Red Door Lounge

Special Purpose for Sale
Catylist Listing ID: 30332912
Property Subtypes: Sports/Entertainment
Building Size (RSF): 7,300 SF
Gross Building Area: See Agent
Gross Land Area: 0.73 Acres
Sale Price: $275,000
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/19/2019

Overview / Comments

In addition to the bar there are 4-one bedroom apartments on the first floor renting for $175 weekly and 2-two bedroom apartments on the second floor renting for $200 per week. All are fully furnished with electric Zone heating and air. Layout is a combo living room and kitchen, bedroom and bath.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 113700050000
Zoning: C-2 - Commercial District
Property Visibility: Excellent
Largest Nearby Street: Dixie Hwy
Feet of Frontage: 175
Highway Access: Dixie Hwy
Airports: LIAP
Site Description: This operating Lounge has capacity for 120 patrons, approximately 30 parking spaces, with 175’ of road frontage on Dixie Hwy located just North of the Kosmos Plant. It is on city water and septic tank. There is a mix of businesses and retail nearby. The building has approximately 7300 sf.
Area Description: Mix retail & residential
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Average
Year Built: 1940
Roof Type: Flat
Construction/Siding: Other
Parking Ratio: 2.5 (per 1000 SF)
Parking Type: Surface
Parking Description: 30 spaces / unassigned
Heat Type: Natural Gas
Heat Source: Central, Wall Units
Air Conditioning: Engineered System, Package Unit
Internet Access: Cable
Interior Description: Consists of a dance stage, two dressing rooms, tanning bed, 3 private rooms, 8 booths, DJ booth, 2 pool tables, bar with under bar coolers, computerized stereo system.
Zoning Description: C-2
Lot Frontage: 175
Lot Depth: 200
Easements: Utilities
Legal Description: Lot # 5

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,543 7,650 28,085
Median Age: 36.26 35.63 38.01
Households: 565 2,816 10,648
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.