PORTLAND COMMERCIAL SPACE

Retail-Commercial for Sale
Catylist Listing ID: 29893970
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 9,586 SF
Gross Building Area: See Agent
Sale Price: $99,000
Unit Price: $10.33 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/12/2017

Overview / Comments

HUGE Price drop! Sellers are ready to move on!

High Visibility Corner Storefront and Historic Building on well traveled west Market St. Raw unfinished space on all floors, previously used as apartments and the historic HUB Department store. Business was a well known neighborhood store since the 1940s. All brick building. New Dollar General store just open across the street. Located in Enterprise Zone. Price reflects need for updating and repair as well as current repair and maintenance performed by owners. Architects have priced out renovation models for retail, office, and residential use.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 014A01080000
Zoning: C-1 - Commercial District

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,004 132,602 280,862
Median Age: 30.97 35.04 36.63
Households: 6,419 56,177 121,256
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