SALE OR LEASE! This 8865 square foot commercial building is located in a prime central downtown Olive Hill location on US Hwy 60 (Tom T Hall Blvd) with office space, 2 restrooms, stock room, loading area, storage loft, paved parking lot with 26 marked spaces, gas heat, central air, remodeled in 2010. Public Water, Public Sewer. Formerly leased to Dollar General Store. Recent traffic counts on US 60 Olive Hill approx 11,000 per day. Seller will consider lease for $3500/month.
The median home value in Olive Hill, KY is $232,500. This is higher than the county median home value of $113,000. The national median home value is $338,100. The average price of homes sold in Olive Hill, KY is $232,500. Approximately 57.58% of Olive Hill homes are owned, compared to 22.37% rented, while 20.05% are vacant. Olive Hill 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 Olive Hill real estate agent to arrange a tour today!
Olive Hill, Kentucky has a population of 1,424. Olive Hill is less family-centric than the surrounding county with 12.36% of the households containing married families with children. The county average for households married with children is 27.13%.
The median household income in Olive Hill, Kentucky is $49,688. The median household income for the surrounding county is $40,092 compared to the national median of $69,021. The median age of people living in Olive Hill is 52.6 years.
The average high temperature in July is 84.3 degrees, with an average low temperature in January of 21.2 degrees. The average rainfall is approximately 45.4 inches per year, with 9.1 inches of snow per year.