Modernized Retail Building

Retail-Commercial for Sale
Also listed as Office
Catylist Listing ID: 30873098
Property Subtypes: Free-Standing Building, Street Retail
Building Size (RSF): 8,000 SF
Gross Building Area: See Agent
Sale Price: $1,600,000
Unit Price: $200 PSF
Property Use Type: Vacant/Owner-User
Usable Size (USF): 8,000 SF
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 8/11/2024

Overview / Comments

- Beautiful, free-standing commercial building in the heart of Richmond
- High visibility from elevated position on Commercial Drive along the Eastern Bypass
- Complete renovation in 2023, new facade, roof, and insulated drywall
- Now in shell condition ready for tenant customization
- Electric, HVAC, and plumbing stub ups
- Rendering reflects ongoing facade renovation, and project was completed in 2023.

This listing is also available for lease at $15.00 PSF + NNN.

Attachments & Media

Additional Details

Nearest MSA: Richmond-Berea
County: Madison
Tax ID/APN: R012-0005-0074-A
Zoning: COMMERCIAL
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Located Between: Commercial Drive and Eastern Bypass in Richmond, KY
Property Visibility: Excellent
Largest Nearby Street: Eastern Bypass
Highway Access: Eastern Bypass
Area Description: Ideally located in the heart of Richmond's Bypass corridor, near Highway 52 with surrounding high density retail and residential.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Renovated: 2023
Parking Type: Surface
Zoning Description: Commercial

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,170 30,865 45,224
Median Age: 31.47 31.19 33.43
Households: 1,951 12,019 17,712

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