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112 S Troy Ave 1,600 SF Retail Building Stanford, KY 40484 $488,572 CAD ($305.36 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • • Prime Highway 127 frontage with approx. 80–100 ft of visibility
  • • 36' x 48' commercial building with storefront, garage bay & service door
  • • Estimated replacement cost: approx. $388,800
  • • High-traffic commercial corridor connecting Danville, Stanford & Lancaster
  • • Additional 1-acre parcel available next door for expansion
  • • Strong corridor growth and limited supply of small commercial buildings

EXECUTIVE SUMMARY

Versatile 1,728 SF commercial building positioned directly on U.S. Highway 127 South in Stanford, KY. This property offers high visibility, strong daily traffic counts, and Highway Business zoning that supports a wide range of commercial uses including retail, office, light automotive, contractor operations, storage, or showroom space. The building features a storefront entrance, one garage bay, a service door, and a newer heat pump system for efficient heating and cooling.
The property sits on a half-acre site with excellent ingress/egress, ample parking, and clean frontage exposure. An adjacent 1-acre parcel is available for an additional $150,000, providing a rare opportunity to assemble a larger commercial footprint for expansion, outdoor storage, or additional structures.
The building is simple, functional, and low-maintenance, making it ideal for an owner-operator seeking their own business location. Estimated replacement cost at $225 per square foot places the value around $388,800, making the current asking price very competitive in today’s construction environment.
Highway 127 is one of Lincoln County’s primary commercial corridors, delivering steady traffic and direct connectivity between Danville, Stanford, and Lancaster. Small, flexible commercial buildings with highway exposure are increasingly limited in supply, and this property offers strong long-term utility and market positioning for a wide variety of uses.

TAXES & OPERATING EXPENSES (ACTUAL - 2026) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99

TAXES & OPERATING EXPENSES (ACTUAL - 2026) Click Here to Access

Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,600 SF
Building Class
C
Year Built
1997
Price
$488,572 CAD
Price Per SF
$305.36 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.50 AC
Zoning
Highway Business - Highway Business zoning allows retail, service, office, automotive, and general commercial uses with strong corridor visibility.
Frontage
100’ on Troy Avenue

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07-024F
Land Assessment
$70,550 CAD (2025)
Improvements Assessment
$211,650 CAD (2025)
Total Assessment
$282,200 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
  • Listing ID: 38552215

  • Date on Market: 2025-11-24

  • Last Updated:

  • Address: 112 S Troy Ave, Stanford, KY 40484

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