Prime commercial property! 5.5 +/- acres with over 250' of frontage on Highway 25w in the city limits of Williamsburg and borders the Cumberland River in the rear. There's lots of potential uses for this property since it is located in the major business center for Williamsburg and only one mile from I-75, University of the Cumberlands and downtown Williamsburg. A portion of the property is in the floodplain but there is potential for fill to be used to raise the elevation of the property. This property is surrounded by lots of businesses that are well established, and it is zoned B2/A1. If you're looking for a great commercial site, this one might be the one for you.(Buyer to verify acreage)
Are you looking for an investment to generate passive income? This property maybe what you are looking for. Currently at half capacity of the storage units are rented. One unit is used by the owners to store personal equipment. The facility has 32 storage units. There are 24 units that are 8' x 12' (96 sq. ft.) in size and 8 units that are 6' x 10' (60 sq. ft.in size. The lot size is 0.348 acres with a perimeter of approximately 284 feet. The owners have installed a new metal roof, new gutters and improved the drainage on the backside of the property due to runoff from the hill near the storage unit. The owners have also installed Solar Sensor lights on the front side gutters and backside gutters. The property is enclosed in a chain-link fence.
Commercial listing in Whitley County ready for immediate occupancy. 0.66 acre lot in a highly visible road front location right across from the post office on highly traveled Highway 25 in Williamsburg. Former home of a fully operational bank (with drive through and vault). Convenient to everything, I-75 is 3 miles away and there is a Dollar General as well as several gas stations within walking distance. 2976 sq feet of usable finished space as well as a paved parking lot large enough to accommodate all your customer needs. Call today for your private showing.
You'll find it hard to find a better cap rate than this property. Lease is presently $8000 per month thru Oct,2023. Lessee wants to renew lease. True Triple Net investment. NNN. University town. Seller requests 1031 exchange. Seller does not own the Huddle House franchise.
Location says it all. Nearly 1/3 of an acre just off Interstate 75. Literally your first turn off on your right coming from North or South. Newly paved and ready for an extremely high traffic business. Easy access with unlimited potential. Investors, corporations or anyone that understands the importance of location take notice. Call today for more information.
The median home value in Williamsburg, KY is $146,500. This is higher than the county median home value of $127,000. The national median home value is $338,100. The average price of homes sold in Williamsburg, KY is $146,500. Approximately 37.15% of Williamsburg homes are owned, compared to 43.92% rented, while 18.93% are vacant. Williamsburg 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 Williamsburg real estate agent to arrange a tour today!
Williamsburg, Kentucky has a population of 5,272. Williamsburg is less family-centric than the surrounding county with 30.31% of the households containing married families with children. The county average for households married with children is 36.43%.
The median household income in Williamsburg, Kentucky is $31,287. The median household income for the surrounding county is $41,817 compared to the national median of $69,021. The median age of people living in Williamsburg is 25.4 years.
The average high temperature in July is 86.1 degrees, with an average low temperature in January of 24.2 degrees. The average rainfall is approximately 50.6 inches per year, with 10.4 inches of snow per year.