125 Big Sink Pike, Versailles, KY

$912,500
Property Type: Commercial Sale Square Footage: 7,000 Lot Size (sq. ft.): 74,052 Status: Closed
Current Price: $912,500 List Date: 7/13/2012 Last Modified: 9/03/2025

Overview

Description

Excellent investment with the potential to build another office building. This is a fully leased office building with 3 long term tenants. The monthly rent is $6,800.00 and the tenants pay their own utilities. Conveniently located on Big Sink Pike just one block from the By-Pass. The lot is 1.70 acres and the current owner has designed a way to place a 5,200 square foot building on .70 acre. Buy the property, build your own building and let the income stream pay for it all!

Listing Details MLS# 1213274

Listing Information

Property Sub Type
Office

Status Change Information

Price Change Timestamp
2012-12-21T14:31:49Z
Status Change Timestamp
2012-12-21
Purchase Contract Date
2012-12-07
Close Date
2012-12-20
Close Price
912500
Buyer Financing
Cash

Address

County
Woodford
Street Number
125
Street Name
Big Sink
Street Suffix
Pike
State
KY

Contract

Original List Price
1085000
Start Showing Date
2012-07-09
Listing Contract Date
2012-07-09
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant
Office Exclusive YN
No
List Price/SqFt
155
Sold Price/SqFt
130.36
SP/LP
0.84

Tax Legal

MLS Area Major
010 - Woodford County
Subdivision Name
Commercial

Interior

Living Area
7000
Building Area Total
7000

More Information

Building

Year Built
1995
Stories Total
Yes

Lot

Lot Size Acres
1.7
Lot Size Square Feet
74052.07

Remarks

Public Remarks
Excellent investment with the potential to build another office building. This is a fully leased office building with 3 long term tenants. The monthly rent is $6,800.00 and the tenants pay their own utilities. Conveniently located on Big Sink Pike just one block from the By-Pass. The lot is 1.70 acres and the current owner has designed a way to place a 5,200 square foot building on .70 acre. Buy the property, build your own building and let the income stream pay for it all!

Income and Expenses

Gross Scheduled Income
81600
Less Operating Expenses
13000
Net Operating Income
68600
Total Actual Rent
81600

Tax & Legal

Zoning Description
P-1
Directions
US 60 to Versailles and take the By-Pass to the right. Turn right at the second traffic signal (onto Big Sink) and the property will be on your left.

Construction Materials

Brick
Yes

Roof

Shingle
Yes

Special Listing Conditions

Standard
Yes

Business Type

Professional/Office
Yes

Ceiling

Dropped
Yes

Sale Includes

Building(s)
Yes
Land
Yes

Tenant Pays

Electricity
Yes
Gas
Yes
Sewer
Yes
Trash Collection
Yes
Water
Yes

Property Features

Business Type: Professional/Office Ceiling: Dropped Construction Materials: Brick Roof: Shingle Sale Includes: Building(s); Land Special Listing Conditions: Standard Tenant Pays: Electricity; Gas; Sewer; Trash Collection; Water
Listing Office: The Gibson Company
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.
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