3129 Preston Hwy

Retail-Commercial for Sale
Catylist Listing ID: 30567832
Property Subtypes: Street Retail, Other
Building Size (RSF): 1,400 SF
Gross Building Area: See Agent
Sale Price: $169,790
Unit Price: $121.28 PSF
Property Use Type: Vacant/Owner-User, Business
Usable Size (USF): 1,200 SF
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 4/7/2024

Overview / Comments

Affordable exposure located between the two entrances to Audubon Park. This property welcomes many different usages with C1 zoning allowing for business use of approximately 1200 sqft as a beauty salon, barbershop, laundromat, variety store, office space–you name it! The property is fully leased and has a 7.3.% cap rate. Great investment.Both properties must be sold together. Price is for each one. The price for the pair is $169,790 x 2=$339,580 NOI $30,000 yearly
Call Terri Felker 502.345.8425 and Mark Suna @ 502-500-0680 for more
information.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 084F00020000
Zoning: C-1 - Commercial District
Retail Clientele: General, Business
Property Visibility: Excellent
Tenancy: Single Tenant
Property Condition: Good
Construction/Siding: Brick
Parking Description: Street level parking
Sprinklers: None
Heat Type: Electricity, Natural Gas
Heat Source: Other
Air Conditioning: Window Unit
Water Service: Municipal
Sewer Type: Municipal

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,784 129,757 331,009
Median Age: 38.34 35.94 36.76
Households: 5,835 57,080 142,722
© Copyright 2024 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Moody's assume any liability for errors or omissions.