Catylist ID:
#30663333
Rare Middletown Investment Opportunity :: FOR SALE
Retail-Commercial
for Sale
Sale Pending/Contingent
| Catylist Listing ID: | 30663333 |
| Property Subtypes: | Free-Standing Building, Mixed Use, Street Retail |
| Status: | Pending/Contingent |
| Building Size (RSF): | 1 SF |
| Gross Building Area: | See Agent |
| Sale Price: | $875,000 |
| Unit Price: | $875,000 PSF |
| Property Use Type: | Investment, Vacant/Owner-User |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 11/20/2023 |
Overview / Comments
|
Featuring two buildings located at a signalized intersection in the heart of Middletown, this exciting investment opportunity is now available for purchase. This rare offering features great exposure to the highly trafficked Shelbyville Road, ease of access and ample parking. Of the two buildings, one (105 N Madison) is a renovated office building featuring 5 offices, a conference room and kitchenette area. The second building (105 N Madison) would be ideal for a variety of uses, including automotive repair/service, restaurant (a drive-thru could be explored), service retail, or other users looking for ample exposure and accessibility. This offering would be ideal either for an owner occupant, seeking to utilize one of the buildings and lease the other one for additional income, an investor looking to purchase two quality assets in a premier location, or a developer looking to repurpose the property. Please inquire with the listing agent for additional information. |
Additional Details
| Nearest MSA: | Louisville/Jefferson County |
| County: | Jefferson |
| Tax ID/APN: | 002204560000 |
| Zoning: | C-2 - Commercial District |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 7,686 | 63,736 | 184,651 |
| Median Age: | 43.76 | 42.09 | 40.39 |
| Households: | 3,269 | 27,309 | 76,997 |
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