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

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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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