Horner Novelty Building

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30258584
Property Subtypes: Convenience Store, Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Post Office, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Other
Status: Pending
Building Size (RSF): 44,107 SF
Gross Land Area: 0.62 Acres
Sale Price: $1,800,000
Unit Price: $40.81 PSF
Ceiling: 12 ft.
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/18/2018

Overview / Comments

Location, Location, Location!!! One of a kind!!! Check out this property’s location on Google Earth! This almost new 44,107 square foot building, was built in 2005, and is located in the Heart of Historic downtown Jeffersonville, with 110 feet of frontage on Spring and 33 feet on Chestnut Street. This building and property are in the center of it all! Only 1 block from The Big Four pedestrian Bridge Ramp, ( 1.5 million visitors per year). Constructed using the finest materials available, Pella energy efficient windows and doors, Carrier A/C units, Reznor Furnaces, a commercial rubber roof, 3-phase wiring, and an Otis elevator... The possibilities are endless for an investor, this property and location would be perfect for a micro hotel, several ground floor retail stores, apartments, condo’s, offices, and since this building was built just over 10 years ago, it sits on Historic Spring Street with the same charm of neighboring buildings built in the 1800’s making this truly one of a kind property with a fantastic location and, endless possibilities!!!

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Clark
Submarket Type: Historic District
Tax ID/APN: 10-19-00-100-177.000-010
Retail Clientele: General, Family, Traveler, Tourist, Recreation
Property Located Between: Maple and Chestnut St
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 22,000 SF
Property Condition: Excellent
Year Built: 2005
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: 1880's fascade recreated
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Wall Units
Air Conditioning: Package Unit
Interior Description: Large open retail space on 1st & 2nd floor w/ 2 smaller retail spaces, 7 dressing rooms, 4 restrooms, 1st & 2nd floor warehouse/back storage and numerous offices.
Zoning Description: Retail commercial
Lot Frontage: 110
Easements: Other
Easements Description: There's a 99 year land lease on parking lot to the left of the building *call agent for details.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,267 113,289 295,734
Median Age: 39.63 36.69 37.54
Households: 3,294 51,359 128,995
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.