Coverted 2-Story Home to Commercial Building on Dixie Highway

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30781752
Property Subtypes: Free-Standing Building, Mixed Use, Retail-Pad
Status: Pending
Building Size (RSF): 1,614 SF
Gross Building Area: See Agent
Gross Land Area: 0.15 Acres
Sale Price: $125,000
Unit Price: $77.45 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 1/10/2022

Overview / Comments

A great investment opportunity with potential for immediate returns! This former home may be used for a variety of commercial pursuits, including retail, doctor's office, professional office, and more. Previous tenants have used the space as a beauty salon, tax office, and a tattoo parlor. S econd story may be accessed from interior and exterior entrances. Located in the heart of Shively and highly visible from a high traffic road (Dixie Highway). Nearby popular business include Captain D's, Burger King, Krispy Kreme, and a Speedway gas station. Neighboring property, 3129 Dixie Hwy, is also for sale and may be sold as a package with this property. Tenants pay all utilities.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 109500840000
Zoning: C-2 - Commercial District
Retail Clientele: General
Property Visibility: Good
Largest Nearby Street: Dixie Highway
Feet of Frontage: 47
Traffic/Vehicle Count: 20,000
Highway Access: Just minutes from I-264 (Watterson Expressway) on/off ramp. In turn, a short drive to I-64, I-65, and I-71.
Airports: Near to the Louisville Internation Airport
Site Description: Parking located to front of building. Large back lot could be developed into further parking and connect to back alley.
Area Description: Located on a high traffic road in Shively with several businesses in the area.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Good
Year Built: 1925
Roof Type: Gable
Construction/Siding: Brick/Vinyl Siding
Parking Type: Surface
Parking Description: Parking pad located between road and building.
Zoning Description: C2
Lot Frontage: 47'
Lot Depth: Approx. 142'
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,220 123,994 260,388
Median Age: 38.43 36.11 36.35
Households: 7,135 51,676 108,433

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