501 Market Street
Office
for Sale
Also listed as Retail-Commercial
| Catylist Listing ID: |
30847898 |
| Building Size (RSF): |
2,783 SF
|
| Sale Price: |
$250,000 |
| Unit Price: |
$89.83 PSF |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment, Business |
| Sale Terms: |
Undisclosed |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/19/2023 |
Overview / Comments
|
Welcome to this fantastic income-generating commercial listing in the prime location of Charlestown! Situated on the bustling 4-lane Highway 3, also known as Market Street, this property boasts an enviable position adjacent to the beautiful Charlestown Park. With its strategic location, it offers immense potential for various types of businesses. Currently, this property is rented out and enjoys the stability of a reliable tenant. The existing tenant's lease is in effect until April 30, 2025, providing immediate rental income for the new owner. Notably, this property is located in the rapidly growing city of Charlestown, known for its vibrant community and deep sense of pride. This thriving city presents a flourishing market for businesses, making it an ideal destination Don't miss your chance to acquire this income-generating commercial property in the sought-after location of Charlestown. Act now and seize this opportunity to secure a valuable asset for your business or investment portfolio.
|
Financials
| Finance Data Year |
2015 |
| Real Estate Taxes - Annual($) |
$2,653 (Annual) |
| Tax Value Land |
$67,200 |
| Tax Value Improvements |
$32,500 |
| Assessed Value - Total($) |
$99,700 (Annual) |
| Finance Data Year |
2013 |
| Real Estate Taxes - Annual($) |
$2,583 (Annual) |
| Tax Value Land |
$67,200 |
| Tax Value Improvements |
$30,000 |
| Assessed Value - Total($) |
$97,200 (Annual) |
| Finance Data Year |
2011 |
| Real Estate Taxes - Annual($) |
$2,333 (Annual) |
| Tax Value Land |
$67,200 |
| Tax Value Improvements |
$27,100 |
| Assessed Value - Total($) |
$94,300 (Annual) |
| Finance Data Year |
2010 |
| Real Estate Taxes - Annual($) |
$2,045 (Annual) |
| Tax Value Land |
$67,200 |
| Tax Value Improvements |
$27,100 |
| Assessed Value - Total($) |
$94,300 (Annual) |
| Finance Data Year |
2009 |
| Real Estate Taxes - Annual($) |
$1,918 (Annual) |
| Tax Value Land |
$67,200 |
| Tax Value Improvements |
$27,700 |
| Assessed Value - Total($) |
$94,900 (Annual) |
Additional Details
| Nearest MSA: |
Louisville-Jefferson County |
| County: |
Clark |
| Tax ID/APN: |
10-18-11-700-196.000-004 |
| Zoning: |
C1 |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Year Built: |
1950 |
| Legal Description: |
PT LOTS 281-287 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
787 |
7,749 |
24,484 |
| Median Age: |
38.15 |
37.43 |
36.84 |
| Households: |
325 |
2,994 |
8,880 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Kentucky Commercial Real Estate Alliance nor
Moody's assume any liability for errors or omissions.
|
