85 N Main St

85 N Main St, Walton, KY 41094

  • For Sale $495,000
  • Property Type Multi-Family
  • Property Size 12,180 SF
  • Units 10
  • Lot Size 0.92 Acre
  • Additional Rent Contact for pricing
  • Year Built 1970
  • Date Updated Nov 12, 2024
Discover the vibrant community surrounding the property in Walton, KY. Located in a burgeoning commercial hub, the area offers convenient access to major thoroughfares and the Cincinnati/Northern Kentucky International Airport. Nearby, prospective investors will find a range of amenities, including restaurants, shops, and recreational facilities, creating an attractive environment for professionals and employees. Plus, the property is close to notable points of interest such as Walton Community Park and the Heritage and Endangered Bird Sanctuary, providing a tranquil escape amidst the bustling business landscape. Invest in the future of business with this prime location in the heart of Walton.This 10-unit (7-2br, 3-1br) multifamily property located in the heart of Walton, KY, presents a value-add investment opportunity. The building is well-situated on N Main Street, providing easy access to local amenities, schools, and transportation, making it attractive to tenants seeking a convenient lifestyle. With a mix of unit sizes, there’s tremendous upside potential through strategic renovations, repositioning, and market rent increases. Property is currently vacant but has strong bones, an investor can expect a 20% upside by upgrading interiors, optimizing the unit layouts, and modernizing the common areas. Whether you’re a seasoned investor or looking to expand your portfolio, this is the perfect chance to maximize value in a growing market. Walton is seeing a surge in development, making this property ideally positioned for appreciation. Take advantage of this rare opportunity to acquire a multifamily asset with untapped potential in an area with a strong rental demand and excellent growth prospects. This is a value add investment with an ARV of $1,084,000 and Repairs only $250,000 this has a built in margin over 30%.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Attachments

Contacts

broker

David Mussari

Professional Realty

Location

Getting Around

  • Walk Score ®

    47/100 Car-Dependent
  • Bike Score ®

    29/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Walton, KY
  • Zip Code 41094
  • Market Cincinnati

Points of Interest

  • Subway

    7.95 miles

  • BP

    0.08 miles

  • Kroger

    0.80 miles

  • Marathon

    0.81 miles

  • Flying J Walton

    1.03 miles

  • Sunoco

    4.46 miles

  • Shell

    4.64 miles

  • Kroger Fuel Center

    5.53 miles

  • Tesla Supercharger

    9.99 miles

  • Rest Haven

    1.88 miles

  • Mullins WMA

    3.82 miles

  • Florence Hub Park & Ride

    8.42 miles

  • Motel 6 Walton

    3.58 miles

  • Econo Lodge

    3.64 miles

  • Holiday Inn Express

    3.70 miles

  • Hampton Inn

    3.75 miles

  • Morgan's Frontier Inn

    6.86 miles

  • Baymont Florence Cincinnati

    8.01 miles

  • SureStay Hotel by Best Western Florence

    8.03 miles

  • Holiday Inn

    8.25 miles

  • Wildwood Inn

    8.51 miles

  • Rodeway Inn Florence - Cincinnati South

    8.51 miles

  • McDonald's

    0.76 miles

  • Waffle House

    0.83 miles

  • Skyline Chili

    3.38 miles

  • Wendy's

    3.40 miles

  • Gold Star Chili

    3.49 miles

  • Penn Station

    3.50 miles

  • Arby's

    3.52 miles

  • Burger King

    3.52 miles

  • White Castle

    3.53 miles

  • Boondock's

    4.63 miles

  • Walton-Verona Middle and High Schools

    0.44 miles

  • Walton-Verona Middle School

    0.44 miles

  • Walton-Verona High School

    0.47 miles

  • All Saints Catholic Church and Saint Joseph Academy

    0.65 miles

  • Assumption Academy

    0.82 miles

  • Walton-Verona Elementary School

    4.61 miles

  • Piner Elementary School

    4.87 miles

  • New Haven Elementary School

    4.91 miles

  • Kenton Elementary School

    5.27 miles

  • Simon Kenton High School

    5.33 miles

  • T.H.I.N.K.S.

    0.21 miles

  • Abby’s Day Care

    3.03 miles

  • Little Red Schoolhouse

    3.47 miles

  • Shining Star

    6.13 miles

  • Littlest Angels Learning Center

    6.25 miles

  • KinderCare

    6.87 miles

  • Dreamcatcher Day Care

    7.45 miles

  • The Goddard School

    7.46 miles

  • Abby’s

    7.64 miles

  • Bengal Tots Day Care

    8.56 miles

Frequently Asked Questions

How much does 85 N Main St cost?

The space currently listed for sale at 85 N Main St asks for $495,000.

What is the total square footage of 85 N Main St?

85 N Main St totals 12,180 square feet.

When was this property built?

85 N Main St was built in 1970.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

David Mussari

Professional Realty