315 Central Avenue

Retail-Commercial for Sale
Catylist Listing ID: 30197786
Property Subtypes: Free-Standing Building, Street Retail
Building Size (RSF): 9,650 SF
Gross Building Area: See Agent
Gross Land Area: 0.74 Acres
Sale Price: $2,925,000
Unit Price: $303.11 PSF
In Opportunity Zone? Yes
Property Use Type: Net Leased Investment (NNN), Investment
Building Name: 315 Central Avenue
Sale Terms: Cash to Seller
Cap Rate: 7.3%
Last Updated: 7/21/2019

Overview / Comments

This is a 100% leased investment sale; three (10) year and one (5) year leases. Located in the burgeoning Central Station corridor.

One building approximately 5,000 SF
One building approximately 4,650 SF

Attachments & Media

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Submarket Type: Other
Tax ID/APN: 050J00760000
Zoning: C-2 - Commercial District
Property Visibility: Excellent
Site Description: Great location at 3rd and Central.
Area Description: Located across the street from Jim Patterson Stadium and just down the street from Churchill Downs.
Total Number of Buildings: 2
Number of Stories: 1
Year Built: 2014
Zoning Description: C-2 and R-7

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,171 141,779 306,647
Median Age: 34.28 35.79 36.65
Households: 6,529 61,744 131,415
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