Commercial/Residential Opportunity on Old Preston Hwy N

Retail-Commercial for Sale
Catylist Listing ID: 30507183
Property Subtypes: Day Care Facility, Other
Building Size (RSF): 7,560 SF
Gross Building Area: See Agent
Gross Land Area: 6.36 - 6.35 Acres
Sale Price: $330,000
Unit Price: $43.65 PSF
Property Use Type: Vacant/Owner-User, Business
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 11/11/2019

Overview / Comments

A great commercial opportunity off Old Preston Hwy N! The building on this property was previously utilized as a daycare, but could be outfitted for any number of business ventures. Special features include an asphalt parking lot to the front of the building, docking bay with two loading doors, 6 exterior entry points (including the main double-door entry), 7 established rooms (including large central room, 59' x 89'), and 4 individual bathrooms.

The lot is a total of 6.55 acres and extends into the Shadowland Subdivision's residential area. This area is mostly wooded and undeveloped.

Although mostly a residential area, Old Preston Hwy N has several commercial developments running along it. This property is neighbored by Hillview Family Dentistry to its left and Grissom's Auto Care Service to its right. The opposite side of Old Preston Hwy is wooded.

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Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Zoning: C-R - Commercial/Residential District
Retail Clientele: General, Family
Property Located Between: Hillview Family Dentistry and Grissom's Auto Care Service
Property Visibility: Good
Largest Nearby Street: Preston Hwy
Feet of Frontage: 224
Highway Access: Just minutes from the Gene Snyder Freeway and I-65.
Airports: 15 minutes drive from Louisville International Airport
Site Description: Commercial building includes large asphalt parking lot, two docking bay doors, 6 exterior entry points, 4 individual bathrooms, and 7 walled rooms including a large central area that measures roughly 59' x 89'. Lot extends into residential area beyond the building for a total of 6.355 acres.
Area Description: Located near primarily residential neighborhoods just off Preston Hwy. Preston Hwy has several commercial developments in this area.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 7,560 SF
Property Condition: Average
Exterior Description: Concrete stairs lead to main, double-door entry. Windows are currently boarded.
Parking Type: Surface
Parking Description: Asphalt parking lot. Needs to be repaved and properly marked. However, still fully functional.
Interior Description: Main area is large due to the removal of several interior walls (59'x89'). Room on left-hand side of building corresponds to dock and loading doors. 5 more individual rooms exist along the right-hand side of building, 3 of which are interlocking. There are also 4 individual bathrooms located on the right-hand side of the building.
Zoning Description: Commercial and Residential
Lot Frontage: 224'
Lot Depth: 900'
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,938 43,356 112,954
Median Age: 37.35 37.09 37.47
Households: 4,152 16,232 43,502

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