212 West Water Street

Richmond, KY
$ 539,900 Beds 0 Baths 0 Sq 3,219 Virtual Tour
Monthly Estimate* How much can I afford?

Price Improvement on The Copper Still. Here's a Wonderful Opportunity to Own not only a Turn-Key Bar/Restaurant/Nightclub, but the Building it sits in as Well. Located in Downtown Richmond, with its Vibrant Dining/Entertainment Scene, plus near EKU's Campus. The Copper Still has Strong Business Relationships in Promoting Events/Private Bookings. This Building/Business Offers the New Owners the Fortuity of an Updated, Upscale Venue that will Delight Their Clientele!!! From the Gaming Area at the Entrance, to the Bar with its Custom Bar-Back, to the Couches, Love Seats and Bar Stools of the Main Area, to the Fabulous Patio Area, this Building/Business will Appeal to Almost Anyone. The Technology Implemented in the Business, allows for Nearly Complete Control from the Owners Phone. The Business' Financial Reports Show a Positive Cash Flow, Property was Passively Managed Prior to Onsite Managers being Hired, an Owner/Operator will Show Even Higher Returns. Owner Financing is an Option.

Commercial

  • Price
  • $ 539,900
  • Lot Size
  • 0.41 Acres
  • Bedrooms
  • 0
  • Sqr Footage
  • 3,219
  • Full Bathrooms
  • 0
  • Half Bathrooms
  • 0
  • City, Zip
  • Richmond
  • County
  • MADISON
  • Style
  • Restaurant
  • Area
  • 008 - Madison County
  • MLS#
  • 20023534
  • Zip
  • 40475
Listing Provided by: Rector Hayden, Realtors
Data Source: Lexington Bluegrass MLS (LBAR) - 88 - KY

Features

General

Area 008 - Madison County
Business Type Restaurant
City Richmond
Construction Materials Concrete, Stone, Wood Siding
County Madison
Directions Located downtown Richmond on W. Water St. near EKU campus.
Lease Type None
Listing Member Name Nancy Smith
Listingofficephone (859) 276-4811
Parking 21 - 35 Spaces
Possession Close of Escrow, Negotiable
Property Type C
Roof Composition, Shingle
Sale/lease Includes Buildings, Business, Equipment, Fixtures, Furniture, Inventory, Licenses
Sewer Public Sewer, Sanitary, Storm
Sprinklers None
Status Active
Street Name Water
Subdivision Commercial
Tax Rate .0115072
Terms Cash, Conventional, Sale, Seller Financing
Utilities Other, Telephone
Virtual Tour https://youtu.be/4_F09eHP4jA
Water Water Connected
Year Built 9999

Interior Features

Ceiling Dropped, Open
Floor Type Tile/Brick, Wood
Miscellaneous Features 100/200 Amp, 3 Phase Electricity, Air Conditioning, Hot Water Heater, Security Alarm
Stories One
Utilities: Natural Gas Natural Gas Connected

Exterior Features

Docks None
Lot Size Acres 0.4100
Lot Size Square Feet 17859.62
Mls Identifier 20180201170722572567000000
Number of Buildings 1
Sewer Sewer Connected

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Richmond, KY 40475 office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 2.99% 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.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

11/30/2020 Listed $599,000
2/9/2021 10% - $539,900

Property vs Zip Code Average in 40475

Price
AVG $480K
$540K
Visits
AVG 124
313
Walkscore
AVG 44
62
Data Provided by Walkscore ® not using MLS data

Map

212 West Water Street Richmond, KY is a Single Family Home for sale at $539900 with 3219 sqft and a lot size of 0.41 Acres Acre(s). 212 West Water Street Richmond has 0 bedrooms, 0 baths . The property's zip code is 40475 which is in Richmond, KY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% 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.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.