1501 E Spring Street, New Albany, IN 47150
Retail-Commercial
for Sale
| Catylist Listing ID: |
30850866 |
| Property Subtypes: |
Vehicle Related, Other
|
| Building Size (RSF): |
442 SF
|
| Gross Land Area: |
8,494 SF
|
| Sale Price: |
$289,000 |
| Unit Price: |
$653.85 PSF |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment, Business |
| Sale Terms: |
Cash to Seller, Owner Financing |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/25/2024 |
Overview / Comments
|
LOCATION! LOCATION! LOCATION! Seller will allow Owner Financing. Established Buy Here/Pay Here Car Lot business serving the Downtown New Albany and surrounding areas. Specializing in the sales of used vehicles. This prime corner car lot presents an exceptional opportunity to continue to establish your automotive business in a high-visibility location. With ample space for showcasing vehicles. Conveniently accessible from major highways and main roads, this car lot ensures your customers can easily find you. Whether you're an established car dealer or an aspiring entrepreneur, this car lot offers the flexibility to create a brand that stands out. Opportunities like this are rare and highly sought after! This would be a great location for another car lot or adding some apartments! sq. ft. is approximate if critical buyers should verify.
|
Financials
| Finance Data Year |
2015 |
| Real Estate Taxes - Annual($) |
$1,441 (Annual) |
| Tax Value Land |
$33,000 |
| Tax Value Improvements |
$18,600 |
| Assessed Value - Total($) |
$51,600 (Annual) |
| Finance Data Year |
2013 |
| Real Estate Taxes - Annual($) |
$1,537 (Annual) |
| Tax Value Land |
$33,000 |
| Tax Value Improvements |
$23,200 |
| Assessed Value - Total($) |
$56,200 (Annual) |
| Finance Data Year |
2011 |
| Real Estate Taxes - Annual($) |
$1,430 (Annual) |
| Tax Value Land |
$34,800 |
| Tax Value Improvements |
$22,100 |
| Assessed Value - Total($) |
$56,900 (Annual) |
Additional Details
| Nearest MSA: |
Louisville-Jefferson County |
| County: |
Floyd |
| Tax ID/APN: |
22-05-02-800-713.000-008 |
| Zoning: |
MC |
| Retail Clientele: |
General, Business |
| Property Visibility: |
Excellent |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Legal Description: |
P 13 L 76 UP SPRING |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
12,007 |
85,653 |
197,894 |
| Median Age: |
34.25 |
35.98 |
36.89 |
| Households: |
5,080 |
34,707 |
83,489 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Kentucky Commercial Real Estate Alliance nor
Moody's assume any liability for errors or omissions.
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