St. Matthews. Building for sale.

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30565881
Property Subtypes: Day Care Facility, Free-Standing Building, Mixed Use, Other
Status: Pending
Building Size (RSF): 4,600 SF
Gross Land Area: 0.57 Acres
Sale Price: $795,000
Unit Price: $172.83 PSF
Ceiling: 8 ft.
Has Drive-Thru? Yes
Property Use Type: Investment, Business
Building Name: undisclosed
Usable Size (USF): 4,600 SF
Core Factor: 100%
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 92
Last Updated: 1/31/2021

Overview / Comments

St. Matthews location with very high demand. Brick, one story bldg, 4600 sft., .57 ac. lot. A Well established child learning center includes all furniture, accessories and equipment. 4 star rated by KY Health and family services, 2020 A rating at 100% by state inspection. Well managed, ADP payroll system, Brightwheel mgmt system. Great Investment opportunity w/ NOI 30%. Building has $43,500 recent improvements, windows, AC, updated plumbing, etc. Located next to high-end commercial center dining, shopping and a variety of stores. This business is doing very well with quick interstate access to Watterson and 71, north to Springhurst or 5 min to downtown St. Matt.. Call for showing. NDA required please.

Attachments & Media

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Submarket/Township: 09 - Anchorage / Lyndon / Prospect / Up River Road
Submarket Type: Suburban
Taxing Authority: St. Matthews
Tax ID/APN: W00300400000
Zoning: R-4 - Residential Single Family District
Retail Clientele: Business
Property Located Between: see agent
Property Visibility: Excellent
Largest Nearby Street: see agent
Feet of Frontage: 200
Highway Access: I-264
Airports: Louisville International
Site Description: Single story building, paved parking lot, 14 parking spaces, very easy access and visibility.
Area Description: East end location next to high end commercial development with shopping, dinning and entertainment..
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 4,600 SF
Property Condition: Excellent
Year Built: 1979
Year Renovated: 2017
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Brick, slab floor, hip soffit , flat roof, paved parking lot.
Total Parking Spaces: 14
Parking Ratio: 1 (per 1000 SF)
Parking Type: Surface
Parking Description: Paved , 14 parking spots
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable
Interior Description: Open plan, 6-7 rooms, 3 restrooms, 1 kitchen, tiled flooring, windows and lots of natural light
Zoning Description: R-4
Lot Frontage: 200
Lot Depth: 160
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Easements Description: utilities and sewer
Land Ownership: owned
Legal Description: undisclosed

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,951 98,950 229,389
Median Age: 38.33 41.97 40.94
Households: 7,885 44,603 101,606


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