Established Plumbing Company and Renovated Real Estate for Sale

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30863837
Property Subtypes: Mixed Use, Street Retail, Vehicle Related, Other
Status: Pending/Contingent
Building Size (RSF): 2,909 SF
Gross Building Area: See Agent
Gross Land Area: 0.15 Acres
Sale Price: $655,000
Unit Price: $225.16 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 2/26/2024

Overview / Comments

We are pleased to present a plumbing company and flexible commercial space for sale.

The property features, 2,909SF of renovated office and shop/warehouse space in the growing Wilder Park neighborhood seconds away from Churchill Downs.

This property is currently owner-occupied. The business and real estate are being sold as a package, offering a unique opportunity for an individual looking to expand or get started as a business owner. With over 15 years of history, the plumbing business features a loyal customer base, consistent cash flow, dedicated employees, and an overflow of work requests despite its lean operation.


Price Breakdown:
Real Estate: $325,000
Business: $330,000

Property Highlights:
- Garage space to park 5 trucks/vans
- Storage room for inventory and parts
- Office space for up to 4 administrators
- Renovated in 2020
- Exterior metal siding
- 2 bathrooms
- Security system
- Interior office space is fully insulated
- Abundance of storage solutions on the wall
- Roof is older, some patchwork has been completed recently
- 3 operational drive-in bays with motorized doors (one on front and one on the back of the building)
- 5 Total - 2 are in working condition but currently blocked off and not used

Business Highlights:
- High Market Demand
- Brand Reputation
- Strong Team
- Assets and Inventory Included

See the attached flyer for more information on the business opportunity.

Revenue of $690,811 in 2022.
Seller's discretionary earnings of $214,117 in 2022.

Attachments & Media

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Taxing Authority: Jefferson County
Tax ID/APN: 055E01060000
Zoning: R-6 - Residential Multi-Family District
Retail Clientele: General, Business
Property Located Between: Churchill Downs and Cardinal Stadium
Property Visibility: Excellent
Largest Nearby Street: S 3rd St
Highway Access: I-65 / 264
Airports: Louisville International Airport
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,909 SF
Property Condition: Good
Year Built: 1920
Year Renovated: 2020
Roof Type: Gable
Construction/Siding: Brick/Aluminum Siding
Total Parking Spaces: 6
Parking Type: Surface
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Interior Description: Renovated in 2020, two bathrooms, office space, storage space, and a shop/warehouse for company trucks and equipment.
Zoning Description: R6 - Company has a conditional use permit to operate their business.
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,552 136,028 309,777
Median Age: 35.33 35.91 36.75
Households: 7,276 58,509 132,394


Photograph of Listing Agent

Cal J Lewellyn

EXP Realty LLC KCREA Member
Photograph of Listing Agent

Stephanie L Gilezan

EXP Realty LLC KCREA Member
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