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$ 669,000
10,000 SqFt
$ 669,000
10,000 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 10,000 sqft
Price per Sqft $66
Subdivision Rural
MLS Listing ID 26008525
Year Built 1986
Lot Size 0.430 Acres
Acres 0.43
Property Sub-Type Mixed Use
Property Description
Spacious, fully leased mixed-use investment opportunity located at 1802 McDonald's Lane in London, Kentucky. This turnkey, income-producing property offers a strong blend of residential and commercial units, delivering immediate and consistent cash flow. The first floor features three commercial spaces, including two units at approximately 1,250 square feet each and one larger 2,500 square foot unit, providing flexibility for a variety of business uses. The second floor includes three residential apartments, each approximately 1,250 square feet: one 2-bedroom, 2-bath unit, one 2-bedroom, 1-bath unit, and one 3-bedroom, 1-bath unit. Also located on the second floor is an additional 1,250 square foot commercial office space. The property is 100% occupied with a diverse tenant mix and currently generates $4,375 in monthly rental income, making it an ideal opportunity for investors seeking stable returns and long-term growth. Conveniently positioned in a high-visibility area with easy access to local amenities, this property offers both immediate cash flow and future upside potential.
Location
State KY
County Laurel
Zoning Other
Interior
Heating Electric, Forced Air
Cooling Central Air, Electric, Multi Units
Exterior
Parking Features On Site, Open, Paved
Utilities Available Electricity Connected, Phone Available, Sewer Connected, Water Connected
View Y/N N
Roof Type Metal
Handicap Access No
Private Pool No
Building
Sewer Public Sewer
Listed by Sallie Davidson, Realtors
Nearby School & Business