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Absolute Auction Income Producing Commercial/Retail Center Auction
Description:

This income producing property provides immediate income from five tenants with four additional tenant spaces available for lease. Easy access from Crums Lane and Cheviot Drive, as well as full access from S. Crums Lane. Zoning is C-1 Commercial. Current improvements include two commercial/retail structures providing a total of 9 defined tenant spaces. All tenant spaces are metered separately for electric and gas.


Commercial/Retail income producing property comprised of two parcels
Intersection of Crums Lane and Cheviot Drive
Average Daily Traffic 10,000+/- at the intersection
Approx. 2.25 AC’s or 98,145.04 SF of land
Approximately 125’ frontage on Crums Lane and 115’ frontage on Cheviot Drive as well as access off of S. Crums Lane
Zoning: C-1 Commercial
Topography: Grade level
Utilities:
Electricity: On Site
Water/Sewer: On Site
Flood Hazard: Zone “X”, outside the 100-year flood plain according to FEMA Flood Map
Building Type: Block and frame construction, slab on grade, partial 2 story
Upside potential on current rents and vacant spaces available for lease

Tranzon Asset Advisors, Edward D. Durnil, KY Auctioneer/Broker #P1734
10% Buyers Premium and other terms apply.
Contact Jeff Farmer at 270-268-5315 or jfarmer@tranzon.com for more information.

City:
Louisville
State:
Kentucky
Country:
United States
Phone:
2702685315
Website:
Photos:
Online Absolute Auction! Immediate Liquidation! Auction
Description:

Online Absolute Auction! Immediate Liquidation!

Retail/Commercial Development Potential is prime for this signaled corner lot with 50,000+/- Average Daily Traffic

DON’T MISS THIS OPPORTUNITY TO BUY UNDER MARKET VALUE!!!

This corner lot has frontage on Dixie Hwy and Stonestreet Road, providing excellent visibility in a busy intersection. Zoning is C-2 Commercial. Current improvements provide a modular office and garage/storage building for immediate income opportunity while seeking out the best redevelopment opportunity to maximize return on investment.

• Signaled Corner Lot comprised of three parcels
• Intersection of Dixie Hwy, Johnstontown Road and Stonestreet Road
• Average Daily Traffic 50,000+/- at the intersection
• Approx. 1.231 AC’s or 53,609.94 SF of land – per Survey
• Approximately 281’ frontage on Dixie Hwy and 141’ frontage on Stonestreet Road
• Zoning: C-2 Commercial
• Topography: Grade level
• Utilities:
• Electricity: On Site
o Water/Sewer: On Site
• Flood Hazard: Zone “X”, outside the 100-year flood plain according to FEMA Flood Map
• Building Type: Modular and block garage/storage building – frame house to be demolished prior to auction date.
• Highest and Best Value is redevelopment of the signaled corner lot

Online bidding ends April 11th at 1:30 pm
Tranzon Asset Advisors, Edward D. Durnil, KY Auctioneer/Broker #P1734
10% Buyers Premium and other terms apply.
Contact Jeff Farmer at 270-268-5315 or jfarmer@tranzon.com for more information.

9207-9209 Dixie Highway
Louisville, KY 40272

City:
Louisville
State:
Kentucky
Country:
United States
Phone:
2707690284
Website:
Photos:
( none )
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