630 Versailles Road

Retail-Commercial for Sale
Catylist Listing ID: 30475467
Property Subtypes: Tavern/Bar/Nightclub
Building Size (RSF): 2,466 SF
Gross Building Area: See Agent
Sale Price: $420,000
Unit Price: $170.32 PSF
Property Use Type: Business
Sale Terms: Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 4/2/2020

Overview / Comments

This is your opportunity to purchase 3 commercial buildings with maximum exposure in East, West and South Frankfort. This sale includes 2 operating liquor stores (630 Versailles Road & 931 Louisville Road), furniture, fixtures, equipment and licenses upon ABC approval. One building located at 114 West Second Street is currently vacant. The owner currently leases 2 additional locations which have operating liquor stores. The new owner could negotiate new leases and continue operations of these tow additional liquor stores, or move operations into the West Second Street building.

Additional Details

Nearest MSA: Frankfort
County: Franklin
Taxing Authority: Franklin County & The City of Frankfort
Tax ID/APN: 086-10-26-001.00
Retail Clientele: General
Property Visibility: Good
Largest Nearby Street: Versailles Road, Lousiville Road, and Second Street
Highway Access: I-64 & US 60
Airports: Frankfort- 3 miles, Louisville, 50 miles, Lexington 30 miles
Tenancy: Single Tenant
Property Condition: Good
Parking Type: Surface
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,196 23,155 39,268
Median Age: 42.25 37.87 39.13
Households: 1,824 9,547 16,585


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