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211 Main St 6,847 SF 100% Leased Retail Building Irvine, KY 40336 $399,000 ($58.27/SF) 10.03% Cap Rate
Executive Summary
Opportunity Zone.
This is a NNN sale lease back. The seller will sign a new 18+/- month NNN lease back for a 10 cap rate to buyer, and allow the buyer use of the retail store front (approx 500 sf) for an office, retail, coffee shop or other use.
Medical Cannabis has been legalized in KY, this could be an excellent location for a dispensary in the store front.
Presently this is a music venue/listening room and we want to keep it growing with a full schedule of shows in 2026. The rear of the building is an Airbnb which is used to support touring musicians.
Seller financing may be available.
This is a NNN sale lease back. The seller will sign a new 18+/- month NNN lease back for a 10 cap rate to buyer, and allow the buyer use of the retail store front (approx 500 sf) for an office, retail, coffee shop or other use.
Medical Cannabis has been legalized in KY, this could be an excellent location for a dispensary in the store front.
Presently this is a music venue/listening room and we want to keep it growing with a full schedule of shows in 2026. The rear of the building is an Airbnb which is used to support touring musicians.
Seller financing may be available.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,847 SF
Building Class
C
Year Built
1945
Price
$399,000
Price Per SF
$58.27
Cap Rate
10.03%
NOI
$40,010
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.98
Lot Size
0.16 AC
Opportunity Zone
Yes
Zoning
COMMERCIAL
Parking
17 Spaces (2.48 Spaces per 1,000 SF Leased)
Frontage
78’ on Main
Amenities
- 24 Hour Access
- Conferencing Facility
- Corner Lot
- Security System
- Signage
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Screaming Bean Coffee
- -
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Screaming Bean Coffee | - | - | $9.99 | Lorem Ipsum | Jan 0000 |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Not bikeable
10/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 071-10-00-114.00 | Total Assessment | $87,300 |
| Land Assessment | $87,300 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 | Tax Year | 2025 |
Property Taxes
Parcel Number
071-10-00-114.00
Land Assessment
$87,300
Improvements Assessment
$0
Total Assessment
$87,300
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
1 of 55
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211 Main St
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