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The Prizing House 329 S Church St

16,000 SF Light Industrial Building Cynthiana, KY 41031 £591,750 (£37/SF)

Investment Highlights

  • Spanning nearly 16,000 square feet across an expansive an acre and half
  • Fully equipped catering kitchen
  • 6,600 square feet of warehouse space
  • Renovated in 2009 with a healthy list of improvements
  • 40+ parking spaces
  • In business for 15 years

Executive Summary

Discover the allure of 329 South Church Street in Cynthiana – home to The Prizing House, a storied landmark pulsating with community vitality. Formerly a tobacco Prizing House and the inaugural site of 3M's Cynthiana plant, this property weaves a rich tapestry of industrial history into its very foundation.
Spanning 15,600 square feet across an expansive acre, The Prizing House epitomizes versatility and revenue-generating potential. Nestled in the heart of downtown Cynthiana, its prime location offers both historical charm and contemporary convenience. This is more than just real estate; it’s a canvas for your vision.
Renovated to perfection, The Prizing House boasts upgraded electrical systems, HVAC units, and a healthy list of building improvements in recent years. Additional features include Phase 3 Electric, a fully equipped catering kitchen, and a loading dock, ensuring operational readiness for varied entrepreneurial endeavors. A generous parking lot with 40+ spaces adorns the main entrance, supplemented by an additional 20 spaces just across the road.
Step inside to discover its transformation: the front half gleams as a premier special events venue, featuring a 9,000 square foot banquet hall, complemented by a groom’s room, bridal suite, office, and more. Here, weddings, proms, galas, and community gatherings find their perfect setting.
The rear half of the property unveils a spacious 6,000 square foot warehouse, ideal for distribution, storage, or bespoke business ventures. Versatility is the cornerstone here, catering effortlessly to diverse commercial needs.
Seize the opportunity to own a piece of Cynthiana’s heritage with The Prizing House. Whether you’re expanding event capabilities, leasing warehouse space, or creating a distinctive mixed-use environment, this property promises endless potential. The new owner has the freedom to reimagine the space to suit their vision, unrestricted by current usage. Embrace the legacy. Embrace the future.
The business is also available for sale with the property for $950,500.

Property Facts

Price £591,750
Price Per SF £37
Sale Type Investment or Owner User
Property Type Light Industrial
Property Subtype
Showroom
  • OfficeLoft Creative Space
Building Class C
Lot Size 0.97 AC
Rentable Building Area 16,000 SF
Number of Floors 1
Year Built/Renovated 1917/2009
Tenancy Single
Parking Ratio 2.19/1,000 SF
No. Dock-High Doors/Loading 3

Amenities

  • Freezer (Space)
  • Storage Space
  • Air Conditioning

Utilities

  • Lighting - LED
  • Gas
  • Water
  • Sewer - County
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
103-2003-014-00-000
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£104,148

zoning

Zoning Code B-1 (Commercial)
B-1 (Commercial)
  • Listing ID: 32781407

  • Date on Market: 13/08/2024

  • Last Updated:

  • Address: 329 S Church St, Cynthiana, KY 41031

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