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1581 SR 56 East Morganfield, KY 42437 1601 ST RTE 56E STATE ROUTE 56E 2,400 SF 100% Leased Retail Building Morganfield, KY 42437 $269,900 ($112.46/SF)
Executive Summary
Fantastic investment opportunity in the heart of Morganfield, KY awaits you!! The building's size (2400 sq ft) and layout-featuring a mix of office space, kennels, a laundry area, and large playpens-makes it highly adaptable. Although it was previously used as a pet boarding facility, it could easily be transformed into various types of businesses. The versatility is key here. The kennels can be removed, allowing the space to be repurposed into offices, a retail location, or potentially a health-related business, given the existing amenities (like the HVAC units, floor drains, and camera setup). The large fenced-in yard and running/play areas are a bonus for businesses that require outdoor space, whether it's for pets, recreational activities, or something else. Additionally, the garage with concrete floors and electricity offers extra storage or workspace potential. The lot size (72 acres) provides flexibility for further expansion or parking if needed. Overall, the property seems like a solid investment for someone looking to enter into a pet service business or for an entrepreneur with other ideas.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Veterinarian/Kennel
Building Size
2,400 SF
Building Class
B
Year Built
2020
Price
$269,900
Price Per SF
$112.46
Percent Leased
100%
Building Height
1 Story
Building FAR
0.06
Lot Size
1.00 AC
Opportunity Zone
Yes
Zoning
COMMERCIAL - Commercial
Parking
6 Spaces (2.5 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 77-01-03-02 | Improvements Assessment | $215,000 |
| Land Assessment | $25,000 | Total Assessment | $240,000 |
Property Taxes
Parcel Number
77-01-03-02
Land Assessment
$25,000
Improvements Assessment
$215,000
Total Assessment
$240,000
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1581 SR 56 East Morganfield, KY 42437 | 1601 ST RTE 56E STATE ROUTE 56E
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