3,200 S.F. Building-Currently Leased to El Farolito Restaurant

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30484800
Property Subtypes: Free-Standing Building, Restaurant
Status: Pending
Building Size (RSF): 3,400 SF
Gross Building Area: See Agent
Sale Price: $299,000
Unit Price: $87.94 PSF
Property Use Type: Investment, Business
Building Name: El Farolito
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/28/2020

Overview / Comments

Great spot for commercial retail in populated area with heavy traffic just off of Taylorsville Rd & S Hurstbourne Pkwy! This 3,200 sq. ft. building is currently being leased for a Mexican Restaurant. Roof and HVAC approx. 15 years old. Separate men & women's bathrooms! Could easily be converted into one big open space or many! Multiple entrances give endless possibilities! All restaurant equipment; coolers, freezers, stove tops, fryers, tables, etc. belong to tenant. Seller has no knowledge of sales/profits for restaurant. Tenants on a month to month basis. Shared parking lot with surrounding businesses. Zoned 420 Comm Retail.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 180100040000
Zoning: OTHER
Retail Clientele: General
Property Located Between: Off Taylorsville Road
Largest Nearby Street: Close to S. Hurstbourne Pkwy
Tenancy: Single Tenant
Total Number of Buildings: 1
Property Condition: Good
Year Built: 1968
Parking Description: Parking lot shared with other businesses.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,940 94,980 231,056
Median Age: 37.72 39.93 39.56
Households: 4,997 40,593 98,840


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