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133 W Dixie Avenue

ELIZABETHTOWN, KY 42701
  • $1,199,000
  • STATUS: Active
  • ON SITE: 288 Days
  • MLS #: HK23002224
$1,199,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
N/A
Type:
Commercial
Built:
1880
County:

School Ratings & Info

Description

Downtown Elizabethtown Multi-functional Property Prime Location: Situated in the heart of downtown Elizabethtown, the property offers unparalleled access to local attractions, shopping, and the business district. Diversified Revenue Streams: The property's multifaceted nature combines a thriving restaurant, a one-bedroom AirBNB, and an owner's unit that includes 2 Bedrooms, providing multiple avenues of income. Turnkey Restaurant Operation: The restaurant component is fully operational with a loyal customer base, a trained staff, and a well-established menu. Its ambiance encapsulates the local culture, making it a favorite spot for both locals and tourists. AirBNB Potential: The one- bedroom AirBNB is a lucrative venture due to Elizabethtown's growing tourist appeal. This offers an opportunity for passive income with the rising popularity of short-term rental platforms. Owner's Comfort: The property boasts a private 2 -bedroom owners unit, ensuring personal space while managing the business. This feature is ideal for entrepreneurs who value a work-life balance. Architectural Charm: The building, which was built in 1880, carries historical and architectural significance, further attracting guests who appreciate a mix of the old-world charm with modern amenities. Growth Opportunities: The downtown Elizabethtown area has seen consistent growth in foot traffic and tourism. Future prospects include a hotel and multi-family apartment complex in the downtown area. Integrated Operations: With the units and the restaurant on the same property, managing operations becomes seamless. The synergistic model allows for cost-saving, efficient management, and cross-promotion between the restaurant and the AirBNB. Community Involvement: Being a part of the downtown scene, the property often gets involved in local events and festivals, ensuring a steady influx of guests and bolstering its reputation. Sustainable Model: In a world leaning towards sustainability, having multiple operations under one roof reduces the carbon footprint, making it an environmentally friendly investment. This multifunctional property in downtown Elizabethtown offers 5,601 square feet and a blend of tradition and modernity, making it a unique and promising investment opportunity.

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© 2024 Heart of Kentucky Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Gudenkauf Team | REMAX Advantage Plus. The data relating to real estate for sale or lease on this web site comes in part from HKAR. Real estate listings held by brokerage firms other than The Gudenkauf Team | REMAX Advantage Plus are marked with the HKAR logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2024-04-04T00:12:17.177.
www.gudenkaufteam.com/homes/141295944
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133 W Dixie Avenue ELIZABETHTOWN, KY 42701

  • Price: $1,199,000
  • Status: Active
  • On Site: 288 Days
  • MLS #: HK23002224
0
Beds
0
Baths
0
½ Baths
0.09
Acres
1880
Built
Neighborhood:
N/A
County:
Hardin
Area:
Elizabethtown City
Property Description
Downtown Elizabethtown Multi-functional Property Prime Location: Situated in the heart of downtown Elizabethtown, the property offers unparalleled access to local attractions, shopping, and the business district. Diversified Revenue Streams: The property's multifaceted nature combines a thriving restaurant, a one-bedroom AirBNB, and an owner's unit that includes 2 Bedrooms, providing multiple avenues of income. Turnkey Restaurant Operation: The restaurant component is fully operational with a loyal customer base, a trained staff, and a well-established menu. Its ambiance encapsulates the local culture, making it a favorite spot for both locals and tourists. AirBNB Potential: The one- bedroom AirBNB is a lucrative venture due to Elizabethtown's growing tourist appeal. This offers an opportunity for passive income with the rising popularity of short-term rental platforms. Owner's Comfort: The property boasts a private 2 -bedroom owners unit, ensuring personal space while managing the business. This feature is ideal for entrepreneurs who value a work-life balance. Architectural Charm: The building, which was built in 1880, carries historical and architectural significance, further attracting guests who appreciate a mix of the old-world charm with modern amenities. Growth Opportunities: The downtown Elizabethtown area has seen consistent growth in foot traffic and tourism. Future prospects include a hotel and multi-family apartment complex in the downtown area. Integrated Operations: With the units and the restaurant on the same property, managing operations becomes seamless. The synergistic model allows for cost-saving, efficient management, and cross-promotion between the restaurant and the AirBNB. Community Involvement: Being a part of the downtown scene, the property often gets involved in local events and festivals, ensuring a steady influx of guests and bolstering its reputation. Sustainable Model: In a world leaning towards sustainability, having multiple operations under one roof reduces the carbon footprint, making it an environmentally friendly investment. This multifunctional property in downtown Elizabethtown offers 5,601 square feet and a blend of tradition and modernity, making it a unique and promising investment opportunity.
Exterior Features

Acreage Source PVA Exterior Construction Brick/Siding Foundation BlockCrawl Space Road Surface Paved Roofing Rubber Membrane Total Number Of Parking Spaces 1

Interior Features

Apx Office Area Sq Ft 2968 Apx Warehouse Area Sq Ft 0 Basement Cellar Floors HardwoodTile Number Of Restrooms 5 Sq Ft Source PVA

Property Features

Electricity Phone/Ntwrk Wiring Avail Location Features Historical District Miscellaneous Equipment IncludedInventory Included Property Type Commercial Sale Rent For Sale Sewer City Utilities 220 V ElectricNatural Gas Water City

Listing information © 2024 Heart of Kentucky Association of REALTORS®
Listing provided courtesy of United Real Estate Louisville - Elizabethtown: .


© 2024 Heart of Kentucky Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Gudenkauf Team | REMAX Advantage Plus. The data relating to real estate for sale or lease on this web site comes in part from HKAR. Real estate listings held by brokerage firms other than The Gudenkauf Team | REMAX Advantage Plus are marked with the HKAR logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2024-04-04T00:12:17.177.
 
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The Gudenkauf Team | REMAX Advantage Plus
1975 N. Dixie Blvd
Radcliff KY, 40160