2206 Hikes Ln

Retail-Commercial for Sale
Catylist Listing ID: 30745946
Property Subtypes: Convenience Store, Day Care Facility, Free-Standing Building, Mixed Use, Restaurant, Street Retail
Building Size (RSF): 4,095 SF
Gross Building Area: See Agent
Gross Land Area: 0.31 Acres
Sale Price: $360,000
Unit Price: $87.91 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/15/2021

Overview / Comments

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1. Close to the intersection of Hikes Ln and Bardstown Rd in Louisville, KY.
2. Approximately 4,000 sqft.
3. Zoned C-1
4. Currently divided into 3 separate units.
5. 2 retail units on first floor, one unit on 2nd floor.
6. High traffic location.
7. Good visibility.
8. 20 to 24 parking spots and two large curb cuts that provide convenient entry and exit.
9. The building could be a good fit for a wide variety of commercial businesses or professional services offices.
10. The second floor could be office space or a residential apartment.
11. General proximity to major retailers Costco, Walmart, Target, Lowes, Kroger's, Walgreens, CVS.
12. Over twenty restaurants nearby.
13. Close to a signalized intersection. Waiting at the traffic light increases visibility exposure.
14. Across the street from a high occupancy shopping center that has an auto parts store, bank branches, Dollar Store, Harbor Freight, restaurants, and others.
15. Numerous businesses nearby such as pharmacies, tax preparers, cell phone sales, auto servicing shops, gas stations, and more.
16. The building is situated on the lot in a manner that vehicles can drive behind and around the building.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 004300300000
Zoning: C-1 - Commercial District
Retail Clientele: General, Business
Property Visibility: Excellent
Largest Nearby Street: Hikes Ln, Bardstown Rd., Old Bardstown Rd.
Feet of Frontage: 140
Highway Access: 1.0 mile to I-264 intersection Bardstown Rd
Site Description: 1. Close to the intersection of Hikes Ln and Bardstown Rd in Louisville, KY. 2. High traffic location. 3. Good visibility. 5. Close to a signalized intersection. Waiting at the traffic light increases visibility exposure. 6. Across the street from a high occupancy shopping center that has an auto parts store, bank branches, Dollar Store, Harbor Freight, restaurants, and others. 7. Numerous businesses nearby such as pharmacies, tax preparers, cell phone sales, auto servicing shops, gas stations, and more. 8. The building is situated on the lot in a manner that vehicles can drive behind and around the building.
Area Description: 1. Close to the intersection of Hikes Ln and Bardstown Rd in Louisville, KY. 2. High traffic location. 3. Good visibility. 4. General proximity to major retailers Costco, Walmart, Target, Lowes, Kroger's, Walgreens, CVS. 5. Over twenty restaurants nearby. 6. Close to a signalized intersection. Waiting at the traffic light increases visibility exposure. 7. Across the street from a high occupancy shopping center that has an auto parts store, bank branches, Dollar Store, Harbor Freight, restaurants, and others. 8. Numerous businesses nearby such as pharmacies, tax preparers, cell phone sales, auto servicing shops, gas stations, and more.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Fair
Year Built: 1940
Roof Type: Flat
Construction/Siding: Block, Brick, Vinyl Siding, Wood Frame
Total Parking Spaces: 24
Parking Type: Surface
Parking Description: Marked with painted parking spots and concrete stoppers. Some unmarked.
Heat Type: Natural Gas
Heat Source: Central
Interior Description: The property needs to be renovated.
Lot Frontage: 140
Lot Depth: 92
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,578 114,902 295,185
Median Age: 37.45 38.71 38.44
Households: 8,003 50,135 131,264
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