65,580
Average Income per Capita 26,266 38,404