About This Home
This 0-bedroom, 0-bathroom commercial at 1108 E Main Street in Cumberland, KY is listed for $399,000 ($216 per sqft). Built in 1970, the home offers 1,845 sqft of living space on a 0.57 acres lot.
Key Features
- Built in 1970
- 0.57 acre lot
Property Details
Amenities
Rare opportunity to purchase an established operating business, commercial property and residential space all in one! Located on East Main Street in Cumberland, this long-standing family-owned liquor store has roots dating back to the 1950s and has served the tri-city area for decades.
The commercial space features a retail sales area, two stockrooms, walk-in cooler, additional coolers, restroom and convenient rear overhead-door access for loading and deliveries. Upstairs, a spacious 3 bedroom, 1 bath apartment was completely remodeled in 2021, offering the next owner the flexibility of an onsite residence or potential additional income opportunity.
The property also provides ample off-street parking and an additional rear lot, adding valuable space and possibilities for future use. Offered at $399,000, the sale includes the real estate and operating business. Inventory is not included in the list price and will be purchased separately based on inventory on hand at closing. An exceptional opportunity to acquire a multi-use commercial property with an established business and residential component in the heart of Cumberland.
Monthly Cost Estimate
$2,134/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1108 E Main Street
Cumberland, KY 40823
Property Details
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 1108 E Main Street is listed at $399,000 ($216/sqft). The estimated monthly payment is $2,134 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1970, 0.57 acre lot.
This property is listed by Sheldon Parrott and can be reached at 6062734295.