MLS # 56372

Listed by Agent A

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Details
MLS #: 56372 (Multi-Family)
518 E. Main Street
Grayson, KY, 41143
Status: Active
Price: $599,000

Floors: 1
Type: Apt. Building

Full Description: ***OPEN HOUSE on Saturday, April 20th from noon til 2pm.*** Own a piece of Grayson’s history, with instant income producing property. The legendary Shangra La Restaurant and Hotel property currently houses 20 HUD approved apartments on the highly visible and heavily traveled US Rt. 60 / Main St. in Grayson. The property features 300 feet of Main Street frontage. Endless possibilities for the 3000sqft that was formerly used as restaurant space and adjoining office / retail space. Property has had many updates and renovations including a new roof on one of the buildings, flooring, paint and upgrades in many of the units. The property currently has (7) Efficiencies, (5) 1-bedroom apartments, (4) 2-bedroom apartments, and (4) 3-bedroom apartments. Call today for your private showing.
Directions: From I-64 Grayson turn left on Carol Malone go to Main Street turn left in front of Rite Aid go about 1/2 mile property is on left.

Heat: Forced Air Gas||Wall Electric
Basement: Yes
Water/Sewer
  • Public Sewer
  • Public Water

Listing Courtesy of: RE/MAX Realty Connection, LLC

Listed by: Agent A

This listing has been viewed 1147 times.


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