I-65 Exposure, 2+ac Zoned C-2, Tenant or Hotel Site

Retail-Commercial for Sale
Catylist Listing ID: 30229787
Property Subtypes: Free-Standing Building, Restaurant, Tavern/Bar/Nightclub, Vehicle Related
Building Size (RSF): 5,900 SF
Gross Building Area: See Agent
Sale Price: $775,000
Unit Price: $131.36 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/17/2018

Overview / Comments

Major visibility and great access on I-65. Currently zoned C-2, which is a very large group of options to include retail, restaurant and offices of medium to large scale. Approximately 2.16 acres. The site has served the current tenant for decades as a tractor trailer service and repair shop. The are month to month at this time and would like to stay. Site could be better suited as the street name suggests for hospitality (hotel. motel).

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Clark
Tax ID/APN: 10-19-00-800-008.000-010
Retail Clientele: General, Business, Traveler
Property Visibility: Excellent
Largest Nearby Street: Eastern Blvd
Highway Access: Immediate on I-65, I-265 and I-64
Airports: Clark County Regional Airport, Louisville International Airport
Site Description: Its called Hospitality Way for a reason. Hotels line this roadway.
Area Description: Near other hotels that front along I-65. This is on the east side of the interstate and the Town of Clarksville runs along the other side.
Tenancy: Single Tenant
Total Number of Buildings: 3
Number of Stories: 1
Typical SF / Floor: 5,900 SF
Property Condition: Excellent
Exterior Description: Existing buildings are still being used today. Brick and concrete block.
Parking Type: Surface
Parking Description: Huge lot. Current tenant operates as a tractor trailer repair shop and prefers the use of a gravel lot.
Interior Description: Standard garage or shop look and feel as it has operated as one for decades.
Zoning Description: C-2 Medium to Large General Commercial District. See attached C-2 and C-1 allowable and permitted uses.
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Lee Oil Co
Legal Description: Gt 8 2.160 Ac

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,603 86,932 241,261
Median Age: 37.05 37.55 37.49
Households: 4,406 36,568 104,450


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