South Louisville - Land and Building

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30151082
Property Subtypes: Car Wash, Convenience Store, Free-Standing Building, Garden Center, Mixed Use, Parking Facility, Restaurant, Retail-Pad, Service Station/Gas Station, Street Retail, Tavern/Bar/Nightclub, Vehicle Related, Other
Status: Pending
Building Size (RSF): 1,824 SF
Gross Building Area: See Agent
Gross Land Area: 1.44 Acres
Sale Price: $89,500
Unit Price: $49.07 PSF
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/15/2017

Overview / Comments

About 9 miles from Louisville International Airport with easy access to I-65 and downtown Louisville, this parcel and building are located near the intersection of South Park Road and Blue Lick Road in South Louisville. The area is a mixture of residential, retail and light commercial. The property is 1.4387 acres with a 1,824 square foot building that has three rooms and a bath currently being used as a church
Room sizes are
15'4" x 14'09" office
30'6" x 23'10" chapel
30'8" x 15'6" fellowship
Total paved area is 7,900 sq. ft. The building is 61 years old. The property was most recent assessment at $230,470.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Taxing Authority: Jefferson County Property Valuation Administration
Tax ID/APN: 066000350000
Zoning: C-1 - Commercial District
Property Located Between: East of I-65 and North of I-265
Property Visibility: Excellent
Largest Nearby Street: Blue Lick Road
Highway Access: I-65 and I-265
Airports: Louisville International Airport is 9 miles away.
Site Description: Building is currently leased as church. Lease ends in August 2016.
Area Description: Mixture of residential, retail and light commercial
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1955
Construction/Siding: Brick
Parking Type: Surface
Parking Description: Parking is on asphalt
Zoning Description: Retail and Commercial
Water Service: Municipal
Land Ownership: Land is owned
Legal Description: Beginning at the intersection of the center line of the South Park Road and Center line of Blue Lick Pike; thence with the center line of Blue Lick Pike, South 0 degrees 07 minutes East, 176.06 feet to a spike in center of the same and corner to 35 acre tract conveyed to Joseph Hovakamp by deed recorded in Deed Book 999, Page 593 in the Office of the Clerk of the County Court of Jefferson County, KY, thence with the Northwardly line of a said 35 acre tract, South 66 degrees 20 minutes West 395 feet to a stake; thence North 5 degrees 45 minutes West 388.4 feet to a point in the center line of South Park Road; thence with center line of same South 83 degrees 00 minutes East, 402 feet to the point of beginning. Jefferson County parcel ID 066000350000 Property Class 420 Commercial Retail Deed Book/Page 10413 0094

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,439 71,338 174,430
Median Age: 35.95 36.51 36.62
Households: 4,067 27,786 68,869

Contact

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