20,316 SF Commercial with Parking - $600K Under MAI Appraisal

Retail-Commercial for Sale
Also listed as Special Purpose, Office
Catylist Listing ID: 30632027
Property Subtypes: Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Movie Theatre, Restaurant, Retail-Pad, Tavern/Bar/Nightclub, Other
Building Size (RSF): 20,316 SF
Gross Land Area: 1.07 Acres
Sale Price: $899,000
Unit Price: $44.25 PSF
Ceiling: 30 ft.
Property Use Type: Investment, Vacant/Owner-User
Building Name: Cedar Street
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 9/17/2020

Overview / Comments

20,316 SF Commercial Opportunity - $600K Under MAI Appraisal -
Great Location just off I-65 at Lewis & Clark Parkway. Next to Golden Coral
Restaurant and Bob Evans. Surrounded by shopping, dining, retail and
many attractions. Next to a Hotel also.
Former fitness facility with extremely high ceiling heights and open space.
Two tiled locker rooms with showers and Sauna in each. Coffee/Juice Bar.
Paved parking for at least 65+ vehicles located on over 1 Acre.
Call to schedule a tour ASAP.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Clark
Tax ID/APN: 10-24-03-200-124.000-013
Zoning: B-2 GENERAL COMMERCIAL BUSINESS
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Other
Property Visibility: Good
Largest Nearby Street: Lewis & Clark Parkway
Feet of Frontage: 200
Highway Access: I-65 to I-64 & I-71
Airports: Clark County Airport & Louisville International SDF
Site Description: Great location between two streets with easy access. Level lot with ample parking
Area Description: High Retail & Restaurant location. Next to a Hotel.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Average
Year Renovated: 1978
Construction/Siding: Block, Concrete, Metal/Glass, Steel Frame, Other
Exterior Description: Attractive two story with some landscaping.
Parking Type: Surface
Parking Description: Paved parking with 65+ marked spots
Sprinklers: None
Interior Description: High Ceiling heights approximately 30 feet in areas. Smooth concrete floors. Steel beam construction.
Zoning Description: B-2 General Commercial Business
Lot Frontage: 200
Lot Depth: 233
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple
Legal Description: LINCOLN PARK LOT 20 BLK C CLARKSVILLE TIF (53) Parcel Number 10-24-03-200-124.000-013

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,443 67,654 182,297
Median Age: 38.68 38.43 37.7
Households: 2,709 28,511 76,690
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