Investment opportunity on Dixie

Retail-Commercial for Sale
Also listed as Office
Catylist Listing ID: 30356088
Property Subtypes: Day Care Facility, Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Tavern/Bar/Nightclub, Vehicle Related, Other
Building Size (RSF): 4,800 SF
Gross Building Area: See Agent
Sale Price: $199,900
Unit Price: $41.65 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/3/2018

Overview / Comments

"The Witten Building" - Conveniently located minutes from I-264 on Dixie Hwy.
This two story building with full basement is located on the corner of Dixie and Kendall Ln. The First floor unit is currently leased on a "month to month" for $800/mnth plus utilities. The Second floor has two separate units. The larger second floor unit needs remodeling and the basement is unfinished and needs some repair. High visibility with upside potential.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 102102130000
Zoning: C-2 - Commercial District
Retail Clientele: General, Business
Property Visibility: Excellent
Area Description: A lot of development in the area
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Fair
Year Built: 1970
Roof Type: Mansard
Construction/Siding: Brick/Vinyl Siding
Total Parking Spaces: 12
Parking Type: Structure
Parking Description: large parking lot located in the rear of the building
Sprinklers: None
Heat Source: Central
Zoning Description: C-2
Lot Frontage: 73
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,090 115,534 238,243
Median Age: 39.06 37.52 36.57
Households: 5,139 47,227 98,824
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.