Dixie / Broadway Development Opportunity

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30315322
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Other
Status: Pending/Contingent
Building Size (RSF): 6,622 SF
Gross Land Area: 0.13 Acres
Sale Price: $229,000
Unit Price: $34.58 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/13/2018

Overview / Comments

Great investment opportunity in the Dixie/ Broadway Redevelopment area. This brick two story corner lot building is located just south of Brown Forman, and close proximity to the upcoming YMCA and Kentucky One Facility.
The subject property is surrounded by emerging future growth and is within the Dixie Master Plan, with proposed Dixie Hwy to be widened.

This property is perfect for a restaurant, pub, or retail establishment with an apartment on the second floor. The right type of Development plan embraced by the City to which some of the adjacent lots may be incorporated by further collaborating with the City.
Don't miss this opportunity to own and capitalize the future growth of the Dixie corridor with this well positioned building.
(Selling Broker & Buyer are responsible to verify all information)

Attachments & Media

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Zoning: C-1 - Commercial District
Retail Clientele: General
Largest Nearby Street: Dixie & Broadway
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Average
Year Built: 1920
Roof Type: Flat
Construction/Siding: Block
Parking Type: Surface
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,195 134,463 280,915
Median Age: 32.15 35.39 36.33
Households: 6,787 56,280 120,508
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