KFB Building/apartment suite
Office
for Sale
Sale Pending
| Catylist Listing ID: |
30798396 |
| Property Subtypes: |
Mixed Use, Office Building
|
| Status: |
Pending |
| Building Size (RSF): |
4,290 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$199,950 |
| Unit Price: |
$46.61 PSF |
| Ceiling: |
8 ft. |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Business |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
11/14/2022 |
Overview / Comments
very nice class A office space occupied;
with efficiency apartment in rear with separate parking and entry;
and storage space in rear behind apartment
rents based on previous rentals have been $2,000 on office space and $600 on apartment, rear space has been used as storage but could easily be another apartment
Motivated seller says $199,950 sale price and $3 year lease at $1,400 monthly!
|
Financials
| Finance Data Year |
2022 |
| Gross Operating Income |
$31,200 (Annual) |
| Actual or Proforma Year |
Actual |
Current Tenants
| Tenant Business Name |
Kentucky Farm Bureau |
| Contact Name |
Michael Davis |
| Contact Title |
owner |
| Phone Number |
270-786-3714 |
| Industry Type |
Retail Trade |
| Is Renting? |
Yes |
Additional Details
| Nearest MSA: |
Bowling Green |
| County: |
Hart |
| Submarket Type: |
Central Business District |
| Tax ID/APN: |
402-00-14-004.00 |
| Zoning: |
COMMERCIAL |
| Property Located Between: |
E'town/Bowling Green |
| Highway Access: |
US 31W |
| Airports: |
Glasgow |
| Site Description: |
downtown |
| Area Description: |
small town prime rental space |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Typical SF / Floor: |
3,000 SF |
| Roof Type: |
Gable |
| Construction/Siding: |
Brick |
| Parking Type: |
Surface |
| Total Parking Spaces: |
4 |
| Sprinklers: |
None |
| Heat Type: |
Natural Gas |
| Heat Source: |
Central |
| Air Conditioning: |
Engineered System |
| Internet Access: |
Cable, DSL, Fiber Optic |
| Interior Description: |
excellent |
| Zoning Description: |
retail |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Easements: |
Utilities |
| Land Ownership: |
individual |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
5,028 |
7,764 |
| Median Age: |
41.54 |
40.75 |
| Households: |
2,083 |
3,109 |
|
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