Absolute Auction Income Producing Commercial/Retail Center

Auction on 04/11/2019 @ 1:00 PM EST
Auction Type: online

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
 Online bidding ends April 11th at 1:00 pm
2802-2818 Crums Lane
Louisville, KY 40216
Tranzon Asset Advisors, Edward D. Durnil, KY Auctioneer/Broker #P1734
10% Buyer's Premium and other terms apply.
Contact Jeff Farmer at 270-268-5315 or jfarmer@tranzon.com for more information.

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