J-Town Mixed Use For Sale (Live/Work, Office, Retail, or Multifamily)

Retail-Commercial for Sale
Catylist Listing ID: 30173797
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 3,150 SF
Gross Building Area: See Agent
Gross Land Area: 0.47 Acres
Sale Price: $289,000
Unit Price: $91.75 PSF
Property Use Type: Net Leased Investment (NNN), Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/21/2018

Overview / Comments

Excellent opportunity for an owner-occupant or investor in historic Jeffersontown to acquire a mixed-use property with tremendous potential. This property is ideally situated on Taylorsville Road, a major thoroughfare in East Louisville, with traffic counts north of 25,000 per day. Outstanding opportunity to grow a business in an established, yet growing and thriving community. Currently vacant, the retail space was been previously used as a dance studio for the past 30 years. Spacious and flexible, this property presents a multitude of different use possibilities such as Live/Work, Multifamily, Office and or Mixed Use. Above the retail on the second floor is a nice one bedroom, one bath apartment unit. Could be an excellent live-work opportunity or utilized to generate ancillary income for an operator. Priced below appraised value.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 004504360000
Zoning: C-N - Neighborhood Commercial District
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Located Between: Jefferson and Barkley
Property Visibility: Excellent
Largest Nearby Street: Taylorsville Road
Traffic/Vehicle Count: 25,000
Highway Access: I-264, I-64
Airports: Louisville International Airport
Site Description: Excellent exposure in commercial downtown Jeffersontown district.
Area Description: Downtown Jeffersontown
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 1,575 SF
Property Condition: Average
Year Built: 1880
Year Renovated: 1995
Roof Type: Arched
Construction/Siding: Wood Siding
Total Parking Spaces: 10
Parking Type: Surface
Parking Description: Private parking in rear of property
Heat Type: Other
Air Conditioning: Other
Zoning Description: Commercial Neighborhood
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,843 82,599 216,188
Median Age: 36.89 39.83 39.8
Households: 5,218 33,722 92,162
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.