Commercial Storefront w/ 2 Apartments
Retail-Commercial
for Sale
| Catylist Listing ID: |
30662985 |
| Property Subtypes: |
Restaurant
|
| Building Size (RSF): |
4,300 SF
|
| Gross Land Area: |
2,700 SF
|
| Sale Price: |
$260,000 |
| Unit Price: |
$60.47 PSF |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Business |
| Usable Size (USF): |
4,300 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
1/10/2022 |
Overview / Comments
This property located in historic downtown Carrollton, KY has recently undergone a masterful renovation. The 1st floor features 1900 sqft of commercial space currently set up for a restaurant style business. The restaurant area has been approved by the local health dept and has everything you need to get started including nearly new CaptiveAire hood & Ansell fire suppression system, commercial American 6 burner gas range/oven, commercial American deep fryers, commercial refrigerator, commercial dishwashing station, ice maker, Coca-Cola soft drink machine, Gas fireplace & 65" TV in the dining area and much more. There are literally tens of thousands of dollars worth of equipment included with this sale. The renovation also includes new wiring, plumbing & HVAC. There are handicap accessible restrooms for men & women as well as an employee restroom. There is 900 sqft of usable storage in bsmt. The renovation has been beautifully & tastefully done with many updates and all the modern conveniences while maintaining the historic feel of the original structure.
The second floor has 1500 sqft and features 2 residential apartments currently rented for $1000 per month each. Both apts. feature 2 BR, 1 Bath, Kitchen & Living Rm. The residential units alone should cover your mortgage payment.
|
Additional Details
| Nearest MSA: |
Louisville/Jefferson County |
| County: |
Carroll |
| Taxing Authority: |
Carrollton, KY & Carroll County KY |
| Tax ID/APN: |
C1-12-14 |
| Zoning: |
COMMERCIAL-MIXED USE |
| Retail Clientele: |
General, Family, Business, Tourist, Recreation |
| Property Located Between: |
Court & 4th |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Highland Ave |
| Feet of Frontage: |
28 |
| Highway Access: |
This property is located only 5 miles from I-71 at exit 44. |
| Airports: |
Located halfway between Louisville Int. Airport 1Hr & Cincinnati/NKY Int. Airport - 1 hr |
| Area Description: |
Carrollton is a quaint little river town located at the confluence of the Ohio & Ky Rivers and halfway between Louisville & Cincinnati. Due to the availability of rail, interstate and waterway, along with being geographically located between 4 major cities, Carrollton is home to a significant amount of industry for a town this size and therefore provides for many more business patrons than its population might suggest. |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Typical SF / Floor: |
1,700 SF |
| Property Condition: |
Excellent |
| Year Renovated: |
2019 |
| Roof Type: |
Flat |
| Construction/Siding: |
Block, Brick |
| Parking Type: |
Other |
| Parking Description: |
Street Parking |
| Heat Type: |
Natural Gas |
| Heat Source: |
Central |
| Air Conditioning: |
Engineered System |
| Internet Access: |
Cable |
| Lot Frontage: |
28 |
| Lot Depth: |
96 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Easements Description: |
Of Record |
| Land Ownership: |
Owned |
| Legal Description: |
C1-12-14
DB 211, Pg 459 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
1,778 |
4,452 |
9,976 |
| Median Age: |
35.47 |
36.65 |
38.49 |
| Households: |
635 |
1,708 |
3,790 |
|
© Copyright 2001-2020 Catylist. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Kentucky Commercial Real Estate Alliance nor
Catylist Real Estate Software, Inc. assume any liability for errors or omissions.
|
