Former Bank Branch

Retail-Commercial for Sale
Catylist Listing ID: 30607375
Property Subtypes: Free-Standing Building, Street Retail
Building Size (RSF): 3,954 SF
Gross Land Area: 1.31 Acres
Sale Price: $800,000
Unit Price: $202.33 PSF
Has Drive-Thru? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/26/2020

Overview / Comments

This is a very nice building that was a bank branch built in 2007. The interior is 6 or 7 private offices with windows, open area in the middle for workstations, main teller/counter area, a kitchen and two restrooms. Some desks, chairs, tables and other office furniture still in place. It has 4 drive-through covered lanes that are approximately 1,100 SF in addition to the 3,954 SF main building. New development plan subject to overlay district. Great visibility as site is at a traffic light, Thompson Lane, and across the street from Jeffersonville High School. The site has 200 feet of frontage. This would be a very nice office building for a business needing great signage and visibility. Might be able to create two suites and utilize the drive in area for more than parking. The drive through lanes have a depth of approximately 27 feet. Could be a big open room for physical therapy.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Clark
Tax ID/APN: 10-19-01-100-301.000-009
Zoning: C-1
Retail Clientele: General
Property Located Between: Allison Lane and Thompson Lane
Property Visibility: Excellent
Largest Nearby Street: 10th street
Feet of Frontage: 200
Area Description: Site is located at traffic light; Thompson Lane. Next to other retail including Dunkin Donuts, Sprint and Michel Tire.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,954 SF
Property Condition: Excellent
Year Built: 2007
Roof Type: Arched
Construction/Siding: Brick
Total Parking Spaces: 24
Parking Type: Surface
Heat Source: Central
Zoning Description: C-1, subject to overlay district for new plan.
Lot Frontage: 200
Sewer Type: Municipal
Easements: Ingress/Egress
Easements Description: Access easement at back of site to adjoining site.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,533 53,064 167,231
Median Age: 38 38.97 38.79
Households: 3,210 22,315 71,825

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