Former Coffee Shop

Retail-Commercial for Sale
Catylist Listing ID: 30748774
Property Subtypes: Mixed Use, Restaurant, Street Retail
Building Size (RSF): 10,600 SF
Gross Building Area: See Agent
Sale Price: $599,000
Unit Price: $56.51 PSF
In Opportunity Zone? Yes
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/14/2021

Overview / Comments

This recently renovated building was previously used as a coffee shop on the first floor. There is a large fireplace with gas logs that is great to use in the winter! The main floor also boosts a large room in the back that is perfect for private parties. The second floor is open space as well. There are 2 bathrooms (3 stalls in each one) and a large commercial kitchen with a small hood. The building is completely sprinkled with a rubber torch down roof. Recent upgrades include; 3 phase electric, new plumbing to the street, hot water heaters, HVAC. Another major plus is the parking in the back AND it's in the Opportunity Zone! The first and second floors are finished, there's value added opportunity with the third floor and fourth floor, the plumbing and electric are already there. There is also an elevator shaft already in place. 17 S Main Street was built for a local business man named Henry Hall. Ask Lara for more details on the history of the building. There are 4 grant opportunities for this building as well!

Attachments & Media

Additional Details

Nearest MSA: Lexington-Fayette
County: Clark
Tax ID/APN: 054-3217-020-00
Zoning: B-2

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,516 21,418 27,914
Median Age: 38.94 39.18 39.1
Households: 1,906 8,706 11,257


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