Multi-Use Industrial M-2

Industrial for Sale
Also listed as Special Purpose
Catylist Listing ID: 30865236
Property Subtypes: Industrial-Business Park, Manufacturing, Mixed Use, Light Industrial, Office Showroom, Self Storage, Truck Terminal, Warehouse/Distribution, Other
Building Size (RSF): 8,784 SF
Gross Building Area: See Agent
Gross Land Area: 1.17 Acres
Sale Price: $499,900
Unit Price: $56.91 PSF
Office SF: 6,343 SF
Property Use Type: Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/28/2024

Overview / Comments


Come check out this unique property that has just lowered the price!!

Seize this extraordinary opportunity as the owner of this prime industrial listing zoned Industrial M-2, situated on an expansive 1.17 acres. The front building, where the owner has resided, offers a generous 2,441 square feet of usable space along with a basement spanning 1,480 square feet. Revel in the added features, including a substantial 30x90 room addition at the rear for versatile use.

A heated enclosed 15x14 fully glassed room was thoughtfully added to the front of the structure, boasting a separate entrance. The entire property has undergone upgrades, with replaced windows adorned with plantation shutters for a contemporary touch. Convenience meets practicality with dedicated laundry facilities on both the first floor and basement. Admire the beautiful hardwood floors gracing the first floor, and experience the modern charm of the updated bathroom featuring a walk-in shower.

Complementing the main structure is an impressive outbuilding, spanning 6,343 square feet. This multifunctional space encompasses a well-equipped shop complete with a front counter, dedicated office space, and a convenient bathroom facility. A specialized spray paint bay and extensive storage, including ample shelving, enhance the functionality. Attached to the office space is a 16x30 garage with two doors, one featuring a pit, upstairs loft area, and an on-site air compressor for added convenience.

There is 0.52 acres of paved land featuring 6 water, electric, and gas hook-ups. Presently utilized for RV storage, this area offers sufficient room for around 18 commercial vehicles. Lease agreements are currently not bound, allowing the new owner the flexibility to either extend or terminate them based on their preferences.

The entire property is securely fenced, sufficient lighting and ensuring privacy and peace of mind. With its coveted Industrial M-2 zoning, this property offers a multitude of usage options, making it a strategic and versatile investment.

Please don't miss out on this chance to step in and create new, profitable ways to use this unique property.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Taxing Authority: Jefferson County
Tax ID/APN: 114800240000
Zoning: M-2 - Industrial District
Property Located Between: Cane Run Road and Dixie Highway
Highway Access: Take 264 West and Exit Shively and in 3 miles make left on to Ralph Avenue.
Site Description: Area that is 1.12 acres with a warehouse, office space, home, 17 parking spaces lots of open area. Garage that semi could pull into with pit and lots of stroage areas on site. Home has 3 bedroom, addition on back and covered carport.
Area Description: Ralph Ave is industrial area that is known for Mothers Cookies Manufacturer, many other warehouse companies. Also, the area of bourbon warehouses.
Tenancy: Multiple Tenants
Total Number of Buildings: 5
Number of Stories: 1
Typical SF / Floor: 2,441 SF
Property Condition: Good
Year Built: 1946
Construction/Siding: Brick/Aluminum Siding
Exterior Description: Gray building and red brick home.
Parking Type: Surface
Parking Description: There is a driveway and lot in back that can house 17 vehicles or more.
Total Parking Spaces: 30
Sprinklers: Other
Heat Type: Other
Heat Source: Other
Air Conditioning: Other
Lighting: Other
Zoning Description: M-2 Industrial
Water Service: Municipal
Sewer Type: Municipal, Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,687 127,773 247,486
Median Age: 40.55 36.08 36.31
Households: 4,418 53,234 103,272

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