Seller Financing
Address
212 W Water Street Richmond, KY
Price
$ 539,900
Property Attributes
  • MLS#20023534
  • TypeCommercial
  • CountyMADISON
  • CityRichmond
  • AreaMadison County
  • Zip40475
  • StyleRestaurant
  • Taxes62
  • Price$ 539,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3219
  • Lot Size0.41 Acres
Listing Provided Courtesy Of:
Rector Hayden, Realtors
Data Source:
Lexington - Bluegrass Association of REALTORS
Property Description

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.

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

General Features

# of Buildings 1
Board Loaded No
Construction Wood, Stone, Concrete
Electric Expense 450
Fire Code No
Fuel 60
Lease Type None
MLS Area Madison County
Misc. Features Air Conditioning, Security Alarm, 100/200 Amp, 3 Phase Electricity, Hot Water Heater
Non Conforming No
Parking Features 21 - 35 Spaces
Possession Close Of Escrow, Negotiable
Property SubType Restaurant
Property Type Comm/Prof/Ind
Region Areas
Roof Composition, Shingle
Sewer Sewer Connected, Sanitary, Storm, City
Sprinklers None
Sub Lease Expiration Date 1800-01-01T00:00:00
Subdivision Name Commercial
Tax Rate .0115072
Terms Sale, Cash, Conventional, Seller Financing
Utilities Electricity Connected, Natural Gas Connected, Water Connected, Telephone, Other
Virtual Tour https://youtu.be/4_F09eHP4jA
Water Sewer Expense 60
Zoning Description B1

Interior Features

Building Sf 3219
Ceiling Dropped, Open
Electricity Location Front
Floor Type Wood, Tile/Brick
Living Area 3219.00
Mens Restrooms 1
Stories One
Telephone 180
Water Heater Size 40
Womens Restrooms 1

Exterior Features

Bathrooms 0.00
Docks None
Lot Depth 206
Lot Front Footage 95
Lot Size Acres 0.41
Lot Size Square Feet 17990.00
Lot Size Units Acres

Amenities

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

Property vs Zip Code Average in 40475

Price
AVG $240K
$540K
Visits
AVG 78
119
Walkscore
AVG 38
62
Data Provided by Walkscore ® not using MLS data

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