USAKYWilmoreDowntown111 E Main Street
111 E Main Street | Image 1
New
111 E Main Street | Image 2
111 E Main Street | Image 3
111 E Main Street | Image 4

$229,900

For Sale

13 hours ago

111 E Main Street, Wilmore, KY

House

MLS® 26009655

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size -
Garage 
Taxes 
Days Active 0
Lot Size 
Approx. Age 1980
MLS® Number 26009655

Property Address: 111 E Main Street, Wilmore, KY, 40390

Average square foot calculated using Size range provided by listing agent.

Description

Prime opportunity to own a well-located commercial building in the heart of Wilmore's active and walkable downtown district. This 1, 867 SF (per appraisal) one-story building sits on a 30' x 100' lot just steps from Asbury Theological Seminary and minutes from Asbury University, surrounded by local shops, dining, and daily foot traffic. The property is currently occupied by Solomon's Porch, a well-established café, restaurant, and catering business that has served the community for over 20 years (business not included in sale). The tenant operates on a month-to-month basis and has expressed a desire to remain, offering immediate in-place income with flexibility for future use or redevelopment. Effective July 1, 2026, rent has been increased to $1, 050 per month ($6.75/SF/YR), reflecting a meaningful adjustment from historically below-market levels under prior ownership and providing a foundation for potential future upside. Pursuant to the existing lease, Tenant holds a right of first refusal to purchase the property, including a ten (10) day period to elect to match the terms of any bona fide third-party offer. Ideal for investors seeking a value-add or stable income opportunity, as well as owner-users looking to establish a presence in one of Central Kentucky's most unique and close-knit communities.
MLS® Number26009655
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1980
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 1, 2026List Date
$229,900List Price
  • Commute

Commute

Starting Address
Destination Address
111 E Main Street, Wilmore, KY

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