583 W Highway 92, Williamsburg, KY 40769
$1,000,000
Property Type:
Commercial Sale
Square Footage:
1,835
Status:
Closed
Current Price:
$1,000,000
List Date:
6/20/2019
Last Modified:
11/25/2025
Overview
Description
Listing Details MLS# 1913983
Listing Information
- Property Sub Type
- Business
Status Change Information
- Status Change Timestamp
- 2021-11-13
- Purchase Contract Date
- 2021-06-15
- Close Date
- 2021-08-31
- Close Price
- 1000000
- Buyer Financing
- Other
- Sale Type
- Arms Length Sale
Address
- County
- Whitley
- Street Number
- 583
- Street Direction Prefix
- W
- Street Name
- Highway 92
- State
- KY
- Zip Code
- 40769
Contract
- Original List Price
- 1150000
- Start Showing Date
- 2019-06-19
- Listing Contract Date
- 2019-06-19
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Tenant
- Office Exclusive YN
- No
- SP/LP
- 0.87
Tax Legal
- MLS Area Major
- 068 - Whitley County
- Subdivision Name
- Commercial
Interior
- Living Area
- 1835
More Information
Parking Information
- Parking Total
- 20
Building
- Year Built
- 2003
- Stories Total
- Yes
Remarks
- Public Remarks
- Triple net investment opportunity without all the hassle of the day to day issues. This property has a triple net lease for $8000/mo (8.3 cap). Lessee pays all taxes, maintenance & repairs, and Insurance. Huddle House building and lot available for sale. Very established Huddle House restaurant. This a free-standing retail building with a private parking lot, located in the new Walmart Shopping Center. Property has excellent exposure on major highway and I-75.
Building and Property Details
- # of Men's Restrooms
- Yes
- # of Women's Restrooms
- Yes
Income and Expenses
- Gross Income
- 96000
- Net Operating Income
- 96000
Showing Information
- Showing Instructions
- Call Brenda Lawson listing agent 606-224-4343
Tax & Legal
- Tax Rate
- 7.61
- Zoning Description
- commercial
- Directions
- I 75 South take exit 11, Turn right then left into Walmart Shopping Center. Huddle House is on your left.
Lot
- Lot Size Acres
- 0
- Lot Size Square Feet
- 0
Construction Materials
- Brick
- Yes
Listing Terms
- 1031 Exchange
- Yes
- Lease Option
- Yes
Possession
- Close Of Escrow
- Yes
Special Listing Conditions
- Standard
- Yes
Business Type
- Commercial
- Yes
- Restaurant
- Yes
Sale Includes
- Building(s)
- Yes
- Land
- Yes
- Leases
- Yes
Property Features
Business Type:
Commercial; Restaurant
Construction Materials:
Brick
Listing Terms:
1031 Exchange; Lease Option
Possession:
Close Of Escrow
Sale Includes:
Building(s); Land; Leases
Special Listing Conditions:
Standard
Listing Office:
Kentucky Wide Realty
Last Updated: November - 25 - 2025
Information deemed reliable but not guaranteed.