B-3 Zoned Retail/Office Building - Richmond, KY

Retail-Commercial for Sale
Catylist Listing ID: 30655673
Property Subtypes: Free-Standing Building
Building Size (RSF): 9,987 SF
Gross Building Area: See Agent
Sale Price: $915,000
Unit Price: $91.62 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/5/2020

Overview / Comments

9,987 SF B-3 zoned building at 108 Bay View Dr in Richmond, KY. Located right off US-25 / Berea Rd with 20,500 VPD, this free-standing building is at the front of a residential area with 275+ homes and on the way out to the Blue Grass Army Depot and its approximate 2,200 workers. Plenty of parking with 60 spaces on the 0.978 acre lot. Flexible B-3 zoning allows for a multitude of users including retail, office, medical, wholesale distribution, gym, or church. Building is currently setup as a single occupant, but was divided to multi-tenant in the past and could easily be converted back if needed.

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Additional Details

Nearest MSA: Richmond-Berea
County: Madison
Tax ID/APN: 0069-0014-0005
Zoning: B-3
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Construction/Siding: Metal Siding, Steel Frame
Total Parking Spaces: 60
Sprinklers: None
Zoning Description: B-3

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,638 27,778 43,810
Median Age: 28.1 31.45 33.3
Households: 1,330 10,613 17,217

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