116 West Main Street

Office for Sale
Catylist Listing ID: 30343273
Property Subtypes: Office Building
Building Size (RSF): 25,685 SF
Gross Building Area: 29,760 SF
Gross Land Area: 0.70 Acres
Sale Price: $995,000
Unit Price: $38.74 PSF
Property Use Type: Vacant/Owner-User
Class of Space: Class A
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 11/19/2018

Overview / Comments

Rare opportunity to purchase a downtown professional office building located on Main Street in Richmond, KY. The building has Class A construction with three levels, including a partly finished walk out basement. Highlights of the property include a corner location with excellent visibility, elevator, and 40 onsite surface parking spaces.

Property Highlights:
• Rare purchase opportunity
• Class A building
• Excellent visibility
• Three levels
• Elevator
• 40 onsite surface parking spaces

Additional Details

Nearest MSA: Richmond-Berea
County: Madison
Zoning: B-2
Area Description: This upscale downtown office building is located on the corner of West Main and First Street in Richmond, KY across the street from the Madison County Court House.
Total Number of Buildings: 1
Number of Stories: 3
Year Built: 1958
Total Parking Spaces: 40
Passenger Elevators: 1
Zoning Description: Central Business District

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,767 35,284 41,618
Median Age: 30.54 31.41 32.99
Households: 5,263 13,957 16,322

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