Retail Building for Sale

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30588620
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Street Retail
Status: Pending/Contingent
Building Size (RSF): 14,400 SF
Gross Building Area: See Agent
Gross Land Area: 1.57 Acres
Sale Price: $1,375,000
Unit Price: $95.49 PSF
Property Use Type: Vacant/Owner-User
Building Name: Former A & O Boating Supplies & Pro Shop
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/13/2022

Overview / Comments

This free-standing 12,000 SF building is located at the intersection of Veterans Parkway and Charlestown-New Albany Road.
There are two buildings on this 1.57 acre site, the retail store and a 2,400 SF warehouse facility.
The main building has a large retail area, three restrooms, an employee kitchen, office space and storage area.
The storage area of the retail building has 2 overhead doors measuring 10 x 10.
The warehouse facility has three overhead doors; one 10 x 12, one 20 x 12,one 12 x 14.
Paved surface parking lot has approximately 35 spaces.
Easily accessible by two curb-cuts on Charlestown-New Albany Road.
The property also has a large pylon sign.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Clark
Tax ID/APN: 10-21-03-300-060.000-009
Zoning: C-1
Retail Clientele: General, Family, Recreation
Property Located Between: Corner of Veterans Parkway and Charlestown-New Albany Road
Property Visibility: Excellent
Largest Nearby Street: Veterans Parkway
Traffic/Vehicle Count: 18,400
Highway Access: I-65, Exit 5
Site Description: Located at the intersection of Veterans Parkway and Charlestown-New Albany Road, with two entrances off Charlestown-NA Road. There are over 7,000 daily vehicles traveling on Charlestown-NA Road at the entrances of the store as well as over 18,400 daily vehicles traveling at the Veterans Parkway/Charlestown-NA intersection.* *Data gathered from Sites USA.
Area Description: Mix of residential and commercial, as well as some agricultural. There are 2,264 households within a 1-mile radius; 23,423 within 3 miles.* There are 254 businesses within a 1-mile radius with 3,763 employees; 1,899 businesses within 3 miles with 24,558 employees.* *Data from Sites USA, 2000-2010 Census with 2019 estimates.
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 1
Typical SF / Floor: 12,000 SF
Property Condition: Excellent
Year Built: 2002
Exterior Description: Nicely landscaped building with a 2,400 SF warehouse in the rear
Total Parking Spaces: 35
Parking Type: Surface
Parking Description: Paved
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Interior Description: Large retail space with three restrooms, an employee kitchen and office space, plus storage area
Zoning Description: C-1 Commercial
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,465 63,525 155,999
Median Age: 42.48 38.47 38.19
Households: 3,625 25,958 64,725

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