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Leaseholder Interest in an Operating C-Store
405 North Morgan Street, Morganfield, KY 42437
2,700 SF | Retail
Retail Property - Off Market
- Building Size:
- 2,700 SF
- Property Type:
- Property Sub-type:
- Service/Gas Station
- Additional Sub-types:
- Free Standing Bldg
- Street Retail
- Vehicle Related
- Property Use Type:
- Year Built:
- Listing ID
- Last Updated
- over 1 year ago
LENDER ORDERED AUCTION: Wednesday, September 21, 2005 @ 2:00 p.m.
Fantastic C-Store property situated on 0.6740 +/- acres. The store, built in 1995, is 2,700 +/- square feet and has a 3,564 +/- square foot canopy that covers 4 Double Sided Multi-Product Dispensers. The asphalt parking lot has 12 parking spaces, 1 of which is signed handicapped. The property has a drive thru window and a sit down restaurant area for possible fast food addition. There is also a kitchen range hood with fire suppression piping. The C-Store has 2 restrooms and a workroom/office area. The property offers easy access at a traffic light and has 3 drive way cuts. The C-Store has also recently begun selling beer/wine.
The property is currently zoned B-2 Secondary Business District.
The station has a 2001 traffic count in the amount of 10,765 at station A-23 at a point between Kentucky 7 and Broadway.
*Please note that this auction is for the lease interest in the business only, there is no real estate involved.
From US-41: Take exit 81B and merge on US-60 West. Travel approximately 23.9 miles to property.
Map of 405 North Morgan Street, Morganfield, KY 42437 (Union County)
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The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-P