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1305 Seaton Ave 28,000 SF Industrial Building Greenup, KY 41144 $1,300,000 ($46.43/SF)
Investment Highlights
- Offering 4.53 acres
- Well-known Kinner Lumber operation for many years, this versatile property is ideally suited for a wide range of commercial, retail, distribution
- For buyers interested in continuing a successful, long-established business, the operating business may be purchased separately
Executive Summary
Exceptional commercial property offering @4.53 acres in a highly visible and accessible location on US 23 in Greenup, Kentucky. Home to the well-known Kinner Lumber operation for many years, this versatile property is ideally suited for a wide range of commercial, retail, distribution, service-related businesses. The main retail building features approx. 8400 sq. ft. including 3 private offices, 5 restrooms, and a spacious break room/kitchen. Attached to the retail space is @14,000 sq. ft. of warehouse with an additional break room and bath. A separate 5,600 sq. ft. building currently operates as a woodworking shop offering additional flexibility for fabrication, specialty trades, or expansion opportunities. The property also includes multiple open storage sheds, several with 2 level storage capabilities, large lay-down yard space and fencing. Strategically located with direct frontage on US 23 and convenient access to the Industrial Parkway, Route 1, Route 2, and the AA Highway, this property provides outstanding connectivity. Whether you're seeking a new location for your growing business, an investment opportunity, or a turnkey operation, this property delivers unmatched potential. For buyers interested in continuing a successful, long-established business, the operating business may be purchased separately. The listing is for the real estate only. With its combination of acreage, buildings, infrastructure, location, and flexibility, opportunities like this are rare. Let's discuss how this property can be tailored to meet your business goals.
Property Facts
| Price | $1,300,000 | Rentable Building Area | 28,000 SF |
| Price Per SF | $46.43 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1968 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 0.71/1,000 SF |
| Building Class | B | Opportunity Zone |
Yes
|
| Lot Size | 5.09 AC |
| Price | $1,300,000 |
| Price Per SF | $46.43 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 5.09 AC |
| Rentable Building Area | 28,000 SF |
| No. Stories | 1 |
| Year Built | 1968 |
| Tenancy | Single |
| Parking Ratio | 0.71/1,000 SF |
| Opportunity Zone |
Yes |
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
Do it Best began as Hardware Wholesalers, Inc. in 1945, when Arnold Gerberding and a group of independent hardware and building materials dealers formed a cooperative. The company operates as a member-owned buying cooperative focused on hardware, lumber, building materials, and home improvement merchandise for independent retailers. Product coverage spans tools, lawn and garden goods, apparel, and other home improvement categories sold through member stores and online channels. Do it Best has also expanded through rebranding and merger activity while continuing to support a broad network of home improvement businesses.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 148-20-04-004.00 | Improvements Assessment | $269,200 |
| Land Assessment | $100,000 | Total Assessment | $369,200 |
Property Taxes
Parcel Number
148-20-04-004.00
Land Assessment
$100,000
Improvements Assessment
$269,200
Total Assessment
$369,200
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1305 Seaton Ave
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