583 W Highway 92, Williamsburg, KY 40769

$1,000,000
Property Type: Commercial Sale Square Footage: 1,835 Status: Closed
Current Price: $1,000,000 List Date: 6/20/2019 Last Modified: 11/25/2025

Overview

Description

Triple net investment opportunity without all the hassle of the day to day issues. This property has a triple net lease for $8000/mo (8.3 cap). Lessee pays all taxes, maintenance & repairs, and Insurance. Huddle House building and lot available for sale. Very established Huddle House restaurant. This a free-standing retail building with a private parking lot, located in the new Walmart Shopping Center. Property has excellent exposure on major highway and I-75.

Listing Details MLS# 1913983

Listing Information

Property Sub Type
Business

Status Change Information

Status Change Timestamp
2021-11-13
Purchase Contract Date
2021-06-15
Close Date
2021-08-31
Close Price
1000000
Buyer Financing
Other
Sale Type
Arms Length Sale

Address

County
Whitley
Street Number
583
Street Direction Prefix
W
Street Name
Highway 92
State
KY
Zip Code
40769

Contract

Original List Price
1150000
Start Showing Date
2019-06-19
Listing Contract Date
2019-06-19
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant
Office Exclusive YN
No
SP/LP
0.87

Tax Legal

MLS Area Major
068 - Whitley County
Subdivision Name
Commercial

Interior

Living Area
1835

More Information

Parking Information

Parking Total
20

Building

Year Built
2003
Stories Total
Yes

Remarks

Public Remarks
Triple net investment opportunity without all the hassle of the day to day issues. This property has a triple net lease for $8000/mo (8.3 cap). Lessee pays all taxes, maintenance & repairs, and Insurance. Huddle House building and lot available for sale. Very established Huddle House restaurant. This a free-standing retail building with a private parking lot, located in the new Walmart Shopping Center. Property has excellent exposure on major highway and I-75.

Building and Property Details

# of Men's Restrooms
Yes
# of Women's Restrooms
Yes

Income and Expenses

Gross Income
96000
Net Operating Income
96000

Showing Information

Showing Instructions
Call Brenda Lawson listing agent 606-224-4343

Tax & Legal

Tax Rate
7.61
Zoning Description
commercial
Directions
I 75 South take exit 11, Turn right then left into Walmart Shopping Center. Huddle House is on your left.

Lot

Lot Size Acres
0
Lot Size Square Feet
0

Construction Materials

Brick
Yes

Listing Terms

1031 Exchange
Yes
Lease Option
Yes

Possession

Close Of Escrow
Yes

Special Listing Conditions

Standard
Yes

Business Type

Commercial
Yes
Restaurant
Yes

Sale Includes

Building(s)
Yes
Land
Yes
Leases
Yes

Property Features

Business Type: Commercial; Restaurant Construction Materials: Brick Listing Terms: 1031 Exchange; Lease Option Possession: Close Of Escrow Sale Includes: Building(s); Land; Leases Special Listing Conditions: Standard
Listing Office: Kentucky Wide Realty
Last Updated: November - 25 - 2025
Information deemed reliable but not guaranteed.
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