commercial duplex

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30626210
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use, Street Retail
Status: Pending
Building Size (RSF): 3,080 SF
Gross Building Area: 4,880 SF
Sale Price: $265,000
Unit Price: $86.04 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Usable Size (USF): 4,880 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/18/2021

Overview / Comments

Deal fell apart on buyers side. Bring Offer!!!! What a great location and Investment opportunity. Existing Liquor store business is a long term tenant and is NOT included but can stay of vacate. Property has a second vacant space with approximately 2000 sq foot with 1800 sq foot basement that has exterior exit and interior stairs. Listing includes 75 W 10th street.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Floyd
Taxing Authority: Floyd
Tax ID/APN: 22-05-00-300-669.000-008
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Casino
Property Located Between: Edge of New Albany and Caesars Casino
Largest Nearby Street: Main Street
Highway Access: I 64 to New Albany Indiana
Site Description: Corner of West 10th and Main Street
Area Description: Main traffic heading to Caesars Casino
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,080 SF
Property Condition: Fair
Year Built: 1950
Year Renovated: 1975
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Brick, wood siding
Parking Type: Surface
Parking Description: Front and rear parking
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Air Curtain
Interior Description: Liquor store as one tenant and vacant space and 1/2 basement was a pawn shop (Closed)
Zoning Description: commercial
Water Service: Municipal
Sewer Type: Municipal
Legal Description: P. 6 EX 36' L. 5-6 NW 32' X 55' L. 6 and P.6 PRT. L 5 & 6

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,339 72,097 178,492
Median Age: 38.72 36.59 36.38
Households: 2,525 29,299 73,943
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