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Rana Thompson

ranathompson@simplihom.com +1(859) 490-0173

$ 975,000

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Active

485 NW Kentucky 28 Highway Booneville, KY 41314

11,200 SqFt

UPDATED:

Key Details

Property Type Vacant Land, Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 11,200 sqft

Price per Sqft $87

Subdivision Rural

MLS Listing ID 26020185

Year Built 1976

Lot Size 10,890 Sqft

Acres 0.25

Property Sub-Type Business

Property Description

A landmark Property and Business , located in Booneville, Ky. This well regarded full service Pawn Shop specializes in firearms retail and full services. The full service pawn shop and firearms retail center holds an active Type 02 FFL license. This trusted well know pawn and gun shop maintains a 4.5 / 5.0 customer satisfaction rating. First time on the market, with over 20 PLUS years in business under existing ownership. Years of experience and stellar reputation provides a steady stream of satisfied and repeat customers. Precious metal sales, gold and silver, make up another profitable portion of revenue along with several other revenue streams. Opportunity exist for additional forms of revenue with new ownership. The commercial building includes approximately 11,200 sq ft +/ - , including a 3 bedroom apartment. The apartment has many options , owners residence or a rental unit for additional revenue stream. The building provides retail space for the pawn shop and retail fire arm operations. In addition, to warehouse and storage facilities, a convenient loading dock enhances operations. The building includes new energy efficient Solar Panels , installed at a cost of $160,000. Virtually, eliminating electrical cost and at some point may generate over production of electricity, resulting in positive credits. An adjoining 2.5 acres, sold separately, are also available with multiple building sites and / or future expansion. This 20 plus year old successful and profitable business , operating under same management/ owners ,is offered for the 1st time. Sale includes, existing fully operational business,11,200 sq ft building, warehouse storage space, pawn shop inventory. Reason for sale? Owners retiring. This property and business provides a rare and unique opportunity for the discerning business person or investor. Call today for your private showing.

Location

State KY

County Owsley

Zoning B-1

Interior

Heating Electric, Solar

Cooling Electric

Exterior

Parking Features Open, Other

Utilities Available Cable Available, Phone Connected, Sewer Available, Water Connected

View Y/N N

Roof Type Other

Handicap Access No

Private Pool No

Building

Sewer Public Sewer

Imagine MLS / Bluegrass Association of REALTORS (LBAR)

Listed by CENTURY 21 Advantage Realty

Nearby Locations

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Our Founder & CEO, Sean Miku, once found himself on food stamps, without a home, and forced to pick the lock on a water meter just to give his baby girl her first bath. Out of those struggles came a relentless determination to build something better — not only for his own family, but for every agent and client who deserved a simpler, more supportive way to experience real estate.

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+1(859) 490-0173

ranathompson@simplihom.com