Rare, High-Quality Highlands Opportunity

Retail-Commercial for Sale
Sale Pending/Contingent
Also listed as Office
Catylist Listing ID: 30810609
Property Subtypes: Street Retail, Other
Status: Pending/Contingent
Building Size (RSF): 2,212 SF
Gross Building Area: See Agent
Sale Price: $650,000
Unit Price: $293.85 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/18/2022

Overview / Comments

This prime, infill property is situated in the heart of The Highlands at the corner of Bardstown Road and Midland Ave. The densely populated area is Louisvilleā€™s most pedestrian-oriented corridor and is just steps from the Cherokee Triangle. The current tenant is vacating the property in January 2023, but it is very well situated for an owner occupant or investor who wishes to lease to a new user.

The corner site contains on-site parking and excellent visibility. The 2,212 sf building is mostly open and updated throughout. A rare lease is in place for a rooftop billboard that has upside potential. This is a truly unique opportunity to acquire a trophy, infill location.

>> Hard corner in excellent location; C2 zoning
>> Opportunity for owner occupant or investor
>> On-site parking & billboard lease in place

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 075F00100000
Zoning: C-2 - Commercial District

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,790 125,773 316,280
Median Age: 38.02 38.15 37.27
Households: 8,806 59,833 138,923
© Copyright 2001-2022 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.