133 W Dixie Avenue

Elizabethtown, KY 42701 View Map $1,199,000 Schedule a Tour
Acres0.09
Year1880
Martin Crane

Martin Crane

(502) 592-7868

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Status: Active
Property Type:Commercial
MLS #:HK23002224
On Site:328 Days
Lot Size:0.09 Acres
County:Hardin
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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Community Information

Address:133 W Dixie Avenue, Elizabethtown, KY 42701
County:Hardin
Zip Code:42701

Features / Amenities

Floors: Hardwood, Tile
Disability Access: 1st Floor Bathroom, Door Levers, Ext Doors Open 36'' +, Grab Bars in Bathroom, Handicap Accessible
Doors and Windows: Replacement Windows
Amenities: Restroom-Public
Miscellaneous: Equipment Included, Inventory Included
Ceiling Height: 7 - 10 Feet
Air Conditioning: Multiple
Heating: Multiple
Heat Source: Natural Gas
Water Heater: Electric

Property Features

Lot Size: 0.09 Acres
Location Features: Historical District
Water: City
Sewer: City
Utilities: 220 V Electric, Natural Gas
Electricity: Phone/Ntwrk Wiring Avail
Driveway/Road Surface: Paved
Access: City Street, Sidewalks
Directions:Downtown Elizabethtown. On the corner of N. Mulberry and W Dixie, diagonally across the street from City Hall.

Tax and Financial Info

Sale/Lease Include: Personal Property

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133 W Dixie Avenue Elizabethtown,  KY 42701
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133 W Dixie Avenue Elizabethtown, KY 42701
 
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Listing Information Last Updated 5/29/2024
Listing provided courtesy of United Real Estate Louisville - Elizabethtown.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than Crane Realtors® include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed. Listing data updated every 12 hours.