Former Bank Branch Purchase Opportunity, Independence, KY

Retail-Commercial for Sale
Catylist Listing ID: 30397252
Property Subtypes: Free-Standing Building
Building Size (RSF): 2,440 SF
Sale Price: $600,000
Unit Price: $245.90 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/11/2019

Overview / Comments

+/-2,440 SF freestanding one-story brick, former bank branch on +/-1.15 acres for sale. Turn-key bank branch with three drive-thru lanes. The property is located on the northeast signalized corner of Patriot Way and Madison Pike just north of downtown Independence, Kentucky. The City of Independence is located in the "Heart" of Kenton County. Independence is located about 15 minutes south of Cincinnati, Ohio and offers a unique lifestyle different from neighboring towns because we are able to offer urban amenities in a rural setting. Independence is one of the fastest growing cities in the Commonwealth and was recently ranked as the 99th fastest growing city in the nation. Additional former bank branches available for sale by same owner - contact Broker for details.

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Additional Details

Nearest MSA: Cincinnati
County: Kenton
Tax ID/APN: 046-00-00-021.04
Zoning: NC, NEIGHBORHOOD COMMERCIAL DISTRICT
Retail Clientele: General
Property Visibility: Good
Site Description: The property is located on the northeast signalized corner of Patriot Way and Madison Pike just north of downtown Independence, Kentucky. The City of Independence is located in the "Heart" of Kenton County. Independence is located about 15 minutes south of Cincinnati, Ohio and offers a unique lifestyle different from neighboring towns because we are able to offer urban amenities in a rural setting. Independence is one of the fastest growing cities in the Commonwealth and was recently ranked as the 99th fastest growing city in the nation.
Tenancy: Single Tenant
Property Condition: Good
Construction/Siding: Brick

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,219 37,617 102,368
Median Age: 33.2 34.24 35.46
Households: 1,331 12,529 38,148

Contact

Photograph of Listing Agent

Jamie Adams

NAI Isaac KCREA Member
Photograph of Listing Agent

J.L. Cannady

NAI Isaac KCREA Member
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