11,816 warehouse on .84 acre near downtown New Albany

Industrial for Sale
Catylist Listing ID: 30298486
Property Subtypes: Flex Space, Free-Standing, Manufacturing, Mixed Use, Light Industrial, Office Showroom, Self Storage, Warehouse/Distribution
Building Size (RSF): 11,816 SF
Gross Building Area: See Agent
Sale Price: $275,000
Unit Price: $23.27 PSF
Drive In Bays: 2 Bays
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/14/2018

Overview / Comments

Multiple uses exist for this newly renovated warehouse building near downtown New Albany. The 11k+ sq ft warehouse space can be sectioned into 3 areas for possible multi-tenant use: (1) Main warehouse with ramp 5400 Sq ft +/-, (2) Main floor additional storage 3200 sq ft +/-, (3) Upstairs office space/storage and bath 3200 sq ft +/-. The roof was replaced in 2009. The main building has a new 50x100 concrete floor along with a 10ft wide ramp into the entrance, (2) new 10 ft overhead doors have been installed. The building has been recently painted. This building would be a great mechanic shop, auction warehouse, indoor storage facility or manufacturing facility.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Floyd
Tax ID/APN: 22-05-00-500-056.000-007
Zoning: NEIGHBORHOOD COMMERCIAL
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Good
Construction/Siding: Block
Parking Type: Surface
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,024 25,771 104,556
Median Age: 44.33 39.61 37.79
Households: 392 10,438 42,098
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