3 Buildings 1 is Storage Unit Income

Retail-Commercial for Sale
Catylist Listing ID: 30856074
Property Subtypes: Convenience Store, Free-Standing Building, Garden Center, Restaurant, Service Station/Gas Station, Street Retail, Tavern/Bar/Nightclub, Vehicle Related
Building Size (RSF): 6,000 SF
Gross Building Area: See Agent
Sale Price: $525,000
Unit Price: $87.50 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/18/2024

Overview / Comments

Check out this 5 acre multi-use commercial property located on State Road 135. Close to Brandenburg Ky and Corydon IN. Currently has one storage building with income (17 units). This is considered an "Expandable PUD" under PUD zoning. The Main building has 2 bathrooms, a breakroom, a large open floor area and more storage in the upstairs area. The HVAC system (apprx 5 years old) is electric and it also has an LP backup. The 24 x 40 garage was built in 2007 and has a very high ceiling as it was used to service RV's. The owner may consider a 3-5 year lease. Currently the property operates as an antique business. Great access as its connected to the main highway, retail, storage, RV and boat activity are a few options that may work here. The is a great value and its a very flexible property. Copy of PUD is available for review. It appears an additional storage building could easily be added.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Harrison
Tax ID/APN: 131715400002000009
Zoning: PUD DEVELOPMENT
Retail Clientele: General, Family, Business, Traveler
Property Visibility: Excellent
Largest Nearby Street: Hwy 135 State Road
Highway Access: Your address is a Hwy address so that's good access.
Site Description: Wide open off hwy setting with lots of trees on the property perimeter and it makes the buildings stand out.
Tenancy: Multiple Tenants
Total Number of Buildings: 3
Number of Stories: 2
Property Condition: Excellent
Roof Type: Other
Construction/Siding: Metal Siding
Exterior Description: Sharp looking metal siding and nice high roof slants
Parking Type: Surface
Parking Description: Very large gravel lot
Heat Type: Electricity, Propane
Heat Source: Central
Air Conditioning: Engineered System
Interior Description: Nicely finished, office, breakroom, restrooms and large interconnected garage
Zoning Description: Expandable PUD
Water Service: Municipal
Sewer Type: Septic
Legal Description: PT NW 1/4 & SE 1/4; 15-5-3; 5.00 AC

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,801 4,221
Median Age: 38.94 40.04
Households: 714 1,654

Contact

Photograph of Listing Agent

Michael A Kopp

RE/MAX FIRST KCREA Member
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