541 Main Street, Shelbyville, KY 40065
Office
for Sale
Catylist Listing ID: |
30540326 |
Property Subtypes: |
Office Building
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Building Size (RSF): |
6,798 SF
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Sale Price: |
$245,000 |
Unit Price: |
$36.04 PSF |
Property Use Type: |
Vacant/Owner-User |
Building Name: |
Biagi Buildings |
Class of Space: |
Class D |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
1/14/2021 |
Overview / Comments
Great opportunity to own the iconic Biagi Buildings located in the heart of downtown Shelbyville at 541 and 537 Main Street. Currently, the buildings adjoin each other via a doorway and are listed separately, but could be sold together. These buildings would be ideal for restaurants, offices, apartments or reception halls. 541 Main Street features nearly 30 feet of frontage on Main Street and also has a side entrance on Sixth Street with a parking lot measuring 38x51. There is a loading bay in the rear of the building directly on Washington Street. There is also a small garden lot adjoining the Sixth Street entrance which measure 35x21 feet. 541 also features two large showroooms, an office area, bathrooms and a storage or loading area. The mezzanine level overlooks the main showroom and has an office area in the front of the building overlooking Main Street from the second floor. The attached parking area offers valuable parking in the heart of downtown Shelbyville and this area and the garden lot could also be used for additional new building space if the buyer so desired.
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Additional Details
Nearest MSA: |
Louisville/Jefferson County |
County: |
Shelby |
Tax ID/APN: |
S10-16-008 |
Zoning: |
D_C (SHELBYVILLE) |
Property Located Between: |
Main Street and Washington Street |
Property Visibility: |
Excellent |
Highway Access: |
US Highway 60 (Main Street) |
Site Description: |
Iconic former Biagi appliance building first time on the market in 75 years |
Area Description: |
Shelbyville's downtown area is booming with restaurants, coffeeshops, antique malls and many other independent businesses. Located 1 block from the old Courthouse and in the true heart of Shelbyville with access to 3 streets. Shelbyville and Shelby County are widely known as the home of good land, good living and good people. |
Total Number of Buildings: |
2 |
Number of Stories: |
2 |
Typical SF / Floor: |
6,798 SF |
Construction/Siding: |
Other |
Exterior Description: |
Late nineteenth century facade with a storefront that features a redwood trim with an overhang trimmed in copper |
Parking Type: |
Surface, Other |
Parking Description: |
Parking lot measuring 38x51 on Sixth Street. 537 buidling has a parking lot off Washington St measuring 26x97 |
Heat Type: |
Electricity, Natural Gas |
Heat Source: |
Central |
Air Conditioning: |
Package Unit |
Interior Description: |
Open areas with bathrooms on the first floor, open areas on second floors in the mezzanine. |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
5,783 |
19,323 |
22,858 |
Median Age: |
36.16 |
34.83 |
36.01 |
Households: |
2,171 |
7,092 |
8,441 |
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