Afordable Middletown Office Condo

Office for Sale
Catylist Listing ID: 30046934
Property Subtypes: Business Park
Building Size (RSF): 1,400 SF
Gross Building Area: See Agent
Sale Price: $112,000
Unit Price: $80 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/9/2018

Overview / Comments


1st floor Office condominium offers private office spaces, a reception/ common area, break room, and restroom.

Tenant has been leasing for 7 years and is month to month for $1,000/month

Landlord pays for HOA ($150/mo) and Taxes

(deed unit 3)

Current Tenants

Is Renting? Yes
Annual Revenue $12,000 (Annual)
Suite Number 1
SF of Space Occupied 1,400 SF
Current Rent $1,000 PSF (Annual)

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 174700K10000
Zoning: OR-3 - Office/Residential District
Property Located Between: On Shelbyville Rd between Old Harrods Creek Rd and N Madison Ave
Property Visibility: Excellent
Highway Access: I64 and I265
Area Description: Middletown
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 1,400 SF
Year Built: 1982
Construction/Siding: Brick
Parking Type: Surface
Total Parking Spaces: 30
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Evaporative Cooler
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,026 66,659 187,352
Median Age: 42.89 41.88 40.45
Households: 4,439 28,831 78,759
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.