Rare Norton Commons Opportunity

Retail-Commercial for Sale
Catylist Listing ID: 30371950
Property Subtypes: Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 4,806 SF
Gross Land Area: 0.10 SF
Sale Price: See Agent
Property Use Type: Net Leased Investment (NNN)
Building Name: Johnny Brusco's
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/15/2019

Overview / Comments

This is a rare opportunity located in the growing "Norton Commons" village. The lower half of the building currently is being used as a restaurant. The residential condo is also leased and currently is "month to month". The upper level condo is approximately 2676 sf with 3 large bedrooms and 3 bathrooms. Very open floor plan with large kitchen and center island. Great for entertaining. Seller also owns the vacant lot that is possibly for sale next to this building. The lot is approximately .05 acres PVD zoning. This is a perfect "Live" and "Work" opportunity. Mixed retail w/residential.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Zoning: PVD - Planned Village Development District
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Other
Property Located Between: Located on the corner of Featherbell and Meeting St
Property Visibility: Excellent
Largest Nearby Street: Featherbell
Highway Access: I-265 and I-71
Site Description: High visibility and street parking
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Excellent
Year Built: 2008
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Brick facade with large retail windows
Parking Type: Surface
Parking Description: typical "Norton Commons" street parking
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Interior Description: Main level is currently being used as a restaurant. Johnny Brusco's Pizzaria
Water Service: Municipal
Sewer Type: Municipal
Easements: Other

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,710 51,889 121,192
Median Age: 37.97 40.15 41.03
Households: 1,565 20,689 49,099


Photograph of Listing Agent

Latonia Isenberg

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