Investor Opportunity-Downtown New Albany
Special Purpose
for Sale
Sale Pending
| Catylist Listing ID: |
30855866 |
| Status: |
Pending |
| Building Size (RSF): |
3,360 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$219,000 |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment, Business |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/20/2023 |
Overview / Comments
Investor Renovation Opportunity – Downtown New Albany!
Turn this property into a thriving investment! This building is brimming with potential and is ready for a visionary investor. With renovation, this property offers various flexibility. Live on the 2nd and 3rd floors while operating your own business on the 1st floor, or rent it out to a café or retail shop. The 1st floor has two separate entrances for maximum accessibility. The 2nd and 3rd floors can also be utilized as an Airbnb or short-term rental, providing an additional income. Parking located in the back of the building. Located in the heart of downtown New Albany, steps away from various restaurants and shopping, brewery, boutique shops, bakery, coffee shop and professional services. Tenants or customers will love the convenience!
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Additional Details
| Nearest MSA: |
Louisville/Jefferson County |
| County: |
Floyd |
| Tax ID/APN: |
22-05-00-200-319.000-008 |
| Zoning: |
C-1 |
| Property Visibility: |
Excellent |
| Total Number of Buildings: |
1 |
| Year Built: |
1919 |
| Roof Type: |
Other |
| Construction/Siding: |
Brick |
| Parking Type: |
Surface |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
10,959 |
83,070 |
191,514 |
| Median Age: |
37.13 |
36.32 |
36.61 |
| Households: |
4,665 |
33,991 |
79,805 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Kentucky Commercial Real Estate Alliance nor
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