Business Opportunity with Real Estate

Retail-Commercial for Sale
Catylist Listing ID: 30662941
Property Subtypes: Free-Standing Building
Building Size (RSF): 2,178 SF
Gross Building Area: See Agent
Gross Land Area: 0.53 Acres
Sale Price: $1,700,000
Unit Price: $780.53 PSF
Property Use Type: Business
Building Name: Valley Liquors
Sale Terms: Cash to Seller
Cap Rate: 4.2%
Last Updated: 11/18/2020

Overview / Comments

Prime opportunity for high demand business with real estate. Perfectly located, excellent visibility in a heavily traveled corridor on Dixie Highway right off the Gene Snyder Freeway. Prime frontage, heavily public/privately invested area (The New Dixie Highway Project) and growing business district.

The $35 million New Dixie Highway project was completed in July of 2020 to foster improved safety, mobility and livability along the corridor. These improvements have/will help spur more investment in future Dixie Highway enhancements/business in the coming years.

Valley Liquors was established back in 1998 and has been a one owner business since its inception. With a proven record of repeat customers and in a service based environment, VL has experienced continued growth due to its positive reputation in the neighborhood.

Property features ample storage space with newer addition, drive through window, newer roof, newer air conditioner, resurfaced parking, security system, cable and more.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 104708110000
Zoning: C-2 - Commercial District
Retail Clientele: General
Property Visibility: Excellent
Largest Nearby Street: Dixie Highway
Feet of Frontage: 125
Traffic/Vehicle Count: 30,000
Highway Access: Gene Snyder Freeway less than .50 mile
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1965
Roof Type: Flat
Construction/Siding: Block
Total Parking Spaces: 30
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Other
Internet Access: Cable
Zoning Description: C-2 Commercial
Lot Frontage: 125 sq ft
Lot Depth: 125 sq ft
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,554 47,469 93,930
Median Age: 36.3 38.3 38.55
Households: 4,017 18,227 36,976


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