River Girls Lounge

Special Purpose for Sale
Catylist Listing ID: 30333024
Property Subtypes: Sports/Entertainment
Building Size (RSF): 3,200 SF
Gross Building Area: See Agent
Gross Land Area: 2.13 Acres
Sale Price: $385,000
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/12/2018

Overview / Comments

Total renovation just completed in Sept. 2018. This property has approximately 420’ of frontage on Dixie Hwy to include the home on the Southside of the bar. There is approximately 1 acre on the Northside for parking. Capacity is for approximately 120 patrons. The house has a 2 bedroom apartment on the first floor and a 1 bedroom apartment in the basement for a total income of $600/month.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 112200150013
Zoning: C-2 - Commercial District
Property Visibility: Excellent
Largest Nearby Street: Dixie Hwy
Feet of Frontage: 370
Highway Access: Dixie Hwy
Airports: LIAP
Site Description: This property includes five lots--#13,14,15,16,17. The former River Girls bar is on approximately 2.63 acres with approximately 420’ of frontage on Dixie Hwy. It has city water and septic for sewer. The site also includes the house on the Southside of the bar. The left rear corner of the bar is in the 100 yr. flood zone.
Area Description: Rural along Dixie Hwy
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,200 SF
Property Condition: Excellent
Year Built: 1984
Year Renovated: 2018
Roof Type: Flat
Construction/Siding: Wood Frame, Other
Exterior Description: Bldg + 1 acre parking lot on septic, city water
Parking Ratio: 3 (per 1000 SF)
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable
Interior Description: Currently the interior has undergone renovation to include total new drywall, carpet, ceiling, stage, dressing room, 2 lap dance booths, I champagne dance room, all new mirrors, new bar with ceramic top cabinets, new stage, new LED voice activated lightning in multiple colors, new vinyl tile in the bath rooms, under the counter cooler, indoor and outdoor security system, computerized stereo system Seats approximately 120. New roof in 2018, Heat and Air are approximately 10+ years old. Ice maker is commercial Manatowoc brand.
Zoning Description: C-2 & M-3
Lot Frontage: 317
Lot Depth: 270
Easements: Utilities
Legal Description: Lot #13,14,15,16,17

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,543 3,306 24,083
Median Age: 36.26 38.98 37.2
Households: 565 1,297 9,143
The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.