Catylist ID:
#30847131
| Catylist Listing ID: | 30847131 |
| Property Subtypes: | Free-Standing, Mixed Use, Light Industrial |
| Building Size (RSF): | 1,000 SF |
| Gross Building Area: | 59,492 SF |
| Gross Land Area: | 2.34 Acres |
| Sale Price: | $850,000 |
| Unit Price: | $850 PSF |
| Docks/Doors: | 9 Doors |
| Office SF: | 1,484 SF |
| Drive In Bays: | 9 Bays |
| In Opportunity Zone? | Yes |
| Property Use Type: | Investment, Business |
| Sale Terms: | Cash to Seller, Other |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/29/2024 |
Overview / Comments
|
The fenced site consist of four (4) buildings with a total of about 59,492 SF and Five (5) vacant lots. The total amount of the site is about 2.34 acres. The age of the buildings range from 1875 to 1920. ADDRESSES AND ZONING: 2612 W. Chestnut is Zoned M-2. 2624 W Chestnut, 2625, 2610, 2612, 2614, 2617, 2618 Magazine are Zoned R-6. The building at 2620 W. Chestnut has a non-operable freight elevator. Two 10' x 15' overhead doors and 20' ceiling. The roof on 2624 W. Chestnut was replaced in 2008 and the HVAC system was replaced in 2005. It has Six (6) overhead doors- Three (3) 10' X 10', One (1) 9' x10' and Two (2) 8' X 8' doors and 11' to 12' ceilings. This building has one full and one half bath. The roof on 2625 Magazine was replaced in 2017 and it has Two (2) 14' X 12' overhead doors and 12' to 16' ceilings. |
Attachments & Media
Additional Details
| Nearest MSA: | Louisville/Jefferson County |
| County: | Jefferson |
| Tax ID/APN: | 001BSROW0000 |
| Zoning: | M-2 - Industrial District |
| Property Located Between: | 25th & 27 th Street of West Chestnut and 25th and 27th Magazine Street. |
| Highway Access: | Property located about Three (3) miles South of I-64. |
| Airports: | Louisville International Airport |
| Area Description: | The area is improving with new moderately priced apartments being built within a two block area. |
| Tenancy: | Single Tenant |
| Total Number of Buildings: | 4 |
| Number of Stories: | 1 |
| Property Condition: | Good |
| Year Built: | 1875 |
| Roof Type: | Flat |
| Construction/Siding: | Brick |
| Exterior Description: | Brick |
| Parking Type: | Surface |
| Parking Description: | Surface parking on the side of the buildings. |
| Total Parking Spaces: | 20 |
| Freight Elevators: | 1 |
| Overhead Cranes: | Undisclosed |
| Sprinklers: | None |
| Heat Type: | Natural Gas |
| Heat Source: | Central |
| Air Conditioning: | Engineered System |
| Lighting: | Fluorescent |
| Internet Access: | Other |
| Interior Description: | 2612 W. Chestnut Street is the office building with a reception area, three offices, restroom and HVAC system. Parking is at the side of the building. |
| Zoning Description: | M-2/R-6 |
| Lot Frontage: | 225 |
| Lot Depth: | 418 |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Land Ownership: | Fee simple |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 21,875 | 117,410 | 259,770 |
| Median Age: | 33.24 | 34.95 | 36.43 |
| Households: | 8,474 | 48,693 | 110,680 |
| © 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. |
