485 Nw Kentucky 28 Hwy, Booneville, KY 41314

$875,000

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List Price
$875,000
Status
ACTIVE
Days on Market
110
Price Change
▼ $100,000 1794527566
MLS#
26020185
Subtype
Commercial Sale
Year Built
1976
Lot Size
10,890
Acres
0.25
Subdivision
Rural
Neighborhood
042 - Owsley County
MLS Area Major
042 - Owsley County

Property Description

A landmark Property and Business , located in Booneville, Ky. This well regarded full service Pawn Shop specializes in firearms retail and full services. The full service pawn shop and firearms retail center holds an active Type 02 FFL license. This trusted well know pawn and gun shop maintains a 4.5 / 5.0 customer satisfaction rating. First time on the market, with over 20 PLUS years in business under existing ownership. Years of experience and stellar reputation provides a steady stream of satisfied and repeat customers. Precious metal sales, gold and silver, make up another profitable portion of revenue along with several other revenue streams. Opportunity exist for additional forms of revenue with new ownership. The commercial building includes approximately 11,200 sq ft +/ - , including a 3 bedroom apartment. The apartment has many options , owners residence or a rental unit for additional revenue stream. The building provides retail space for the pawn shop and retail fire arm operations. In addition, to warehouse and storage facilities, a convenient loading dock enhances operations. The building includes new energy efficient Solar Panels , installed at a cost of $160,000. Virtually, eliminating electrical cost and at some point may generate over production of electricity, resulting in positive credits. An adjoining 2.5 acres, sold separately, are also available with multiple building sites and / or future expansion. This 20 plus year old successful and profitable business , operating under same management/ owners ,is offered for the 1st time. Sale includes, existing fully operational business,11,200 sq ft building, warehouse storage space, pawn shop inventory. Reason for sale? Owners retiring. This property and business provides a rare and unique opportunity for the discerning business person or investor. Call today for your private showing.

Additional Information

Zoning
B-1
Heating
Electric, Solar
Air Conditioning
Electric
Roof
Other
Parking Features
Other, Open

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Listing courtesy of Marcus Wayne Turner of CENTURY 21 Advantage Realty.