111 E Main Street Wilmore, KY $ 229,900
111 E Main Street
$ 229,900
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111 E Main Street

Wilmore, KY, 40390
$ 229,900
Bedrooms-- Baths-- Sq 1,867

Monthly Estimate*

$ 1,416

111 E Main Street, Wilmore, KY 40390 - Image 1
111 E Main Street, Wilmore, KY 40390 - Image 2
111 E Main Street, Wilmore, KY 40390 - Image 3

Commercial Property for sale in Wilmore, KY

for $229,900. This 1,867 square foot building was built in 1980 on a lot size of 0.07.

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 café, 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 has been 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. Pursuant to the existing lease, Tenant holds a right of first refusal to purchase the property, including a ten (10) day period to elect to match the terms of any bona fide third-party offer. 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.

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Commercial Active

Price

$ 229,900

Property Type

Commercial

Taxes

$ 0

Style

Business

Lot Size

0.07

Year Built

1980

Town/City

Wilmore

County/Region

Jessamine

MLS | Web ID

26009655

Features
General
Sewer Public Sewer
Heating Natural Gas
Cooling Electric
Utilities Electricity Connected Sewer Connected Water Connected
Possession Subject To Tenant Rights Other
Roof Metal
Zoning Other
Construction Materials Block
Year Built 1980
Electric 200+ Amp Service
Tenant Pays Interior Maintenance Insurance Water Trash Collection Sewer Gas Exterior Maintenance Electricity
Property Subtype Business
Parcel Number 024-10-13-005.00
Business Type Restaurant Food & Beverage
County Jessamine
New Construction N
Property Type Commercial Sale
Subdivision Name Downtown
Building Features Vinyl Flooring Tile/Brick Floor Kitchen Facilities Concrete Floor
Status Active
Directions From Harrodsburg Road out of Lexington (US 68) turn left onto Hwy 29 toward Wilmore (becomes Lexington Road) then at 2nd stop light turn left onto East Main Street. Property is on the left.
City Wilmore
Zoning Description Commercial
MLS Area 009 - Jessamine County
Lot Size Units Acres
Lot Size Square Feet 3000.0
Land Lease Y/N N
MLS Area Minor 009 - Jessamine 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
Lot Size Area 0.07
Number of Buildings 1
Building Area Total 1867.0
Lot Dimensions 30' x 100'
Lot Size Acres 0.07
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
Heating-Natural Gas True
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Internal Only
Street Number 1 111
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* Excluded Features
List By
New Doors Real Estate

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$1,416
Per Month
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Monthly Principal & Interest
$1,416
Monthly Property Taxes
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Monthly Home Insurance
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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$229,900 Listed Price

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111 E Main Street, Wilmore, KY, 40390 is a Commercial Property for sale at $229,900 with 1,867 sqft and a lot size of 0.07. 111 E Main Street was built in 1980. The property's zip code is 40390 which is in Wilmore, KY