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: |
2/25/2023 |
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!
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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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The information presented herein is provided as is, without warranty of any kind.
Neither Kentucky Commercial Real Estate Alliance nor
Moody's assume any liability for errors or omissions.
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