Catylist ID:
#30869812
| Catylist Listing ID: | 30869812 |
| Property Subtypes: | Sports/Entertainment |
| Building Size (RSF): | 19,116 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 0.43 Acres |
| Sale Price: | $1,625,000 |
| Property Use Type: | Vacant/Owner-User |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 5/3/2024 |
Overview / Comments
|
Discover an incredible investment opportunity with this versatile property nestled within the grounds of a vibrant church community. Presenting a state-of-the-art gymnasium perfectly suited for a multitude of uses. The first floor boasts sleek tile flooring, offering an ideal foundation for fitness activities and events. Ascend to the second floor, where the inviting ambiance of wood-laminate and plush carpeting sets the stage for comfort and versatility. Equipped with full-sized basketball courts and goals, this gymnasium caters to sports enthusiasts and community gatherings alike. Whether you're hosting tournaments, fitness classes, or social events, there's ample space to accommodate your vision. Convenience is key with kitchen and restroom facilities available on both levels, ensuring seamless operations for events and day-to-day activities. A dedicated youth room provides a safe and engaging space for younger members to enjoy recreational activities. Additionally, the property features office space for administrative needs and a rear shed for storage or potential expansion opportunities. Don't miss out on this rare opportunity to own a property. This property is listed 3 ways (Church, Gymnasium, Combined) |
Attachments & Media
Additional Details
| Nearest MSA: | Louisville/Jefferson County |
| County: | Clark |
| Tax ID/APN: | 102000301981000010 |
| Zoning: | NR & R-1 |
| Property Visibility: | Good |
| Largest Nearby Street: | Utica Pike |
| Feet of Frontage: | 340 |
| Highway Access: | I-65 |
| Site Description: | The gym is 19,116 SF with a basketball court and a second-floor space for upper-level Office/Storage use |
| Area Description: | the neighborhood is predominantly single-family residential, with multifamily residential, commercial, industrial, and other uses scattered throughout. Access to major transportation routes, shopping, and employment centers is average to good. The utilities servicing the area are adequate. River Ridge Commerce Center has undergone major expansion in recent years and gained momentum when construction began on the two new Ohio River bridges between Jeffersonville and Louisville. With the local economy growing and the Ohio River bridges project complete, Jeffersonville is poised for substantial new growth. This growth has been slowed by the COVID-19 pandemic but appears to be regaining momentum. These trends are positive for most types of property in the subject neighborhood, including commercial properties like the subject. |
| Total Number of Buildings: | 1 |
| Number of Stories: | 2 |
| Typical SF / Floor: | 19,116 SF |
| Property Condition: | Good |
| Year Built: | 1997 |
| Roof Type: | Other |
| Construction/Siding: | Metal Siding |
| Exterior Description: | Brick and Stone Block foundation |
| Parking Type: | Surface |
| Heat Type: | Electricity |
| Interior Description: | Walls: Drywall on Plaster and concrete block. Floors: First floor is tile and second floor is wood-laminate, and carpet. Ceiling: Tile Ceiling Lighting: Indoor sodium vapor lighting, and fluorescent lights. Electric: 400-amp main electric service (400 total) Plumbing: Two 2-fixture restrooms, two 4-fixture restrooms. Heating/Cooling: one 2.5-ton and one 3.5 ton Air Conditioning Other Features: Full sized basketball court and goals. |
| Zoning Description: | The subject site is zoned NS Institutional Use and R-1 Residential. Based on a review of the zoning restrictions, the subject site appears to be a legal non-conforming grandfathered use with this classification. |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Easements Description: | No title report was supplied. It is assumed that the subject is encumbered by typical utility and road easements that do not affect value. No encroachments were noted at the time of inspection. |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 8,708 | 74,674 | 237,234 |
| Median Age: | 39.92 | 39.01 | 38.34 |
| Households: | 3,772 | 34,004 | 104,997 |
| © Copyright 2024 Moody's. All Rights Reserved. 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. |
