Convenience Store Biz w Real Estate

Retail-Commercial for Sale
Catylist Listing ID: 30319587
Property Subtypes: Convenience Store, Service Station/Gas Station, Vehicle Related
Building Size (RSF): 2,145 SF
Gross Building Area: See Agent
Sale Price: $1,500,000
Unit Price: $699.30 PSF
Property Use Type: Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/10/2018

Overview / Comments

Located in New Albany on a heavily traveled road at a 4 way stoplight intersection. Easy access and near interstate. I-65, I-265 and I-64 This convenience store has served the community since 1995. Near other major retailers and local neighborhood businesses. Property and Business for sale. Business requires the signing of an NDA document before sharing on numbers as related to Business. Property is offered as a package deal and will not be sold separately.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Floyd
Tax ID/APN: 22-05-04-400-655.000-008 and 22-05-04-400-645.000-008
Retail Clientele: General, Family, Business, Traveler
Property Located Between: Klerner and Charlestown Rd
Property Visibility: Excellent
Largest Nearby Street: Blackiston Mill Road
Highway Access: Immediate to I-265, I-65 and I-64
Airports: Clark County Regional Airport, Louisville International Airport
Site Description: Community setting, corner lot, other small businesses nearby along with retail strip centers, pharmacy, pizza and near brand grocery store.
Area Description: Businesses have relocated to this section and also north of I-265. The restaurant and grocery were closer in toward town and have since relocated to this area. There is also new development with medical and other retail just up the street as you head toward I-265.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1 SF
Property Condition: Good
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Standard look for most C-stores
Parking Type: Surface
Parking Description: Surface lot with additional parking on the side lot.
Heat Source: Central
Air Conditioning: Engineered System
Interior Description: Typical Cstore layout with shelves lining the path for shoppers. Counter at the door.
Zoning Description: C 1b Local Business. This district has the same characteristics and requirements as C-1a. The permitted uses are generally the same, but this is a more general business center. (C 1 below is for reference purposes) C 1 is This district is designed to accommodate neighborhood type shopping and service facilities offering direct services to customers. This district is important to the economic welfare of the community in placing convenience and impulse goods shops close to the consumer. This is a highly restricted business center permitting a limited group of uses. No signs may overhang the front lot line.
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Parcel 1) 22-05-04-400-655.000-008 and parcel 2) 22-05-04-400-645.000-008

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,371 68,580 144,408
Median Age: 40.45 38.11 37.75
Households: 4,143 28,515 58,699


Photograph of Listing Agent

Michael A Kopp

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