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1405 Gillock Avenue

Carrollton, KY 41008
  • $170,000
  • STATUS: Active
  • ON SITE: 67 Days
  • MLS #: 640521
UPDATED: 54 min ago
$170,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2010
County:
Area:

School Ratings & Info

Description

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.

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Northern Kentucky MLS logo © 2026 Northern Kentucky Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Northern Kentucky Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Apex Group | Keller Williams are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. All data provided is copyrighted by the Northern Kentucky Multiple Listing Service, Inc. Its use is strictly for consumers of real estate and may only be displayed on the internet by participating members of the Northern Kentucky Multiple Listing Service. All attempts to illegally reproduce or host this data will be prosecuted to the fullest extent of the law. Data last updated: 2026-05-19T14:24:22.11.
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1405 Gillock Avenue Carrollton, KY 41008

  • Price: $170,000
  • Status: Active
  • On Site: 67 Days
  • Updated: 54 min ago
  • MLS #: 640521
0
Beds
0
Baths
0
½ Baths
0.14
Acres
2010
Built
Neighborhood:
Carroll Cty
County:
Carroll
Area:
Carroll Cty
Property Description
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.
Exterior Features

Attached Garage YN No Construction Materials BlockMetal Siding Exterior Features Lighting Foundation Details Block Levels Two Parking Features Parking Lot Road Frontage Type City Street Road Surface Type Asphalt Roof Metal

Interior Features

Basement Full Cooling Zoned Cooling YN Yes Flooring Vinyl Heating Heat Pump Heating YN Yes Living Area 2148

Property Features

Business Type OtherBusinessChild CareCommercialDentalHair CareMedicalProfessional ServiceProfessional/OfficeRetail Lot Size Dimensions Of Record New Construction YN No Owner Pays Taxes Property Class Commercial Property Condition Existing Structure Property Sub Type Office Sewer Public Sewer Tenant Pays All UtilitiesCommon Area Maintenance Water Source Public Zoning Description Commercial

Northern Kentucky MLS logo Courtesy of Pivot Realty Group: 859-578-8111. © 2026 Northern Kentucky Multiple Listing Service, Inc. All rights reserved. Information has not been verified, is not guaranteed, and subject to change.


Northern Kentucky MLS logo © 2026 Northern Kentucky Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Northern Kentucky Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Apex Group | Keller Williams are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. All data provided is copyrighted by the Northern Kentucky Multiple Listing Service, Inc. Its use is strictly for consumers of real estate and may only be displayed on the internet by participating members of the Northern Kentucky Multiple Listing Service. All attempts to illegally reproduce or host this data will be prosecuted to the fullest extent of the law. Data last updated: 2026-05-19T14:24:22.11.
 
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7210 Turfway Rd
Florence KY, 41042