C-1 - 10th Street - Hwy 62 - 8637 SF - Ample Parking

Office for Sale
Also listed as Retail-Commercial, Special Purpose
Catylist Listing ID: 30327656
Property Subtypes: Executive Suites, Institutional, Medical, Mixed Use, Office Building, Research & Development, Other
Building Size (RSF): 8,637 SF
Gross Land Area: 0.83 Acres
Sale Price: $420,000
Unit Price: $48.63 PSF
Ceiling: 8 ft.
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 10/1/2018

Overview / Comments

Great Location with High Traffic and Renovation underway of 10th Street Corridor. Nice condition single story brick with ample parking.

Four electric and gas meters. Separate Water Meters!!! 8 Bathrooms. Several kitchenettes. Many private offices and meeting rooms.

*Note...Building is Free Span with no interior support walls...Allows for you own unique configuration to suit individual needs.

Zoning will allow many uses from Food, Recreation, Professional Offices, Personal Services, Retail, and Communications.

Dentist Office occupies one space since 1977.

Seller has other plans and will consider all offers...Don't miss this opportunity.

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $12,477 (Annual)
Potential Rental Income $69,096 (Annual)
Actual or Proforma Year Proforma
Loan Amount $340,000

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Clark
Taxing Authority: JEFFERSONVILLE
Tax ID/APN: 10-19-01-000-598.000-010
Zoning: C-1 COMMERCIAL
Property Located Between: Reeds Lane & Harmony Lane
Property Visibility: Excellent
Highway Access: I-65, I-64, I-71
Airports: CLARK COUNTY - LOUISVILLE INTERNATIONAL
Site Description: Great level lot with 10th Street and Reeds Lane access
Area Description: Booming area under renovation. New street construction. Corridor from Downtown Jeffersonville to River Ridge Industrial Development.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 8,637 SF
Year Built: 1977
Year Renovated: 1990
Roof Type: Hip
Construction/Siding: Brick
Exterior Description: Nice Brick with Landscaping
Parking Type: Surface
Parking Description: Paved with ample space and Handicap Access
Total Parking Spaces: 48
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Interior Description: Finished Interior with nice flooring and drywall. Many offices, meeting spaces, kitchenettes, and 8 bathrooms.
Zoning Description: C-1 Commercial Zoning will allow many uses from Food, Recreation, Professional Offices, Personal Services, Retail, and Communications.
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: FEE SIMPLE
Legal Description: Parcel Number - # 10-19-01-000-598.000-010 (.8341 Acres)

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,673 72,410 219,206
Median Age: 38.67 38.37 38.1
Households: 5,795 30,910 95,765

Contact

Photograph of Listing Agent

Wesley Paul Odle III

WESLEY REALTY LLC KCREA Member
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