M-2 at 641-643 Phillips Ln

Industrial for Sale
Catylist Listing ID: 30873022
Property Subtypes: Mixed Use, Light Industrial, Office Showroom, Other
Building Size (RSF): 1,077 SF
Gross Building Area: See Agent
Gross Land Area: 25,857 SF
Sale Price: $925,000
Unit Price: $858.87 PSF
Office SF: 1,077 SF
In Opportunity Zone? Yes
Property Use Type: Business
Building Name: GMB Partnership
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/3/2024

Overview / Comments

Two lots zoned M2 in PRIME LOCATION side by side with an office building on the property. 0.59 Acres. This property is located near I-264, Newer Hotels, Kentucky Fair & Expo Center, Airport and Kentucky Kingdom.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 083K00560000
Zoning: M-2 - Industrial District
Property Located Between: Preston Hwy & Crittendon Dr
Highway Access: Waterson Expressway
Airports: Louisville International Airport
Site Description: Flat lot.
Area Description: Commercial area - located down from entrance to Kentucky Expo Center of I-264/Watterson Expressway and near Louisville International Airport
Tenancy: Single Tenant
Total Number of Buildings: 1
Typical SF / Floor: 1,077 SF
Property Condition: Fair
Year Built: 1920
Year Renovated: 1995
Roof Type: Gable
Construction/Siding: Block, Brick
Parking Type: Surface
Parking Description: Parking lot could be larger. Currently office building on property.
Sprinklers: None
Amps: 150
Heat Type: Natural Gas
Air Conditioning: Other
Lighting: Fluorescent
Interior Description: Basic office set up
Zoning Description: M-2 Industrial district and C
Lot Frontage: 84.5
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Legal Description: Lot 641 and 643 in block 083K

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,079 117,255 319,691
Median Age: 35.5 35.76 36.73
Households: 2,192 49,620 136,486

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