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(SOLD) $85,000

65 Main Street Stanford, KY  40484

Property Description for 65 Main Street Stanford, KY 40484

Here is your opportunity to own the turnkey arcade, party room, rentable office space in town. At a whopping approx 5840 sqft building there is so much cash flow potential with this property. The possibilities are endless. Events already booked up into May 2024 and the phone is still ringing which will be income. The custom artwork with all of the famous arcade cartoon characters instantly helps you find your inner kid and joy abounds. Some of the items your getting is a popcorn machine, a hotdog turner, mini fridge, multiple candy vending machines, the Pepsi machine out front is owned and stays with the property, a ball pit, multiple arcade games, a coin game, a claw game, pool table, air hockey and more. Huge party room. Plenty of room to create living quarters. 1 full bathroom. There is commercial office space on the storefront that can be additional income. 2 garages with plenty of parking you could offer up a mechanics shop, tint shop, repair shop or really anything your heart desires or whatever someone is needing space to do, that's even more income. You have to come see this property in person.

Address:65 Main Street Stanford KY 40484
Status:Sold
Sold On: 9/12/2024
Price:$175,000
Bathrooms:0
Year Built:9999
Lot Size:0.34
County: Lincoln
MLS #:24000342

Lot Dimensions:14810
Directions:Turn off of Highway 198 onto Main Street in the McKinney community and the property will be on the left

Loan Price
$478
Price And Interest $443/month
Property Tax $0/month
MTG INS $0/month
HOME INS $35/month
Price
$85,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$420 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Mandatory HOA Fee:$

Area: 024 - Lincoln County
Subdivision: Rural
Zip Code:40484

Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Curtis Brown with Keller Williams Commonwealth

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Stanford, KY Market Report

106
Avg. DOM
$104.85
Avg. $ / Sq.Ft.
$ 257,000
Med. List Price

The house prices in Stanford are indeed dropping at the moment. There has been a decrease in price of $14,200.00. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Stanford are going Down. The average house price is $234,900.00 and the average price per square feet is $104.85 per square feet. At the moment, the amount of homes listed is exactly 114 houses, with 41 with active status, 10 with pending status and 63 sold in Stanford .

The most popular place to buy a home in Stanford is 024 - Lincoln County. 024 - Lincoln County is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Stanford .

The average amount of property taxes you would have to pay for a home in Stanford is $0.00. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Stanford are staying listed for an average of 90 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Stanford was 2634 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Stanford is $2,600,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Stanford is $29,500.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Stanford in year 1860 and the newest built house is in year 9999.

The average size of properties in Stanford is 59.32 sq.ft. , the biggest one being 2432 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.