114-116 E Main Street Georgetown, KY $ 950,000
114-116 E Main Street
$ 950,000
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114-116 E Main Street

Georgetown, KY, 40324
$ 950,000
Bedrooms-- Baths-- Sq 10,000

Monthly Estimate*

$ 5,849

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Commercial Property for sale in Georgetown, KY

for $950,000. This 10,000 square foot building was built on a lot size of 0.15.

A turn-key investment on Georgetown's Main Street. A stunning, three-story mixed-use property in the heart of vibrant downtown Georgetown, KY —blending steady boutique retail income with a turn-key short-term rental upside. The basement and main floor are leased to a well-established local boutique. The fully-renovated second and third floors operate as highly-rated short-term rentals, generating consistent nightly income with room to scale. Exposed brick, soaring ceilings, hardwood floors, and expansive windows throughout. Steps from local shops, restaurants, and year-round events — with quick access to Lexington and I-75. -The +/- 6,100 SF basement and first floor are leased to a long-term local boutique -The +/- 1,880 SF second floor features two residential units: a 1-bedroom in the front and a 2-bedroom in the rear -The +/- 1,880 SF upper loft offers a residential loft with exposed brick walls, arched windows, chef's kitchen, primary suite, and soaring ceilings Location Description: Georgetown, with big economic anchors and a deep visitor base, sits just 12 miles north of Lexington along I-75. Home to the world's largest Toyota manufacturing plant, Georgetown enjoys a skilled workforce, consistent job growth, and a cost of living well below the national average. Housing costs roughly 25% lower. Visitors come for equestrian heritage, a walkable historic downtown, and proximity to the Kentucky Bourbon Trail. A business-friendly environment with durable long-term appeal. Property Highlights: -Four units, one building, three income streams. -Recent Improvements: new roof, new HVAC units, new sewer line, fully-renovated top floor, partially-renovated 2nd floor units, and laundry hook-ups added to the common area -The property performs as a conservative long-term rental or as a higher-yielding short-term rental portfolio — without a single dollar of CapEx -The existing AirBNB units have a 5-star rating and are booked year-round

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Commercial Active

Price

$ 950,000

Property Type

Commercial

Taxes

$ 0

Style

Retail

Lot Size

0.15

Town/City

Georgetown

County/Region

Scott

MLS | Web ID

26009639

Features
General
Possession Close Of Escrow
Zoning Other
Year Built 9999
Property Subtype Retail
Parcel Number 166-30-338.000
Business Type Other Retail Hotel/Motel Commercial
County Scott
Net Operating Income 90250.0
New Construction N
Property Type Commercial Sale
Attached Garage N
Subdivision Name Commercial
Status Active
Directions Located on E. Main Street in Downtown Georgetown.
City Georgetown
Zoning Description B-3
MLS Area 005 - Scott County
Lot Size Units Acres
Lot Size Square Feet 6534.0
Land Lease Y/N N
MLS Area Minor 005 - Scott County
Lease Considered Y/N N
Rent Control Y/N N
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Senior Community None
Water Body Access Y/N None
Accessibility Features Y/N None
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Exterior
Parking Features On Site Paved
Lot Size Area 0.15
Number of Buildings 1
Building Area Total 10000.0
Lot Size Acres 0.15
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 3
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Total Baths 0
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Internal Only
Street Number 1 114116
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* Excluded Features
List By
Block + Lot Real Estate

Broker

clay@balrealestate.com

Email

Affordability Calculator

$5,849
Per Month
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Monthly Principal & Interest
$5,849
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
458656 Elementary School
458772 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/1/2026$950,000 Listed Price

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114-116 E Main Street, Georgetown, KY, 40324 is a Commercial Property for sale at $950,000 with 10,000 sqft and a lot size of 0.15. The property's zip code is 40324 which is in Georgetown, KY