Catylist ID: #30528777
Retail-Commercial for Sale
|Catylist Listing ID:||30528777|
|Property Subtypes:||Free-Standing Building, Restaurant|
|Building Size (RSF):||7,000 SF|
|Gross Building Area:||8,500 SF|
|Gross Land Area:||11,326 SF|
|Unit Price:||$128.43 PSF|
|Property Use Type:||Investment|
|Sale Terms:||Cash to Seller|
Overview / Comments
50,000 + Cars per day traffic count on Newtown Pike.
Hotels in the area include: Marriott Griffin Gate Resort - Fairfield Inn Suites - Four Points by Sheraton Hotel - Clarion Hotel - La Quinta Inn- Embassy Suites.
This property has excellent visibility and exposure located on Newtown Pike along with ample parking for patrons.
The restaurant is adjacent to the Marriott' s Griffin Gate Resort and directly across Newtown Pike from the University of Kentucky professional office and research park, the Coldstream Research Campus.
The owner will service a large daytime business population, as well as an upscale residential community. The property has convenient access to Interstates 75 / 64.
This property was had two appraisals done, one for $1,700,000 and one for $1,600,000 in 2014.
The owners are ready to retire and are offering the property at $1,049,000.
|Retail Clientele:||General, Family, Business, Traveler, Tourist, Recreation|
|Largest Nearby Street:||Newtown Pike|
|Total Number of Buildings:||1|
|Number of Stories:||1|
|Total Parking Spaces:||100|
|Air Conditioning:||Package Unit|
|Part of Planned Development?:||Yes|
|Proximity:||1 mile||3 miles||5 miles|
Philip H SewellSewell Commercial Brokerage, LLC KCREA Member
|© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.|