4120 Cane Run Road - Reduced

Retail-Commercial for Sale
Catylist Listing ID: 30262709
Property Subtypes: Car Wash, Convenience Store, Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Parking Facility, Restaurant, Service Station/Gas Station, Street Retail, Tavern/Bar/Nightclub, Vehicle Related, Other
Building Size (RSF): 1,080 SF
Gross Land Area: 0.55 Acres
Sale Price: $295,000
Unit Price: $273.15 PSF
Property Use Type: Investment, Business
Building Name: 3 bay garage with office
Usable Size (USF): 1,080 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/17/2018

Overview / Comments

Free-standing 3-bay 792 square foot garage with 288 square foot office
Currently being used as a used car lot
Built in 2017 and is in excellent condition
Located just off the Watterson Expressway exit at Cane Run Road
Traffic counts of 32,000 at that site
Excellent visibility with 111 feet of frontage

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 100804380000
Zoning: C-2 - Commercial District
Retail Clientele: General, Family, Business, Traveler, Recreation, Other
Property Located Between: Ralph Ave and Kramers Lane at the I-264 Ramp
Property Visibility: Excellent
Largest Nearby Street: I-264
Feet of Frontage: 111
Highway Access: Cane Run Road at I-264 Immediate access.
Airports: Louisville International Airport (SDF)
Site Description: 3 bay garage with small office
Area Description: High traffic area of Cane Run located just off the Watterson Expressway
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,080 SF
Property Condition: Excellent
Year Built: 2017
Parking Type: Surface
Parking Description: Onsite surface parking
Sprinklers: None
Heat Type: Electricity
Heat Source: Other
Interior Description: 288 sf office 792 sf 3 bay shop
Zoning Description: C-2 and R-6
Lot Frontage: 111 ft
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,208 89,113 229,157
Median Age: 38.97 36.93 36.11
Households: 5,038 35,915 93,756
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