Clarksville: 10,800+ sf multi-use building overlooking Silver Creek

Retail-Commercial for Sale
Catylist Listing ID: 30664333
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail, Other
Building Size (RSF): 10,800 SF
Gross Building Area: See Agent
Gross Land Area: 2.90 Acres
Sale Price: $495,000
Unit Price: $45.83 PSF
Property Use Type: Vacant/Owner-User
Building Name: former Walnut Ridge location @ Silver Creek
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/28/2021

Overview / Comments

Multi-use building with approx. 10,800 sf (owner occupied); property is located in Clark County and is zoned B2; part of site is located in the adjacent Silver Creek; price for front building with approx. 1.1+ useable acres is $495,000.

Owner will also sell 2 leased buildings in rear with approx. 2,400 sf each (currently leased at $2,000 total for both) for an additional $200,000, but these 2 buildings must be purchased with the main building and may not be purchased separately.

(2.9 acres includes the entire site with the additional 2 buildings located in the rear. If the front building is purchased separately, a new survey will be needed to separate the 2 resulting parcels)

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Clark
Taxing Authority: Jeffersonville Township
Tax ID/APN: 10-40-02-900-035.000-007
Zoning: B2
Retail Clientele: General, Business
Property Visibility: Excellent
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average
Year Built: 1961
Parking Type: Surface
Zoning Description: B2 - general business / Clark County Planning and Zoning 812-285-6287
In Flood Plain?: Yes
Water Service: Municipal
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,400 82,161 194,732
Median Age: 39.89 37.84 37.05
Households: 4,078 33,714 83,579
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