5 Bay Garage in New Albany

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30241775
Property Subtypes: Vehicle Related
Status: Pending/Contingent
Building Size (RSF): 2,970 SF
Gross Building Area: See Agent
Sale Price: $125,000
Unit Price: $42.09 PSF
Property Use Type: Vacant/Owner-User
Building Name: Ray's Exhaust & Radiator
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/14/2018

Overview / Comments

5 Bay garage currently occupied by Ray's Exhaust & Radiator; 2 bays are 12' high and 3 bays are 10' high; some bays have lifts; also 1 of the bays has a pit; small reception/office area at the center of the building with 2 restrooms.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Floyd
Tax ID/APN: 22-05-02-800-327.000-008
Zoning: R-4
Retail Clientele: General
Property Visibility: Excellent
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Fair
Year Built: 1961
Construction/Siding: Block
Parking Type: Surface
Heat Type: Other
Zoning Description: R-4 (non-conforming use variance issued in 1985)
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,738 85,313 194,867
Median Age: 34.15 36.97 37.27
Households: 5,388 34,801 82,315
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