Multifamily/Retail located in J-Town!

Multi-Family for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30351111
Property Subtypes: Duplex/Fourplex
Number of Units: 3 Units
Building Size (RSF): 3,150 SF
Gross Building Area: See Agent
Sale Price: $275,000
Unit Price: $91,666.67 Per Unit
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/17/2018

Overview / Comments

This property is located J-Town. Currently vacant. Seller purchased this as a 3 unit multifamily complex but renovated it in 1995 to a dance studio with an upstairs apartment. This property could be easily built out for additional units. Retail or Office would also be a good fit for this location. Approx. .50 acres total. High upside potential with this investment.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 004504360000
Zoning: C-N - Neighborhood Commercial District
Percent Occupied: 0%
Highway Access: I-264 and I-64
Airports: Louisville International Airport
Site Description: Single structure towards the front of property with additional land towards the back of the property.
Area Description: Located in the heart of J-Town facing Taylorsville Rd. High Visibility.
Total Number of Buildings: 1
Property Condition: Fair
Number of Stories: 2
Year Built: 1880
Year Renovated: 1995
Roof Type: Arched
Construction/Siding: Wood Siding
Exterior Description: The building sits on the front portion of the land. The rear could potentially be used for additional build out.
Parking Type: Surface
Parking Description: approx. 10 parks located in behind the building
Total Parking Spaces: 10
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Fuel: Gas
Air Conditioning: Engineered System
Interior Description: Currently set up for retail on the first floor and apartment upstairs
Zoning Description: C-N zoning allows for multifamily, office, retail, single family
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: fee simple

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,843 82,599 216,188
Median Age: 36.89 39.83 39.8
Households: 5,218 33,722 92,162
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.