GREAT INVESTMENT PROPERTY !!!! C1

Retail-Commercial for Sale
Catylist Listing ID: 30860339
Property Subtypes: Convenience Store, Day Care Facility, Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 2,000 SF
Gross Building Area: See Agent
Sale Price: $229,000
Unit Price: $114.50 PSF
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/29/2024

Overview / Comments

For Sale: Fully Remodeled 2000sqft C1 Retail Property with Bonus Parking Lot in back (R-7 zoning see last picture for bonus land) .7miles from University of Louisville (2 min drive)

This fantastic C-1 retail property spanning 2000 square feet is now available for sale. As a bonus, it includes an adjacent piece of land perfect for additional parking, accommodating about 20 vehicles. The location is ideal for various business ventures such as a barber shop, beauty salon, restaurant, daycare, and more!

Key Features:
- Completely remodeled in 2022
- New roof, fresh paint, 2 complete updated bathrooms, modernized doors, and new flooring
- Upgraded with energy-efficient LED lighting both inside and outside
- Decorative chandeliers add an elegant touch
-Has waster/ waste drain hookup in midfloor for hair sinks or other uses
- HVAC units have been serviced and are in excellent working order
- All new fans for complete building
- Equipped with an exhaust fan for enhanced air circulation
- New exit signs for added safety / New fire extinguishers
- Steel doors for extra security.
Building is turn key and doesn't need any work !

Currently rented for $2695.00 with the tenant planning to vacate upon contract expiration on 2/29/2024. ( GIVEN NOTICE ALREADY IN HAND) Tenant / space was previously used as a banquet/party hall.

Don't miss out on this incredible opportunity! Contact the agent for a showing at 502-424-9484.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 050F01390000
Zoning: C-1 - Commercial District
Retail Clientele: General, Family
Largest Nearby Street: 3rd street
Highway Access: Watterson express way (I-264)
Airports: SDF
Area Description: Key Features: - Completely remodeled in 2022 - New roof, fresh paint, updated bathrooms, modernized doors, and new flooring - Upgraded with energy-efficient LED lighting both inside and outside - Decorative chandeliers add an elegant touch -Has waster/ waste drain hookup in midfloor for hair sinks or other uses. - HVAC units have been serviced and are in excellent working order - Equipped with an exhaust fan for enhanced air circulation - New exit signs for added safety - Steel doors for extra security. Building is turn key and doesn't need any work !
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,000 SF
Property Condition: Excellent
Year Built: 1975
Year Renovated: 2022
Construction/Siding: Block
Total Parking Spaces: 24
Parking Description: 4 parking spots behind building with bonus land with property holds at least 20 vehicles.
Heat Type: Natural Gas
Heat Source: Central
Zoning Description: C-1 building with bonus land in back R-7
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,405 148,510 304,258
Median Age: 30.05 35.5 36.82
Households: 6,304 64,259 130,363

Contact

Photograph of Listing Agent

Nour E Kurdi

EXP Realty LLC KCREA Member
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