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0 Baths
2,148 sqft

$170,000

1405 Gillock Avenue, Carrollton KY, 41008

Price per sqft$79.14
Built in2010
Property size2,148 sqft
Property typeCommercial

Overview

Active

Listed Mar 12, 2026

Updated Jun 10

Investors, don't miss this prime investment opportunity in Carrollton, KY. This commercial property is currently in the 2nd year of a 5-year lease with annual 2 percent rent escalations (2026 lease amount: $1,530/month), providing reliable and growing income. Tenant pays utilities, lawn care, and snow removal, while the landlord covers taxes and insurance (Modified Gross Lease), helping keep ownership responsibilities minimal. The current tenant operates a therapy office, while past tenants have successfully used the space as a tanning salon, demonstrating the property's versatility. The flexible layout is well-suited for professional offices, wellness services, or retail use. A large parking lot provides ample off-street parking for clients and customers. The lower level adds value with space ideal for storage or future build-out to expand usable square footage. Two separate entrances offer potential to partition the property for additional leasing opportunities. Located in a thriving area of Carrollton, this property offers investors stable income today with upside potential for the future. Buyer to verify all information. Seller is related to listing agent.

Additional information

MLS® ID
640521

Interior Features

Bathrooms
0
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.14 Acres

Courtesy of Keller Williams Realty Service, Brandon Breeden,
Listing Contact: 859-620-6209 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Dwell Well Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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