Opportunities Unlimited! Mini Storage / Multifamily

Retail-Commercial for Sale
Also listed as Multi-Family, Vacant Land
Catylist Listing ID: 30782650
Property Subtypes: Car Wash, Convenience Store, Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Parking Facility, Post Office, Restaurant, Retail-Pad, Service Station/Gas Station, Street Retail, Tavern/Bar/Nightclub, Vehicle Related, Other
Building Size (RSF): 3,000 SF
Gross Building Area: See Agent
Sale Price: $228,000
Unit Price: $76 PSF
Ceiling: 14 ft.
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 1/11/2022

Overview / Comments

Opportunity Zone!! Lots of Value Add with This property.
There are currently 3 buildings on site.
Approximately 2 acres with frontage on Highland ave (US 42) and Village Ln with 4 way light.
Area is mixed use. Retail, Gas Convenience stores, strip centers, multifamily and single family. Hospital is adjoining property along with apartments and commercial.
Possible uses... Apartments, patio homes, storage facilities, retail/commercial.
Being sold AS IS.
1 single family 2 bedroom house- as is needs work
Commercial Building, former gas station. #seller said tanks were removed
Currently rented for $500. mo on month to month lease
Large Block barn/shop with concrete floor- needs work
Bring your offers!

Current Tenants

Tenant Business Name Avengers
Industry Type Other Services
Is Renting? Yes
SF of Space Occupied 1,500 SF
Current Rent $500 PSF (Annual)
Escalations none. Month to Month.
Options none
Tenant Notes Avengers Group is current on their lease and would like to stay. They are month to month and aware they may need to relocate if new owner needs space. They only occupy 1 building on property
Tenant Business Name Avengers
Industry Type Other Services
Is Renting? Yes
SF of Space Occupied 1,500 SF
Current Rent $500 PSF (Annual)
Escalations none. Month to Month.
Options none
Tenant Notes Avengers Group is current on their lease and would like to stay. They are month to month and aware they may need to relocate if new owner needs space. They only occupy 1 building on property

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Carroll
Submarket Type: Central Business District
Zoning: C
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Located Between: US 42 (Highland Ave) Village Ln
Property Visibility: Good
Largest Nearby Street: HWY 42 / Highland Ave
Feet of Frontage: 200
Highway Access: I-71
Airports: CVG, SDF, LEX
Site Description: Mixed Use
Area Description: Mix of freestanding retail, convenience stores, strip centers, multifamily, single family
Tenancy: Multiple Tenants
Total Number of Buildings: 3
Number of Stories: 1
Property Condition: Fair
Year Built: 1945
Roof Type: Other
Construction/Siding: Block, Brick, Brick/Vinyl Siding
Exterior Description: Old gas station, brick house and large block barn rolling land with frontage on 2 roads. Sewer Water Gas on site
Total Parking Spaces: 30
Parking Type: Surface
Parking Description: Street Parking and Parking Spots. Free Parking
Sprinklers: None
Heat Type: Electricity, Natural Gas
Heat Source: Baseboard, Wall Units, Other
Air Conditioning: Window Unit, Other
Internet Access: Cable, DSL, T1/T3
Interior Description: Drywall finish,block, plaster..Property sold in as/is condition
Zoning Description: c
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Land Ownership: Estate

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,053 6,155 9,976
Median Age: 35.87 36.6 38.49
Households: 1,191 2,309 3,790

Contact

© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.