Taylor/Berry Corner

Retail-Commercial for Sale
Catylist Listing ID: 30314542
Property Subtypes: Free-Standing Building, Mixed Use, Retail-Pad, Service Station/Gas Station, Vehicle Related
Building Size (RSF): 34,000 SF
Gross Land Area: 1.44 Acres
Sale Price: $1,850,000
Unit Price: $54.41 PSF
Property Use Type: Investment
Usable Size (USF): 34,000 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/17/2018

Overview / Comments

This offering ALSO includes properties located at 3506, 3510 and 3512 Taylor Blvd and 1312, the Alley, 1318 and 1320 Berry Blvd, plus the vacant lot in Rear for a total of seven (7) buildings containing 34;000 sq ft situated on 1.44 acres Zoned C-2. The property is located Four Blocks North of the I-264 Watterson Expressway. Gross leases provide a scheduled Rent Roll of $182,000 annually, rents average $5.50/ft and haven’t budged in ten years. Redevelop, “Rehab n Raise Rents” or bulldoze and build theTrophy.

No sign, Appointment Only.

Attachments & Media

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Taxing Authority: Louisville
Zoning: C-2 - Commercial District
Retail Clientele: General, Business, Other
Property Visibility: Excellent
Feet of Frontage: 245
Highway Access: Four blocks to I-264
Airports: SDF-1.5 miles
Site Description: Prime Flat Corner Lot
Tenancy: Multiple Tenants
Total Number of Buildings: 7
Number of Stories: 1
Typical SF / Floor: 8,000 SF
Property Condition: Average
Parking Type: Surface
Parking Description: .228 acre lot in Rear
Zoning Description: C-2
Lot Frontage: 245
Lot Depth: 185
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 24,638 129,394 293,819
Median Age: 34.47 35.9 36.59
Households: 9,888 55,091 124,425


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