Catylist Listing ID: 30736914
Property Subtypes: Business Park, Medical, Mixed Use, Flex Space, Office Building
Building Size (RSF): 17,124 SF
Gross Building Area: See Agent
Sale Price: $1,600,000
Unit Price: $93.44 PSF
Property Use Type: Investment, Business
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/11/2021

Overview / Comments

What a great opportunity to own a well maintained, well occupied 12 unit office complex. Total rents at present $11528.00 with only 2 vacant units on 1st floor and 3 vacant unit in basement area, potential value add. PLEASE DO NOT DISTURB TENANTS OR THEIR CUSTOMERS Plenty of Parking

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Floyd
Taxing Authority: Floyd
Tax ID/APN: 22-05-04-400-360.000-008
Zoning: MC MIXED USE CORRIDOR COMMERCIAL
Property Visibility: Excellent
Highway Access: I 265, I 6, I 64
Airports: SDF Louisville and Clark County Regional
Site Description: City renovation corridor
Area Description: Commercial, Retail, Residential
Number of Stories: 1
Typical SF / Floor: 17,124 SF
Year Built: 1986
Construction/Siding: Brick
Exterior Description: All brick with plenty of parking
Parking Type: Surface
Parking Description: large parking lot
Total Parking Spaces: 106
Heat Type: Natural Gas
Heat Source: Central
Zoning Description: MC Mixed use corridor commercial
Water Service: Municipal
Sewer Type: Municipal
Easements: Electric Lines
Easements Description: High tension electric
Legal Description: 44 ILL. GNT. L. 25 1610 SOERGE

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,866 65,148 157,409
Median Age: 39.97 38.05 37.62
Households: 4,849 27,362 64,892
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