Corner Lot on Preston Hwy

Retail-Commercial for Sale
Call for Offers
Catylist Listing ID: 30810591
Property Subtypes: Convenience Store, Mixed Use, Service Station/Gas Station, Vehicle Related, Other
Building Size (RSF): 1,425 SF
Gross Building Area: See Agent
Gross Land Area: 0.45 Acres
Sale Price: $850,000
Unit Price: $596.49 PSF
Property Use Type: Business
Sale Terms: Cash to Seller
Call for Offers: Yes
Cap Rate: Undisclosed
Last Updated: 8/13/2022

Overview / Comments

Hight traffic Corner Lot on Preston Hwy!! Zoned C-1, however, this property has continuously been operated as a car dealership since 1978 and prior to that a service station since 1965. Nonconforming rights were granted in 1981. Perfect for C-1 retail or other uses or easily convert to C-2. Property is surrounded by C-2 and industrial but is conveniently located across from Audubon Park providing an affluent customer base. The current building offers 2 bays with one in ground post lift and one 12,000 pound 4 post lift allowing for 3 vehicles to be in the garage. (Air compressor transfers with property for the single post lift and shop tools.) The building also contains 2 offices, a storage room with mechanicals, and one restroom. Additional property available at an additional cost.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 083D00440000
Zoning: C-1 - Commercial District
Retail Clientele: General
Property Visibility: Excellent
Largest Nearby Street: Preston Hwy at Hess Lane
Feet of Frontage: 160
Highway Access: I-65 and 264
Airports: KSDF, Louisville International and Bowman Field
Site Description: used car dealership and service center
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,425 SF
Property Condition: Good
Year Built: 1965
Year Renovated: 1985
Roof Type: Flat
Construction/Siding: Block
Total Parking Spaces: 65
Parking Type: Surface
Parking Description: asphalt and concrete
Sprinklers: None
Heat Type: Electricity, Other
Heat Source: Other
Air Conditioning: Window Unit
Internet Access: Cable
Zoning Description: C-1, but used as C-2
Lot Frontage: 160'
Lot Depth: 120'
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,041 135,537 328,019
Median Age: 38.14 35.94 36.72
Households: 5,453 60,103 141,457


Photograph of Listing Agent

Sandy C Haenisch

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