Retail / Office - .68 Acres

Retail-Commercial for Sale
Catylist Listing ID: 30335005
Property Subtypes: Free-Standing Building
Building Status: Proposed
Building Size (RSF): 1,600 SF
Gross Building Area: See Agent
Sale Price: $189,900
Unit Price: $118.69 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/3/2019

Overview / Comments

Originally built as one of New Albany's first, drive-thru banks, the building still features the original vault, and night depository. For decades, it's been home to a successful consignment boutique. Tenant wishes to stay, but is currently on a month-to-month lease. Property also includes parcel next door at the corner of Charlestown Rd. and Ormond Rd. Offers plenty of parking, with good ins and outs. Zoned commercial, variety of possible uses.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Floyd
Tax ID/APN: 22-05-04-300-265.000-008
Retail Clientele: General, Business
Property Visibility: Excellent
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,600 SF

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,281 68,461 167,979
Median Age: 37.12 37.91 37.54
Households: 6,237 28,532 69,090


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