Free Standing Office Building for Sale on Jefferson Street

Office for Sale
Catylist Listing ID: 30265969
Property Subtypes: Office Building
Building Size (RSF): 6,395 SF
Gross Building Area: See Agent
Sale Price: $750,000
Unit Price: $117.28 PSF
Property Use Type: Investment
Class of Space: Class B
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 4/16/2018

Overview / Comments

Building SF: 6,395 SF + 1,585 SF 4 Bay Garage. Basement: 1,196 SF unfinished basement.*Square footage per 2016 appraisal, buyer to verify.

Property Highlights:

-2 Tenant Building + Parking Income, Fully Leased
-Total Annual Income = $64,800
-Very well kept and updated building with no major deferred maintenance

Additional Details

Nearest MSA: Lexington-Fayette
County: Fayette
Zoning: B-1
Area Description: Great opportunity to purchase within the booming Jefferson Street corridor!
Year Built: 1949
Year Renovated: 2010
Zoning Description: Neighborhood Business

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 19,263 121,527 231,529
Median Age: 30.69 34.1 35.63
Households: 8,452 50,172 97,246

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