111 E Main Street, Wilmore, KY 40390
Downtown · Jessamine County
Key Facts
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 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.
Property Information
Property Type
Commercial Sale
Sub-Type
Business
Year Built
1980
Stories
1
Living Area
1,867 sq ft
Lot Size
0.07 acres
Lot Dimensions
30' x 100'
Zoning
Other
MLS® Listing#
26009655
Property Features
Appliances
Cooling
Heating
Construction
Roof
Utilities
Sewer
Financial Details
Parcel Number
024-10-13-005.00
Directions
From Harrodsburg Road out of Lexington (US 68), turn left onto Hwy 29 toward Wilmore (becomes Lexington Road), then at 2nd stop light, turn left onto East Main Street. Property is on the left.
Affordability Calculator
$45,980
Estimated monthly payment
$1,224/mo
Principal $183,920 · Est. interest $256,585 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Wilmore, KY
- $1,000,000
- Median Listing Price
- 68
- Median Days on Market
- 3,068
- Median Sq Ft
- $304
- Median Price / Sq Ft
- 19
- Active Listings
- This home’s price is 77% below the area median.
- Its price per sq ft is 59% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Wilmore, KY.
Location
Points of Interest in Wilmore, KY
Showing the Wilmore area map.
Nearby Schools
Jessamine County Early Childhood
School · 0.2 mi away
The Providence School
Secondary · 0.2 mi away
Wilmore Elementary School
Elementary · 0.7 mi away
West Jessamine High School
Secondary · 3.1 mi away
Rosenwald Dunbar Elementary School
Elementary · 3.3 mi away
West Jessamine Middle School
Secondary · 3.4 mi away
County of Jessamine
School · 4.1 mi away
Jessamine County Schools
Secondary · 4.1 mi away
Academy of Little Learners
School · 4.3 mi away
Hattie C. Warner Elementary School
Elementary · 4.3 mi away
Brookside Elementary School
Elementary · 4.4 mi away
Nicholasville Elementary School
Elementary · 4.7 mi away
Mba USA Inc
Secondary · 5.7 mi away
East Jessamine High School
Secondary · 5.9 mi away
East Jessamine Middle School
Secondary · 6.6 mi away
Red Oak Elementary School
Elementary · 6.7 mi away
Providence School
Secondary · 7.9 mi away
Creative Montessori School
Elementary · 8.7 mi away
Burgin Independent School
School · 9.3 mi away
Creation Kingdom
School · 10.2 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 108 Murph Pass, Wilmore, KY | $162,000 | — | — | — |
| 112 Murph Pass, Wilmore, KY | $162,000 | — | — | — |
| 125 Gavin Way, Wilmore, KY | $164,000 | — | — | — |
| 109 Gavin Way, Wilmore, KY | $164,000 | — | — | — |
| 101 Ava Court, Wilmore, KY | $164,000 | — | — | — |
| 107 Ava Court, Wilmore, KY | $164,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in Wilmore
Listing Courtesy: New Doors Real Estate - 8593967795
Last Updated: 2026-05-01