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: |
$270,000 |
| Unit Price: |
$62.79 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: |
2/23/2021 |
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 |
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The information presented herein is provided as is, without warranty of any kind.
Neither Kentucky Commercial Real Estate Alliance nor
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