Unique Etown Retail for Sale

Retail-Commercial for Sale
Catylist Listing ID: 30854383
Property Subtypes: Free-Standing Building, Restaurant, Retail-Pad, Street Retail
Building Size (RSF): 6,600 SF
Gross Land Area: 0.80 Acres
Sale Price: $899,000
Unit Price: $136.21 PSF
Is Quick-Service Restaurant? Yes
Has Drive-Thru? Yes
Property Use Type: Investment
Sale Terms: Undisclosed
Average Occupancy Rate: 100
Last Updated: 9/27/2023

Overview / Comments

Caliber Commercial Properties is pleased to present this unique retail site for sale at $899,000. This is a value add property with tons of potential and is an active investors dream. Below market rents with short term leases could provide significant upside in the near future. Due to the prime location, this property has endless potential in the high demand growing market of Elizabethtown.

Pizza Hut Building: 3,600 SF

Back Building: 3,000 SF

Please reach out for financial information.

Current Tenants

Tenant Business Name Pizza Hut
Tenant Business Name Serenity Club
Tenant Business Name Unlock Escape
Tenant Business Name Rosenwald

Additional Details

Nearest MSA: Elizabethtown-Fort Knox
County: Hardin
Tax ID/APN: 220-40-05-029
Zoning: C-3
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention
Property Visibility: Excellent
Largest Nearby Street: N Mulberry St
Feet of Frontage: 150
Highway Access: 1 mile from I-65
Site Description: This property is very unique in the sense that there are two buildings. The main building containing the Pizza Hut is a former Hardees building that has been converted. The building in the back is a flex style building with two different groups occupying the space evenly. The lot is good size in width and depth and provides plenty of parking for all the tenants. Frontage on N Mulberry is unmatched for the market.
Area Description: Property is located on the 4 lane road of N Mulberry which connects I-65 to downtown Elizabethtown. The property is just a mile from the interstate where there is an abundance of national tenant retailers and significant traffic counts. Etown is one of the fastest growing submarkets in the state and is currently developing the 6 billion dollar Blue Oval Battery Park which will provide advanced batteries for Ford and Lincoln automobiles. This development will bring 5,000 high paying jobs to the area increasing demand and consumer spending.
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Good
Construction/Siding: Brick
Exterior Description: Building A: Brick/Stucco with Rubber membrane roof (New) Building B: Flex style with metal exterior and roof
Total Parking Spaces: 35
Parking Type: Surface
Parking Description: Ample parking on both sides
Interior Description: Both buildings are fully built out and occupied
Zoning Description: C-3 Commercial
Lot Frontage: 150

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,152 25,037 42,710
Median Age: 35.91 36.34 37.18
Households: 1,409 10,630 17,056
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