111 E Main Street,Wilmore, KY 40390
Wilmore, KY 40390
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 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. 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.
Details
| MLS # | 26009655 |
|---|---|
| Listing Type | For Sale |
| Style | Business |
| Sub-Type | Resale |
| Status | Active |
| Year | 1980 |
| Days On Site | 119 |
| Listing Provided By | New Doors Real Estate | Charles D Beaman |
Features
| SQ Feet | 1,867 |
|---|---|
| Building(s) | 1 |
| Zoning | Other |
| Acreage | 0.07 |
Interior
| Cooling | Electric |
|---|---|
| Heating | Natural Gas |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
Exterior
| Roof | Metal |
|---|---|
| Construction Materials | Block |
Utilities
| Utilities | Electricity Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
| Electric | 200+ Amp Service |
Area Information
| State | KY |
|---|---|
| County | Jessamine |
| City | Wilmore |
| Zip Code | 40390 |
| Area | 009 Jessamine County |
| Subarea | Jessamine County |
| Community Name | Downtown |
| Listing VS Median (in Downtown) | |
Price: $229,900 low | high Med: $225,000 sqft: 1,867 low | high Med: 1,013 $ / sqft: $123 low | high Med: $228 On site: 119 low | high Med: 26.5 | |
Market Activity 40390
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Learn More About This Property
| State | KY |
|---|---|
| County | Jessamine |
| City | Wilmore |
| Zip Code | 40390 |
| Area | 009 Jessamine County |
| Subarea | Jessamine County |
| Community Name | Downtown |
| Listing VS Median (in Downtown) | |
Price: $229,900 low | high Med: $225,000 sqft: 1,867 low | high Med: 1,013 $ / sqft: $123 low | high Med: $228 On site: 119 low | high Med: 26.5 | |
