Versatile Industrial Warehouse in Prime Springfield Location

Industrial for Sale
Catylist Listing ID: 30865811
Property Subtypes: Cold Storage, Flex Space, Food Processing, Free-Standing, Mixed Use, Light Industrial, Self Storage, Warehouse/Distribution
Building Status: Proposed
Building Size (RSF): 6,900 SF
Gross Building Area: See Agent
Gross Land Area: 1.58 Acres
Sale Price: $350,000
Unit Price: $50.72 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: 8.0%
Last Updated: 4/24/2024

Overview / Comments

Are you searching for the perfect commercial space in Springfield, KY? Look no further! This exceptional property has everything you need to take your business to the next level. Plus, it comes with the added benefit of two tenants currently on NNN leases, generating a steady monthly income of $2,400.

Key Features:

- Prime Location: Situated in the heart of Springfield, this commercial warehouse enjoys easy access to major routes, making it a convenient choice for your business operations.

- Functional Design: The warehouse boasts loading docks and large overhead doors, providing seamless logistics for your goods and services. Efficiency is at your fingertips.

- Climate Controlled: Whether it's hot summer days or chilly winter nights, your inventory and workspace will remain comfortable year-round thanks to the climate-controlled environment.

- Versatile Space: This property offers flexibility with a spacious kitchen area, perfect for breaks and meals. Additionally, there's ample office space for your administrative needs.

- Additional Income: Two tenants are already in place, bringing in $2,400 monthly on NNN leases. Enjoy a steady income stream from day one.

- Convenience: No more searching for restrooms. This property includes a well-maintained bathroom for your staff and customers.

Contact us today to schedule a viewing!

Additional Details

Nearest MSA: Bardstown
County: Washington
Tax ID/APN: 17-081
Zoning: TBD
Property Condition: Good
Roof Type: Other

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,007 6,705
Median Age: 39.97 40.79
Households: 1,902 2,583

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