About This Home
This 0-bedroom, 0-bathroom commercial at 111 E Main Street in Wilmore, KY is listed for $229,900 ($123 per sqft). Built in 1980, the home offers 1,867 sqft of living space on a 0.07 acres lot.
Key Features
- Built in 1980
- 0.07 acre lot
Property Details
Amenities
Prime opportunity to own a well-located commercial building in the heart of Wilmore's active and walkable downtown district. This 1,867 SF (per appraisal) one-story building sits on a 30' x 100' lot just steps from Asbury Theological Seminary and minutes from Asbury University, surrounded by local shops, dining, and daily foot traffic.
The property is currently occupied by Solomon's Porch, a well-established cafe, restaurant, and catering business that has served the community for over 20 years (business not included in sale). The tenant operates on a month-to-month basis and has expressed a desire to remain, offering immediate in-place income with flexibility for future use or redevelopment.
Effective July 1, 2026, rent increased to $1,050 per month ($6.75/SF/YR), reflecting a meaningful adjustment from historically below-market levels under prior ownership and providing a foundation for potential future upside. Ideal for investors seeking a value-add or stable income opportunity, as well as owner-users looking to establish a presence in one of Central Kentucky's most unique and close-knit communities.
Monthly Cost Estimate
$1,230/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
111 E Main Street
Wilmore, KY 40390
Downtown
Property Details
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 111 E Main Street is listed at $229,900 ($123/sqft). The estimated monthly payment is $1,229 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1980, 0.07 acre lot.
This property is listed by Charles D Beaman and can be reached at 8593967795.