Catylist ID:
#30818912
Commercial Corner At W Ashland & Mapleton Ave
Retail-Commercial
for Sale
| Catylist Listing ID: | 30818912 |
| Property Subtypes: | Free-Standing Building, Restaurant, Street Retail, Tavern/Bar/Nightclub |
| Building Size (RSF): | 2,850 SF |
| Gross Land Area: | 0.23 - 0.25 Acres |
| Sale Price: | $210,000 |
| Unit Price: | $73.68 PSF |
| Property Use Type: | Investment |
| Building Name: | Old Rascals Neighborhood Bar |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 3/29/2023 |
Overview / Comments
|
2326 Sq Ft currently used as a bar/restaurant/beauty shop. The whole property has been leased by the current tenant since August 2019, and they have until August 20, 2024, with a five-year extension option at that time. The tenant currently pays the building owner $1400 a month, but it will go to $1600 if the tenant extends beyond August 20, 2024. Under lease, the building owner is responsible for the roof, taxes, and insurance. The roof & front facade replaced in 2020. No seller financing. Serious inquiries only. Buyer to verify all information including but not limited to the property, taxes, zoning, licenses and lease. |
Additional Details
| Nearest MSA: | Louisville/Jefferson County |
| County: | Jefferson |
| Taxing Authority: | Jefferson County |
| Tax ID/APN: | 053F01400000 |
| Zoning: | C-1 - Commercial District |
| Retail Clientele: | General, Family, Business, Traveler |
| Property Located Between: | Southern Parkway & Taylor Blvd |
| Property Visibility: | Good |
| Largest Nearby Street: | Taylor Blvd/Watterson Expressway |
| Feet of Frontage: | 100 |
| Site Description: | Approximately .25 Acre |
| Area Description: | Approximately .25 Acres At The Corner of W Ashland & Mapleton Ave |
| Tenancy: | Multiple Tenants |
| Property Condition: | Good |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 25,863 | 116,001 | 289,477 |
| Median Age: | 34.76 | 36.12 | 36.76 |
| Households: | 10,665 | 48,156 | 123,102 |
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