Etown Office Building for Sale
Office
for Sale
| Catylist Listing ID: |
30854393 |
| Property Subtypes: |
Executive Suites, Coworking, Governmental, Office Building, Other
|
| Building Size (RSF): |
10,200 SF
|
| Sale Price: |
$799,000 |
| Unit Price: |
$78.33 PSF |
| Property Use Type: |
Investment |
| Building Name: |
Mulberry Office Building |
| Class of Space: |
Class B |
| Sale Terms: |
Undisclosed |
| Average Occupancy Rate: |
100 |
| Last Updated: |
9/27/2023 |
Overview / Comments
Caliber Commercial Properties is pleased to present this office building for sale at $799,000. 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 prime location, this property has endless potential in the high demand growing market of Elizabethtown. The property has been very well maintained and managed.
Detailed financial information is available with an executed confidentiality agreement.
|
Current Tenants
| Tenant Business Name |
TLC Industrial Staffing |
| Tenant Business Name |
Electrolysis (Hair Removal) |
| Tenant Business Name |
Boys and Girls Haven |
| Tenant Business Name |
Weed Man Landscaping |
| Tenant Business Name |
Claim Specialists |
| Tenant Business Name |
Restoration DME Supplies |
Additional Details
| Nearest MSA: |
Elizabethtown-Fort Knox |
| County: |
Hardin |
| Tax ID/APN: |
220-20-13-042 |
| Zoning: |
C-2 |
| Property Visibility: |
Excellent |
| Highway Access: |
2 Miles from I-65 |
| Site Description: |
Property is located on the 4 lane road of N Mulberry which connects I-65 to downtown Elizabethtown. The property is just two miles from the interstate and a half mile from downtown where there is an abundance of local retailers and restaurants. 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. |
| Area Description: |
Located on the northwest side of N Mulberry, this property has two points of entry. Parking is not a problem as there are more than enough spots along the side of the buildings and in the back. Traffic counts are still very high and downtown Etown is an easy 5-10 minute walk. |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Typical SF / Floor: |
4,000 SF |
| Construction/Siding: |
Brick |
| Exterior Description: |
Brick Exterior with Metal Roof |
| Parking Type: |
Surface |
| Parking Description: |
Ample Parking |
| Total Parking Spaces: |
32 |
| Interior Description: |
Recently renovated and well maintained |
| Lot Frontage: |
120 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
6,557 |
25,037 |
38,481 |
| Median Age: |
37.98 |
36.34 |
37.39 |
| Households: |
2,965 |
10,630 |
15,542 |
|
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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.
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