Listing provided courtesy of New Doors Real Estate- MLS# 26009655MLS Provider

111 E Main StreetWilmore, KY 40390

Commercial · 1,867 Sq. ft. | 0.07 Acres
$229,900 Active

111 E Main Street Overview

Time on Site:
59 days
Visits:
5

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.

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111 E Main Street Facts & Features

  • Type Commercial
  • Sq. ft. 1,867
  • Price/Sq.ft. $123
  • Lot 0.07 Acres

Details

General

Income/Expenses

  • Existing Lease Type: NN

Building Information

  • Year Built: 1980

Business Information

  • Business Type: Food \u0026 Beverage,Restaurant

Location/Region

  • County Or Parish: Jessamine
  • MLS Area Major: 009 - Jessamine County
  • MLS Area Minor: 009 - Jessamine County
  • Subdivision Name: Downtown

Rent/Lease Information

  • Tenant Pays: Electricity,Exterior Maintenance,Gas,Sewer,Trash Collection,Water,Insurance,Interior Maintenance

General Information

  • Parcel Number: 024-10-13-005.00
  • Property Sub Type: Business
  • Property Type: Commercial Sale
  • Zoning: Other

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Total: 1867.0
  • Building Area Units: Square Feet

General Information

  • Basement: false
  • Building Features: Kitchen Facilities,Concrete Floor,Tile/Brick Floor,Vinyl Flooring
  • Electric: 200+ Amp Service
  • Living Area Units: Square Feet
  • Stories Total: 1

Exterior

Lot Information

  • Lot Size Dimensions: 30' x 100'
  • Lot Size Square Feet: 3000.0
  • Lot Size Units: Acres
  • Number Of Buildings: 1

Building Exterior/Construction

  • Construction Materials: Block
  • Roof: Metal

General Information

  • Sewer: Public Sewer
  • Utilities: Electricity Connected,Sewer Connected,Water Connected

111 E Main Street Neighborhood

Community

40390 (Wilmore) Demographics

30
Median Age
308
Population Density (per sq. mile)
52%
College Educated
$71,811
Estimated Median Income
1,247
Estimated Total Home Owners
1,114
Estimated Total Renters
53% / 47%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

111 E Main Street Monthly Cost

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$
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

111 E Main Street Market Data

Based on the last 30 days in this zip code

$872,403
Average List Price
$282
Average Price per Square Foot
4
Properties Sold
85
Average Days on Market
30
Properties for Sale
Calculations provided by Reliance Network

111 E Main Street History

Date Event Value Agent
5/1/2026Source: Imagine MLS/Bluegrass Added to Database
May 01, 2026