10ksf Prof Office Downtown

Office for Sale
Sale Pending/Contingent
Catylist Listing ID: 30752851
Property Subtypes: Office Building
Status: Pending/Contingent
Building Size (RSF): 10,000 SF
Sale Price: $1,300,000
Unit Price: $130 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Building Name: Baptist Tabernacle
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/22/2021

Overview / Comments

Located in Beautiful Historic Downtown New Albany is this former church that has been renovated. A Baptist Tabernacle built in 1879, but oh my how time has changed and what a great job the owner has done to preserve the historic features inside and accented outside with new windows. All mechanicals are under 5 yrs HVAC. All new electrical, water heaters, restrooms, plumbing. The space has 3 levels with the 3rd as a partial open space. Plenty of storage, garage door access at rear. First floor is apprx 10,000 SF in all per Sellers prints, exposed brick, restrooms, dramatically high ceilings with architectural highlights. Stairways front and rear. Private parking and street parking. The second floor is currently used as a call center. This space is leased until Jan 2022 but is available for purchase and lease. Conference rooms and various office sizes. The third floor is offers a fantastic overlook of the 2nd floor open space. Kitchen on first floor, nice entry with reception area. More to see!

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Floyd
Tax ID/APN: 22-05-00-200-657.000-008
Property Located Between: Spring and Market Streets
Property Visibility: Excellent
Highway Access: Immediate to I-64, I-265 and I-65. Just 5 minutes and you could cross the bridge and be in Downtown Louisville KY
Airports: Louisville International, Clark County Regional Airports
Site Description: In the heart of Downtown New Albany and within a short walking distance for all of the restaurants, winery, breweries, boutique shops, art and museums, professional services, all levels of government (Fed,State,County and City Offices) and some fantastic luxury apartment living plus some really cool, hip and funky renovated loft, studio and 1,2 or3 Bedroom apartments. Also a Farmers Market that you will love.
Area Description: Free Standing Bldg,
Total Number of Buildings: 1
Number of Stories: 3
Year Renovated: 2017
Roof Type: Gable
Construction/Siding: Brick
Exterior Description: Brick, historic features with new windows, 2 story but 3 levels inside.
Parking Type: Surface
Parking Description: Some private with property, street and City with permission.
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Interior Description: Nicely finished professional "A" office space with wide open floor plan on the 2nd floor that currently accommodates a call and marketing center, conference rooms, large and small offices, executive office, welcoming reception area and other office space that could easily be separate tenant if desired.
Zoning Description: D- Downtown Commercial allows for most all restaurants, dining, residential living, professional offices and also breweries, wineries, museums, churches and a wide variety of uses. You are also in a TIF District, Historic District, Riverfront Redevleopment District which offers a 3-way liquor license for $1,000.00 and an Urban Enterprize Zone (UEZ). Various incentives apply if qualified.
Water Service: Municipal
Sewer Type: Municipal
Legal Description: P 93 N 57' L.17

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,137 85,739 190,976
Median Age: 35.17 36.4 36.71
Households: 5,509 35,096 79,944


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