5,300 Sqft EZ-1 Flex-Space | Near Airport, Downtown

Industrial for Sale
Catylist Listing ID: 30810325
Property Subtypes: Flex Space, Free-Standing, Manufacturing, Mixed Use, Light Industrial, Office Showroom, Self Storage, Warehouse/Distribution, Other
Building Size (RSF): 5,300 SF
Gross Land Area: 0.20 Acres
Sale Price: $420,000
Unit Price: $79.25 PSF
Docks/Doors: 1 Door
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/14/2022

Overview / Comments

Incredible opportunity to secure a historic 5,300+ Sqft Building Zoned EZ-1 with Showroom and Warehouse Space. Located in an Opportunity Zone near the I-65 and Lou Inter’l Airport/UPS Worldport corridor, this free-standing structure offers supreme versatility for uses in retail/commercial, manufacturing, warehouse, storage, office w/ workshop or a combination of such.

The current owners went above and beyond to restore this building’s natural beauty by gutting it down to block walls to reveal exposed structural beams and concrete floors. The new owners will enjoy many of the updates listed below:

:: New Gas, Electric and Water Service
:: New Storefront Glass and Doors
:: Exterior Sandblasted and Repainted
:: New Pex Water Lines, and Gas Lines
:: Cleaned/scoped Main Sewer Line
:: New Electrical Wiring and 200 Amp Service
:: New Structural Beam under 2nd floor
:: 3 Roofs replaced between 2016-2019

Benefit from maximum flexibility as this property encompasses 3 adjoining zones with natural demising walls for a multi-tenant investment purchase if desired. Flat .20 acre site with secured fencing around the premises is also an added value.

Front Showroom:
:: 29’ W x 69’ D with 12’ Ceilings
:: Multiple Office Areas
:: ½ Bath, Utility Room, Storage Room
:: Dedicated HVAC System
:: Additional Side-Door Access

Middle Warehouse Space:
:: 28’ W x 49’ D with 11’ Ceilings
:: Garage Door Access (10’x12’)
:: Gas Heat

Rear Workshop w/ 2nd Floor:
:: 28’ W x 38’ D with 2nd floor
:: Additional 560 sqft on 2nd Fl can be finished
:: Rear Entry Door Access

NOTE: Neighboring property (9,000 - 10,000 sqft) on a .65 acre site may be available for purchase as well if desired – ask agent for additional details.

Proximity:
:: 18,000+ average daily traffic count
:: 1.6 miles - Churchill Downs / University of Louisville
:: 1.9 miles - I-65
:: 3 miles - Downtown Louisville
:: 5.6 miles - Lou Inter’l Airport / UPS Worldport

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 063A01980000
Zoning: EZ-1 - Enterprise Zone District
Highway Access: I-65 and I-264 within 10 minutes.
Site Description: Flat, Level, Fenced
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Excellent
Year Built: 1954
Year Renovated: 2016
Roof Type: Other
Construction/Siding: Block, Brick
Exterior Description: Block with Brick Facade. Wood framing on 2nd floor.
Parking Type: Surface
Total Parking Spaces: 4
Amps: 200
Heat Type: Natural Gas
Air Conditioning: Package Unit
Lighting: LED
Internet Access: Other
Zoning Description: EZ-1: allows for permitted uses in C-2 and M-3 zoning.
Lot Frontage: 45'
Lot Depth: 205'
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,357 158,041 287,780
Median Age: 32.82 35.49 36.56
Households: 8,064 66,767 123,023

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