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: $117,900
Unit Price: $84.21 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/19/2017

Overview / Comments

UNIT 5

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

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
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