Catylist ID:
#30871948
2 RETAIL BUILDINGS ON 1.48 ACRE
Retail-Commercial
for Sale
| Catylist Listing ID: | 30871948 |
| Property Subtypes: | Street Retail, Other |
| Building Size (RSF): | 9,425 SF |
| Gross Land Area: | 1.25 - 1.50 Acres |
| Sale Price: | $475,000 |
| Unit Price: | $50.40 PSF |
| Property Use Type: | Investment, Business |
| Building Name: | Some Where In Tyme |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Average Occupancy Rate: | 100 |
| Last Updated: | 7/23/2024 |
Overview / Comments
|
Fantastic location on S Main Street with an acre of private parking in rear. Has been used as the "Some Where In Tyme" antique store for the last 12 years. These adjoined buildings have 3 pass-thrus on the first floor with the upstairs separated. Zoned commercial. Buildings have separate electric, water & HVAC systems and could be divided by new owner (operate half & rent half to cover overhead). 5241 S Main - (130'x31') 4216 sf on main level and 1829 sf upstairs for a combined 6045 sf. This was a former movie theatre and has two staircases (front and back) leading upstairs. The original balcony in the front of the building has a concrete floor. First floor has a half bath and 2-3 dressing rooms. 5243 S Main - (130'x26') has 3380 sf. Main floor has a half bath and separate washer hookups with 220v. Upstairs is a large unfinished loft with a small area of flooring. Combined Square Footage - 9,425 New roof was just installed in January 2024. The facade of both buildings have been redone as well. The owners are retiring after many happy years. Business is NOT for sale but the inventory is negotiable. |
Attachments & Media
Additional Details
| Nearest MSA: | Louisville/Jefferson County |
| County: | Henry |
| Tax ID/APN: | 030-30-03-006.00 |
| Zoning: | COMMERCIAL |
| Retail Clientele: | General, Family, Traveler |
| Property Located Between: | Fairview Ct & Bell Lane |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Broadway |
| Feet of Frontage: | 57 |
| Tenancy: | Single Tenant |
| Total Number of Buildings: | 2 |
| Number of Stories: | 2 |
| Property Condition: | Average |
| Year Built: | 1938 |
| Roof Type: | Flat |
| Construction/Siding: | Brick |
| Parking Description: | Overhead view of lot in pictures |
| Heat Type: | Natural Gas |
| Heat Source: | Central |
| Zoning Description: | Commercial |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Easements: | Other |
| Easements Description: | Easement to parking at end. |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 2,885 | 3,628 | 8,834 |
| Median Age: | 36.03 | 37.3 | 40.86 |
| Households: | 1,135 | 1,419 | 3,423 |
| © Copyright 2024 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Moody's assume any liability for errors or omissions. |
