Catylist ID:
#30868928
| Catylist Listing ID: | 30868928 |
| Property Subtypes: | Day Care Facility, Free-Standing Building, Mixed Use, Restaurant, Street Retail |
| Building Size (RSF): | 3,100 SF |
| Gross Building Area: | See Agent |
| Sale Price: | $600,000 |
| Unit Price: | $193.55 PSF |
| Property Use Type: | Investment, Vacant/Owner-User, Business |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 5/3/2024 |
Overview / Comments
|
The first floor of this building has been the home of Renaissance By Design for over 28 years and the second floor was rented for office space. The building will be vacant by the end of May 2024. There are dual meters, zoned HVAC, an exceptional oversized garage, large storage cellar and off street parking, a fenced side yard with gazebo too! 1996 - Complete renovation: Gas, Electric, Water, sound system, alarm system, windows, plumbing, HVAC, roof. Gas furnaces, one water heater and stove. 1999-Created parking lot and pad for future garage and 6' iron fence. Around 2001?-Built a two story addition over the Garage increasing the office space to the second floor. 2007-Built the limestone based Gazebo in the side yard. 2015-New Roof 2018-New AC for the second floor. 2019-New Sump Pump and Water Heater. 2022-New UV film on Front Display Windows. _______________________________________________ Potential Uses for Building: Convert second floor to an apartment. It's on a separate meter which includes the garage. Already has a gas line installed in front room (by fake fireplace). Possible to add shower area by the bathroom and add stairs to garage through the storage area in addition giving access to garage and back yard. First Floor with loft has been Retail with office and kitchen. Small restaurant possible with office in loft, showroom seating and outdoor garden area seating with a garden gate entrance. First Floor apartment - share the garden area with second floor. _______________________________________________ 
Notes: Cellar is finished with concrete floor, sump pump, and HVAC ventilation and has been great storage. There is also a locked storage area under the stairs to the second floor on Payne Street side. |
Additional Details
| Nearest MSA: | Louisville/Jefferson County |
| County: | Jefferson |
| Taxing Authority: | Jefferson County |
| Tax ID/APN: | Jnj068CSROW0000 |
| Zoning: | C-N - Neighborhood Commercial District |
| Retail Clientele: | General, Family, Business, Tourist |
| Property Located Between: | Corner of Baxter Avenue and Payne |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Bardstown Road |
| Feet of Frontage: | 40 |
| Tenancy: | Multiple Tenants |
| Total Number of Buildings: | 1 |
| Number of Stories: | 2 |
| Property Condition: | Good |
| Year Built: | 1927 |
| Year Renovated: | 1996 |
| Roof Type: | Gambrel |
| Total Parking Spaces: | 6 |
| Parking Type: | Structure, Surface |
| Parking Description: | Six off Street parking spaces. |
| Sprinklers: | None |
| Heat Type: | Natural Gas |
| Heat Source: | Central |
| Air Conditioning: | Package Unit |
| Internet Access: | Cable |
| Zoning Description: | It is the responsibility of the Buyer(s) to verify that this property is zoned properly for the intended use it was purchased for. |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Easements: | Electric Lines, Utilities |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 14,802 | 126,947 | 316,538 |
| Median Age: | 34.27 | 36.74 | 37.45 |
| Households: | 7,484 | 57,981 | 138,416 |
| © Copyright 2024 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Moody's assume any liability for errors or omissions. |
