133 W Dixie Highway Elizabethtown, KY $ 1,199,000
133 W Dixie Highway
$ 1,199,000
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133 W Dixie Highway

Elizabethtown, KY, 42701
$ 1,199,000
Baths5.0 Sq 2,968

Monthly Estimate*

$ 8,375

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Studio

Commercial Property for sale in Elizabethtown, KY

for $1,199,000 with 5 full baths. This 2,968 square foot building was built in 1880 on a lot size of 0.09.

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 owner’s 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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Commercial Active

Price

$ 1,199,000

Bedrooms

Studio

Full Bath

5

Property Type

Commercial

Taxes

$ 0

Style

Commercial

Lot Size

0.09

Year Built

1880

Town/City

Elizabethtown

County/Region

Hardin

MLS | Web ID

20235796

Features
Interior
Electricity Phone/Ntwrk Wiring Avail
Basement Cellar
Floors Hardwood Tile
Interior Features None
Stories 2
Number of Restrooms 5
Walls Plaster
Air Conditioning Multiple
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General
Water City
Sewer City
Heating Multiple
Amenities Restroom-Public
Occupancy Full
Subdivision None KY
Water Heater Electric
County Hardin
Class Commercial
Type Commercial
Miscellaneous Equipment Included Inventory Included
Ceiling Height 7 - 10 Feet
Status Active
Access City Street Sidewalks
Docs on File None
Utilities 220 V Electric Natural Gas
Number of Buildings 1
Primary City Elizabethtown
Directions Downtown Elizabethtown. On the corner of N. Mulberry and W Dixie diagonally across the street from City Hall.
City Elizabethtown
Street Name Dixie Highway
Year Built 1880
DOM 321
Secondary City Hardin County
Postal Code 42701
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Exterior
Road Surface Paved
Foundation Block Crawl Space
Lot Size Area 0.09
Roofing Rubber Membrane
Fence None
Acreage Source PVA
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* Excluded Features
List By
United Real Estate Louisville

Broker

jayme.burden@yahoo.com

Email

Affordability Calculator

$8,375
Per Month
100%
0%
0%
Monthly Principal & Interest
$8,375
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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
1777877 Elementary School
1777752 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/26/2023$1,199,000 Listed Price

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133 W Dixie Highway, Elizabethtown, KY, 42701 is a Commercial Property for sale at $1,199,000 with 2,968 sqft and a lot size of 0.09. 133 W Dixie Highway is a studio with 5.0 baths and was built in 1880. The property's zip code is 42701 which is in Elizabethtown, KY