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38 E Main St 47 Acres of Commercial Land Offered at $1,400,000 in Paris, KY 40361
PROPERTY FACTS
| Price | $1,400,000 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | Mixed Use |
| No. Lots | 1 | Total Lot Size | 47.00 AC |
| Zoning | options - This was in conservation ( lower part on banks of Stoner Creek flood plan, which is lower part of golf course. Can not build in flood zoneAg and Comm. | ||
| Price | $1,400,000 |
| Sale Type | Investment or Owner User |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 47.00 AC |
| Zoning | options - This was in conservation ( lower part on banks of Stoner Creek flood plan, which is lower part of golf course. Can not build in flood zoneAg and Comm. |
1 LOT AVAILABLE
Lot
| Price | $1,400,000 | Lot Size | 47.00 AC |
| Price Per AC | $29,787.23 |
| Price | $1,400,000 |
| Price Per AC | $29,787.23 |
| Lot Size | 47.00 AC |
DESCRIPTION
47 acres in heart of Paris Ky. prime location to rebuild a 9 hole golf course , with club house and out buildings. Needs to be redone to open , was approved for a distillery, after years of legal battles, decided not to do distillery. and sold property in 2025. City will work with options to do something else with property , May be townhomes, office complex, subject to P and Z approval. Stoner Creek was established in the 40s, with a great demand for a small golf course , family restaurant, wedding venue, party rooms, etc. Owner will consider financing part, subject to terms for both buyer and seller. Talking 1.4 m, 500K down, 5% interest rate, 30 year amt, 3, 4 year balloon , no payment first year ?? .Any contract would be subject to P and Z approval and OK ed before closed.
PROPERTY TAXES
| Parcel Number | 036-10-11-006.00 | Improvements Assessment | $390,000 |
| Land Assessment | $125,000 | Total Assessment | $515,000 |
PROPERTY TAXES
Presented by
Nichols Real Estate
38 E Main St
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