412-414 Sixth St

Retail-Commercial for Sale
Also listed as Multi-Family
Catylist Listing ID: 30179473
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail
Building Size (RSF): 3,800 SF
Sale Price: $250,000
Unit Price: $65.79 PSF
Property Use Type: Investment, Business
Usable Size (USF): 3,800 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/20/2019

Overview / Comments

Great mixed use opportunity in Shelbyville's historic downtown. The two upstairs apartments are rented and the first floor retail spaces are ready for occupants. This was home to Dottys Hair salon for many years and the larger space served as head quarters for a local publisher. Located a few feet from Sixth and Main Coffeehouse and the Wakefield Scearce Gallery this charming building gets lots of foot traffic and drive bys. with some updates the apartments could be Air BnB or VRBO candidates.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Shelby
Taxing Authority: Shelbyville, Shelby County
Tax ID/APN: S10-12-010
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Located Between: Main and Washington St
Property Visibility: Excellent
Largest Nearby Street: Main st/Highway 60
Highway Access: Shelbyville's Main st is also US highway 60 and sees a lot of through traffic and stop ins. We are also on the historic Bourbon trail and located not far from Jeptha Creed and the new Bulleit distillery. 5 minutes from multiple I64 interchanges.
Area Description: Historic downtown. Shops, Boutiques, local restaurants and local novelty.
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 2
Typical SF / Floor: 1,900 SF
Property Condition: Good
Year Renovated: 2018
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Stone facade on the sixth street side. this facade has just gone through extensive renovation/stabilization
Parking Type: Surface
Sprinklers: None
Heat Type: Natural Gas
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,783 19,323 22,858
Median Age: 36.16 34.83 36.01
Households: 2,171 7,092 8,441


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