73 C Michael Davenport Blvd

Office for Sale
Catylist Listing ID: 30776019
Property Subtypes: Office Building
Building Size (RSF): 8,235 SF
Gross Land Area: 1.28 Acres
Sale Price: $650,000
Unit Price: $78.93 PSF
Property Use Type: Investment
Building Name: 73 C. Michael Davenport
Class of Space: Class B
Usable Size (USF): 8,235 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/24/2024

Overview / Comments

8,235 square foot free standing office building with 38 parking spaces and 1.28 acres of CL zoned land. This property has 8 units with one vacancy. Tenant that leases suites 3-5 is on a month to month lease allowing a buyer to purchase and use 4,076 square feet and receive the rental income from the other units. Great opportunity for a medical user to own their own space close to the Frankfort Regional Hospital. Roof was replaced in 2023.

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Additional Details

Nearest MSA: Frankfort
County: Franklin
Tax ID/APN: 036-00-00-011.08
Zoning: CL - LIMITED COMMERICAL
Property Visibility: Good
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 8,235 SF
Year Built: 2004
Roof Type: Gable
Construction/Siding: Brick
Parking Type: Surface
Total Parking Spaces: 38
Zoning Description: Commercial Limited
Part of Planned Development?: Yes
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,198 19,028 34,461
Median Age: 37.57 41.46 38.91
Households: 1,513 8,328 14,469

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