110 W Kentucky Ave, Pineville, KY 40977

Property Description

Investor Opportunity: Downtown Mixed-Use with Active STR Cash Flow + Clear Upside Exceptional value at $350,000 for this high-visibility mixed-use property at 110 W Kentucky Ave in the heart of Pineville's town square on HWY 25E. Approximately 5,943-6,250 SF total. The upper level operates as the established Boone Trace Inn short-term rental with 7 private bedrooms (coded entry), gathering room, fully equipped kitchen, dining area, and 2.5 baths—delivering current income while positioned to attract regional visitors and tourists. The lower level (~3,125 SF) offers flexible commercial space, partially configured as a vendor's mall and ideal for restaurant, retail, professional/medical office, pub, or multi-tenant uses. Prime downtown exposure and traffic create strong potential to grow both the STR performance and commercial income streams. Attractive basis well under $60/SF for an income-producing mixed-use asset with multiple paths to increased returns. Ideal for the investor seeking immediate cash flow plus value-add opportunity in a high-visibility location. Downtown town-square / HWY 25E location provides excellent visibility. Current STR baseline already exceeds typical Pineville market averages; the gap between current passive results and optimized performance is the primary value-add story. Strong candidate for investors focused on operational upside rather than pure turnkey yield.