Converted Home to Commercial Business Space on Dixie Hwy

Retail-Commercial for Sale
Catylist Listing ID: 30781742
Property Subtypes: Day Care Facility, Free-Standing Building, Mixed Use, Retail-Pad
Building Size (RSF): 1,010 SF
Gross Building Area: See Agent
Gross Land Area: 0.15 Acres
Sale Price: $125,000
Unit Price: $123.76 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 1/10/2022

Overview / Comments

A great investment opportunity with immediate returns! This former home may be used for a variety of commercial pursuits ranging from retail, to a professional office, to a doctor's office, and beyond. Current tenant uses the property as an active daycare. Property is located in the heart of Shively and is highly visible from a high traffic road (Dixie Highway). Nearby popular businesses bring additional traffic to the area, such as Burger King and Captain D's. Tenant pays for all utilities.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 109500830000
Zoning: C-2 - Commercial District
Retail Clientele: General
Property Visibility: Excellent
Largest Nearby Street: Dixie Highway
Traffic/Vehicle Count: 20,000
Highway Access: Just minutes from Watterson Expressway (I-264) off/on ramp. Which in turn is a short drive to I-64, I-65, and I-71.
Airports: Near to the Louisville Internation Airport
Site Description: Off street parking located to front of building. Currently playground equipment to back of property.
Area Description: This is a high traffic road in Shively with several businesses in the area.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1930
Roof Type: Gable
Construction/Siding: Brick/Vinyl Siding
Parking Type: Surface
Parking Description: Parking pad located between road and building.
Zoning Description: C2
Lot Frontage: 50'
Lot Depth: Approx. 148'
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,220 123,994 261,529
Median Age: 38.43 36.11 36.36
Households: 7,135 51,676 108,857

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