110 W Kentucky Avenue,Pineville, KY 40977
Pineville, KY 40977
Description
Investor Opportunity: Downtown Mixed-Use with Active STR Cash Flow + Clear Upside Exceptional value at $350,000 for this high-visibility mixed-use property at 110 W Kentucky Ave in the heart of Pineville's town square on HWY 25E. Approximately 5,943-6,250 SF total. The upper level operates as the established Boone Trace Inn short-term rental with 7 private bedrooms (coded entry), gathering room, fully equipped kitchen, dining area, and 2.5 bathsdelivering current income while positioned to attract regional visitors and tourists. The lower level (~3,125 SF) offers flexible commercial space, partially configured as a vendor's mall and ideal for restaurant, retail, professional/medical office, pub, or multi-tenant uses. Prime downtown exposure and traffic create strong potential to grow both the STR performance and commercial income streams. Attractive basis well under $60/SF for an income-producing mixed-use asset with multiple paths to increased returns. Ideal for the investor seeking immediate cash flow plus value-add opportunity in a high-visibility location. Downtown town-square / HWY 25E location provides excellent visibility. Current STR baseline already exceeds typical Pineville market averages; the gap between current passive results and optimized performance is the primary value-add story. Strong candidate for investors focused on operational upside rather than pure turnkey yield.
Details
| MLS # | 26022246 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Building Name | Boone Trace Inn |
| Sub-Type | Resale |
| Status | Active |
| Year | 1951 |
| Days On Site | 21 |
| Listing Provided By | SimpliHOM | Tamara Hurst |
Features
| SQ Feet | 5,943 |
|---|---|
| Building(s) | 1 |
| Zoning | Other |
| Acreage | 0.07 |
Interior
| Cooling | Ceiling Fan(s), Central Air, Wall Unit(s), Other |
|---|---|
| Heating | Electric, Forced Air |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
Exterior
| Roof | Flat |
|---|---|
| Construction Materials | Brick |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Open, Paved |
Utilities
| Utilities | Electricity Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
Area Information
| State | KY |
|---|---|
| County | Bell |
| City | Pineville |
| Zip Code | 40977 |
| Area | 087 Bell County |
| Subarea | Bell County |
| Community Name | Downtown |
| Listing VS Median (in Downtown) | |
Price: $350,000 low | high Med: $225,000 sqft: 5,943 low | high Med: 7,400 $ / sqft: $59 low | high Med: $102 On site: 21 low | high Med: 103.5 | |
Market Activity 40977
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Learn More About This Property
| State | KY |
|---|---|
| County | Bell |
| City | Pineville |
| Zip Code | 40977 |
| Area | 087 Bell County |
| Subarea | Bell County |
| Community Name | Downtown |
| Listing VS Median (in Downtown) | |
Price: $350,000 low | high Med: $225,000 sqft: 5,943 low | high Med: 7,400 $ / sqft: $59 low | high Med: $102 On site: 21 low | high Med: 103.5 | |