Parking Information

Parking Total

4

Building

Year Built

9999

Accessibility Features YN

No

Lot

Lot Size Acres

27.475

Lot Size Square Feet

1196811

Road Frontage Feet

1200

Remarks

Public Remarks

Discover a unique opportunity with this versatile 960 ft² commercial building situated on a sprawling 27.475 acres of gently rolling farmland, featuring over 1,200 feet of road frontage along the bustling Highway 32. This prime location serves as a vital connector between Rowan and Fleming counties, offering excellent visibility and accessibility for various commercial ventures. The land is predominantly cleared and currently maintained for hay production, presenting an ideal scenario for agricultural use while also opening doors for mixed-use development. The commercial building is complemented by a generous parking lot, ensuring ample space for customers or clients and providing seamless access to the expansive farmland. In addition to the main structure, the property features a barn and a rental house, available for just $550 a month. While the rental house is in need of renovation, it presents an opportunity to continual additional income. Potential Uses This property is a blank canvas for a variety of potential uses, including: - Mixed-Use Commercial Development: Ideal for businesses that benefit from high traffic visibility, such as retail outlets, restaurants, or service-oriented enterprises. - Agricultural Ventures: Continue the current hay production or explore other farming possibilities, including livestock or crop cultivation. - Residential Real Estate Development: The gently rolling landscape is perfect for creating residential lots, enhancing the local housing market. - Recreational Facilities: Utilize the farmland for outdoor recreation, such as a farm-to-table venue, event space, or community gardens. Investment Highlights -Prime Location: With over 1,200 feet of road frontage on a busy highway, this property ensures high visibility and easy access for potential customers or clients. - Versatile Property: The combination of commercial space, farmland, and residential rental potential allows for a diverse range of investment opportunities. - Cleared and Maintained Land: The gently rolling farmland is ready for immediate use, minimizing preparation efforts for agricultural endeavors. - Utility Accessibility: While there are currently no utilities connected, gas, sewer, and water services are readily available with minimal effort to connect. - Income Potential: The commercial building offer an opportunity to open a business in the hear term and generate cash flow. It is currently a successful trophy business. The rental house offers immediate cash flow, with the potential for increased income through renovation and enhancement. This property presents an exceptional opportunity for investors and developers looking to capitalize on a prime location with diverse potential uses. Don't miss your chance to own a piece of land that combines commercial viability with agricultural charm! *Some Photos/videos are AI renders to inspire vision.

Building and Property Details

Retail SqFt

960

Income and Expenses

Gross Income

5400

Other Income

6600

Showing Information

Showing Instructions

ShowingTime with 2 hours notice for business and home tenant notification.

Tax & Legal

Tax Rate

0.853

Zoning

Other

Zoning Description

Flexible

Directions

Take exit 137 off I64 to 32 Flemingsburg Road approximately 5.27 miles. You will find the property on the left at the corner of Flemingsburg Rd and Maxey Flats (all behind the houses and trophy shop).

Association/Community

Number Of Buildings

3

Utilities

Electricity Available

Yes

Natural Gas Available

Yes

Propane

Yes

Sewer Available

Yes

Water Available

Yes

Construction Materials

Wood Siding

Yes

Parking Features

On Site

Yes

Paved

Yes

Possession

Close Of Escrow

Yes

Showing Considerations

Pet(s) on Premises

Yes

Business Type

Retail

Yes

Sale Includes

Building(s)

Yes

Land

Yes

Tenant Pays

Common Area Maintenance

Yes

Electricity

Yes

Exterior Maintenance

Yes

Interior Maintenance

Yes

Sewer

Yes

Water

Yes

Showing Requirements

Call Listing Agent

Yes

Showing Service

Yes

Property Features