201 E Pike Street, Cynthiana, KY 41031
Downtown · Harrison County
Key Facts
Description
Located in the heart of downtown Cynthiana, 201 East Pike Street is a beautifully restored mixed-use building positioned on the highly visible corner of Pike and Walnut, offering exceptional exposure in a thriving business district. This turnkey investment opportunity features a fully occupied property with strong, consistent income from day one. The ground level is leased to a successful, established bookstore, providing a stable commercial anchor. The upper level includes four fully rented residential units, consisting of three efficiency apartments and one one-bedroom apartment, offering a well-balanced rental mix. The building underwent a complete renovation in 2019, blending historic charm with modern updates, ensuring low maintenance and long-term appeal. With its prime location, strong tenant occupancy, and immediate cash flow, this property presents an outstanding opportunity for investors seeking a high-performing asset in a growing downtown market.
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Year Built
1869
Stories
2
Living Area
3,760 sq ft
Lot Size
0.09 acres
Zoning
Other
MLS® Listing#
26007232
Property Features
Appliances
Cooling
Heating
Basement
Construction
Roof
Utilities
Sewer
Financial Details
Parcel Number
103-1026-001-00-000
Directions
Located downtown on the corner of Pike and Walnut Street. Street or city parking.
Affordability Calculator
$93,980
Estimated monthly payment
$2,501/mo
Principal $375,920 · Est. interest $524,442 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Cynthiana, KY
- $384,615
- Median Listing Price
- 35
- Median Days on Market
- 2,059
- Median Sq Ft
- $194
- Median Price / Sq Ft
- 32
- Active Listings
- This home’s price is 22% above the area median.
- Its price per sq ft is 36% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Cynthiana, KY.
Location
Points of Interest in Cynthiana, KY
Showing the Cynthiana area map.
Nearby Schools
St Edward School
Elementary · 0.2 mi away
Harrison County Area Technology Center
Secondary · 0.5 mi away
Harrison County Middle School
Secondary · 0.5 mi away
Southside Elementary School
Elementary · 0.6 mi away
Eastside Elementary School
Elementary · 1.3 mi away
Westside Elementary School
Elementary · 1.7 mi away
Northside Elementary School
Elementary · 2.4 mi away
Bourbon County Schools
Elementary · 11.8 mi away
Paris City Schools
School · 12.3 mi away
Paris High School
Secondary · 12.4 mi away
St Mary School
Elementary · 12.7 mi away
Paris Elementary School
Elementary · 12.9 mi away
Bourbon County Middle School
Secondary · 13.5 mi away
Bourbon County Schools
Elementary · 14.1 mi away
Eastern Elementary School
Elementary · 14.8 mi away
Nicholas County Elementary School
Elementary · 14.9 mi away
Nicholas County High School
Secondary · 14.9 mi away
Nicholas County Board of Education
School · 15.0 mi away
Northern Elementary School
Elementary · 15.6 mi away
Royal Spring Middle School
Secondary · 17.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 402 S Elmarch Avenue, Cynthiana, KY | $374,950 | 4 | 3 | 2,688 |
| 115 Grandview Drive, Cynthiana, KY | $375,000 | 3 | 3 | 3,446 |
| 82 Windy Ridge Lane, Cynthiana, KY | $450,000 | 2 | 2 | 1,305 |
| 82 Windy Ridge Lane, Cynthiana, KY | $450,000 | 2 | 2 | 1,305 |
| 112 Desha Drive, Cynthiana, KY | $460,653 | 3 | 3 | 2,114 |
| 1518 Hughes Lane, Cynthiana, KY | $489,900 | 3 | 2 | 2,003 |
Moving Cost Estimate
EXIT Agents in Cynthiana
Listing Courtesy: Palmer-Hampton Realty - 8592341120
Last Updated: 2026-04-06