.89 Acre - Corner of 2nd & Market St

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 29969641
Property Subtypes: Car Wash, Convenience Store, Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Movie Theatre, Parking Facility, Post Office, Restaurant, Retail-Pad, Service Station/Gas Station, Street Retail, Tavern/Bar/Nightclub, Vehicle Related, Other
Status: Pending
Building Size (RSF): 7,026 SF
Gross Building Area: See Agent
Gross Land Area: 0.89 Acres
Sale Price: $7,000,000
Unit Price: $996.30 PSF
In Opportunity Zone? Yes
Property Use Type: Business
Building Name: Action Loan Property
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/1/2019

Overview / Comments

Prime downtown property with endless possibilities. Property located at the corner of West Market and 2nd Street currently known as Action Loans with approximately 7000+ sq ft and also includes the adjoined Saffron and Subway locations with an additional 7000 sq ft and 3600 sq ft basement and both currently under lease.

Currently zoned as C-3, the property is conveniently located to all expressways and within walking distance to hotels, dining, nightlife, convention center and the scenic river front. There are 62 parking spaces with access from both Market and 2nd Street.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 017A01430000
Zoning: C-3 - Commercial District
Retail Clientele: General, Business, Tourist, Convention
Property Located Between: 1st & 2nd St
Property Visibility: Excellent
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 2
Property Condition: Good
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,764 131,815 304,435
Median Age: 32.6 35.39 37.13
Households: 5,723 58,219 131,574
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.