Southern Indiana Retail For Sale

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30790541
Property Subtypes: Convenience Store, Mixed Use, Retail-Pad, Tavern/Bar/Nightclub, Other
Status: Pending/Contingent
Building Size (RSF): 12,000 SF
Gross Building Area: See Agent
Gross Land Area: 1.34 Acres
Sale Price: $575,000
Unit Price: $47.92 PSF
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/19/2023

Overview / Comments

Now offering for sale 523 E. Lewis and Clark Parkway, zoned B-2 which allows for a variety uses, and located in the fast-growing Southern Indiana region. This 12,000SF climate controlled retail space is situated on a high traffic corridor, and among several well known established businesses, including restaurants, banks, retail, and fitness clubs.

This property is located in the TIF district. There is potential for incentives such as forgivable loans and grants.

The space is currently occupied by a salvage and surplus store on a month-to-month lease. Additional highlights include:

- New roof (approx. 5 years)
- Open floor plan
- Large lot with ample parking
- Approx. 15ft. ceilings
- High traffic area
- Two restrooms
- Space at rear of building for shipping/receiving

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Clark
Tax ID/APN: 10-14-03-101-021.000-012
Zoning: B-2
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Other

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,403 78,715 197,284
Median Age: 36.04 38.42 37.33
Households: 4,378 33,262 82,916
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