Retail building and income rental

Retail-Commercial for Sale
Catylist Listing ID: 30828526
Property Subtypes: Tavern/Bar/Nightclub
Building Size (RSF): 2,824 SF
Gross Building Area: See Agent
Sale Price: $400,000
Unit Price: $141.64 PSF
In Opportunity Zone? Yes
Property Use Type: Net Leased Investment (NNN), Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/14/2023

Overview / Comments

Commerical building in downtown New Albany for sale. Currently used as a Tavern.
$400,000 is for the building and land only. Building and business must be purchased separately but each contingent upon the sale of the other.
This Listing/Purchase Agreement relates to the real property only. The sale of the business as an ongoing concern, its assets, its inventory and/or equipment shall be negotiated separately and directly by and between Seller and any potential Buyer.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Floyd
Tax ID/APN: 22-05-00-200-408.000-008
Zoning: D DOWNTOWN
Retail Clientele: General, Tourist, Recreation
Property Visibility: Excellent
Largest Nearby Street: State
Highway Access: I-64
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Excellent
Year Built: 2018
Year Renovated: 2018
Roof Type: Flat
Construction/Siding: Block
Parking Type: Surface
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,325 83,070 187,933
Median Age: 37.27 36.32 36.59
Households: 4,378 33,991 78,249

Contact

Photograph of Listing Agent

David Fonseca

Bridge Realtors KCREA Member
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