343 N Wallace Wilkinson Boulevard, Liberty, KY 42539

$1,300,000
Property Type: Commercial Sale Square Footage: 11,180 Lot Size (sq. ft.): 74,749 Status: Contingent
Current Price: $1,300,000 List Date: 6/08/2026 Last Modified: 6/13/2026

Overview

Description

Prime Commercial Opportunity • Former Rite Aid Pharmacy Location: 343 N Wallace Wilkinson Bvld (Hwy 127 South) Liberty, KY 42539 Property Type: Freestanding Commercial / Retail / Medical / Office Building Size: 11,180± SF Lot Size: 1.71± Acres #Executive Summary Positioned in the heart of Liberty's high-traffic commercial business district, this premier 11,180 square-foot freestanding commercial building offers unmatched visibility and versatility. Formerly operating as a highly successful Rite Aid pharmacy, the property features a modern, open-concept layout that is fully ready for its next owner. Sitting on a generous 1.71-acre lot directly on the highly traveled U.S. Highway 127 South corridor, this is an exceptional investment opportunity for an owner-user or a savvy developer looking to capitalize on a prime central Kentucky location. #Unmatched Versatility & Property The building's flexible footprint is uniquely structured to support a wide range of commercial applications. ...

Listing Details MLS# 26013148

Listing Information

Comp Sale YN
No
Property Sub Type
Retail

Status Change Information

Status Change Timestamp
2026-06-12
Purchase Contract Date
2026-06-12

Address

County
Casey
Street Number
343
Street Direction Prefix
N
Street Name
Wallace Wilkinson
Street Suffix
Boulevard
State
KY
Zip Code
42539
Zip +4
3031
Parcel Number
0L1-19-14A

Contract

Original List Price
1300000
Start Showing Date
2026-06-08
Listing Contract Date
2026-06-07
Listing Agreement
Exclusive Right To Sell
Owner Name
Ephraim McDowell
Occupant Type
Vacant
Office Exclusive YN
No
List Price/SqFt
116.28

Tax Legal

MLS Area Major
025 - Casey County
Subdivision Name
Commercial

Interior

Living Area Units
Square Feet
Building Area Total
11180
Building Area Source
Assessor
Building Area Units
Square Feet

More Information

Parking Information

Parking Total
40

Building

Basement YN
No
Year Built
1998
Stories Total
Yes
Accessibility Features YN
No
Leasable Area
11180

Lot

Lot Size Acres
1.716
Lot Size Square Feet
74749
Lot Size Dimensions
143x210
Road Frontage Feet
303

Utilities

Cooling YN
Yes
Heating YN
Yes
Electricity Connected
Yes
Natural Gas Connected
Yes
Sewer Connected
Yes
Water Connected
Yes
Underground Utilities
Yes

Remarks

Public Remarks
Prime Commercial Opportunity • Former Rite Aid Pharmacy Location: 343 N Wallace Wilkinson Bvld (Hwy 127 South) Liberty, KY 42539 Property Type: Freestanding Commercial / Retail / Medical / Office Building Size: 11,180± SF Lot Size: 1.71± Acres #Executive Summary Positioned in the heart of Liberty's high-traffic commercial business district, this premier 11,180 square-foot freestanding commercial building offers unmatched visibility and versatility. Formerly operating as a highly successful Rite Aid pharmacy, the property features a modern, open-concept layout that is fully ready for its next owner. Sitting on a generous 1.71-acre lot directly on the highly traveled U.S. Highway 127 South corridor, this is an exceptional investment opportunity for an owner-user or a savvy developer looking to capitalize on a prime central Kentucky location. #Unmatched Versatility & Property The building's flexible footprint is uniquely structured to support a wide range of commercial applications. Whether you are looking to launch a single-tenant venture or reposition the asset for strong passive income, this property is ideally suited for: • High-Volume Retail: Capitalize on the open floor plan, prominent building frontage, and high-visibility signage opportunities. • Medical or Urgent Care Facility: The property's clean layout can easily adapt to regional medical clinics, physical therapy centers, or dental practices requiring accessible community placement. • Professional Office Headquarters: Perfect for corporate, legal, or administrative operations looking for a commanding regional presence. • Multi-Tenant Commercial Conversion: Easily retrofitted or sub-divided into a multi-unit strip or professional plaza to maximize rental yields. #Infrastructure & Site Amenities Built to handle heavy daily consumer traffic, (9500 vehicles per day per '23 data) the site boasts premium infrastructural advantages: • Drive-Thru Lane: Features an established, highly visible drive-thru window—a massive asset for modern retail, pharmacy, fast-casual dining, or medical drop-off needs. • Ample Parking & Superior Access: A large paved parking lot and 2 commercial entrances provide excellent ingress/egress for customers and staff alike, easily accommodating peak-hour traffic. • Complete Utility Connectivity: Fully equipped with dependable city services, including natural gas, electric, city water, and city sewer. This property offers a unique opportunity to own a prime piece of highly improved real estate on Hwy 127 in Liberty.

Building and Property Details

Furniture, Fixtures & Equipment YN
Yes
Building Expansion Potential YN
No
Inground Tank YN
No
Lot Expansion Potential YN
No
Railroad Siding YN
No
# of Dock Doors
Yes
# of Men's Restrooms
Yes
# of Women's Restrooms
Yes
Retail SqFt
10200
Usable SqFt
11180
Warehouse SqFt
980
Electricity Location
Back storage room

Showing Information

Showing Instructions
ST. Call LO or LA

Tax & Legal

Tax Rate
1.19
Zoning
Other
Zoning Description
Business
Directions
Hwy 127 commercial district in Liberty. Just down from CVS Pharmacy.

Association/Community

Number Of Buildings
1

Construction Materials

Block
Yes

Cooling

Central Air
Yes

Heating

Forced Air
Yes
Natural Gas
Yes

Parking Features

On Site
Yes
Paved
Yes

Possession

Close Of Escrow
Yes

Roof

Flat
Yes

Security Features

Security System Leased
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

Standard
Yes

Water Heater

Electric
Yes

Building Features

Concrete Floor
Yes

Business Type

Commercial
Yes
Distribution
Yes
Mixed
Yes
Professional/Office
Yes
Restaurant
Yes
Retail
Yes

Ceiling

Dropped
Yes

Docks

None
Yes

Electric

200+ Amp Service
Yes

Existing Lease Type

None
Yes

Sale Includes

Building(s)
Yes
Fixtures
Yes
Land
Yes

Showing Requirements

Call Listing Office
Yes
Showing Service
Yes

Property Features

Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected; Underground Utilities; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected; Underground Utilities Building Features: Concrete Floor Business Type: Commercial; Distribution; Mixed; Professional/Office; Restaurant; Retail Ceiling: Dropped Construction Materials: Block Cooling: Central Air Docks: None Electric: 200+ Amp Service Existing Lease Type: None Heating: Forced Air; Natural Gas Parking Features: On Site; Paved Possession: Close Of Escrow Roof: Flat Sale Includes: Building(s); Fixtures; Land Security Features: Security System Leased Sewer: Public Sewer Special Listing Conditions: Standard Water Heater: Electric Showing Requirements: Call Listing Office; Showing Service

Documents

Listing Office: Weichert Realtors Ford Brothers - Lancaster
Last Updated: June - 13 - 2026
Information deemed reliable but not guaranteed.