Building and lots

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30639492
Property Subtypes: Free-Standing Building, Restaurant, Retail-Pad
Status: Pending
Building Size (RSF): 2,618 SF
Gross Building Area: See Agent
Sale Price: $350,000
Unit Price: $133.69 PSF
Is Quick-Service Restaurant? Yes
Has Drive-Thru? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/1/2020

Overview / Comments

Restaurant location with parking. Located at the end of Spring St. next to other Retail, and office buildings. Could be a good location for multi-family with re-zoning.
Full legal: P.470 PRT. L.81 & 82, PRT. L.82-#09 P. 470/515 E 20' L.80 15' L.81-#07 P. 470 PR T. L.82 ALSO W 15' L.83-#10

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Floyd
Tax ID/APN: 22-05-02-900-898.000-008
Retail Clientele: General, Family, Business, Traveler, Recreation
Property Located Between: Silver St and Spring St
Property Visibility: Excellent
Largest Nearby Street: Sring Street
Feet of Frontage: 540
Highway Access: I65 N/S I265 I64 E/W
Site Description: Past Restaurant with 32 parking spaces - adjacent property owned by the same owner - potential larger parcel available.
Area Description: Commercial main street from New Albany to Clarksville IN
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,618 SF
Property Condition: Fair
Year Built: 1971
Year Renovated: 2000
Construction/Siding: Wood Siding
Total Parking Spaces: 32
Parking Type: Surface
Heat Source: Central
Air Conditioning: Package Unit
Lot Depth: 175
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress
Legal Description: Full legal: P.470 PRT. L.81 & 82, PRT. L.82-#09 P. 470/515 E 20' L.80 15' L.81-#07 P. 470 PR T. L.82 ALSO W 15' L.83-#10

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,464 82,577 204,930
Median Age: 36.62 37.27 37.05
Households: 4,140 33,765 87,845
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