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2015 Payne st
Tell City, IN 47586
Flex Property For Sale

Property Facts

Property Type Flex
Property Subtype Light Distribution
Building Class C
Lot Size 0.85 AC
Rentable Building Area 12,078 SF
No. Stories 1
Year Built/Renovated 1980/1995
Tenancy Single
Zoning C - Commercial

About 2015 PAYNE ST , TELL CITY, IN 47586

The store layout is that of a typical grocery store within a 12,270 sf steel building, with 116 linear feet of freezer space, 40 lf of cooler, 48 lf of package meat display, and 42 lf of refrigerated produce. There is a 20 x 12 back-up freezer. A deli with display case was added in 2005. The 4 checkout lanes use the "abc system." The average weekly sales are $60,000 with an average weekly customer count of 2800. The typical inventory level is approx. $250,000. The grocery property is conveniently located on a 1.12 acre corner lot at the intersection of Payne Street (SR #&) and 20th Street in Tell City. The 26,000 sf blacktop parking lot has plenty of room for 35 cars plus delivery trucks. The parking lot was reinforced with an additional 3" of asphalt about 2003. At the same time, the roof was resealed and painted. Most of equipment is 2008 vintage. *The real estate is included in the asking price; or, it could be leased to the business buyer for $4,000/mo. NNN. There is $250K of inventory at cost included in the asking price.

Property Taxes

Property Taxes

Parcel Number
62-13-29-287-429.001-007
Land Assessment
$146,500
Improvements Assessment
$34,700
Total Assessment
$181,200
  • Listing ID: 11505625

  • Date on Market: 2/6/2018

  • Last Updated:

  • Address: 2015 Payne st, Tell City, IN 47586

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