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1545 Berry Blvd
Louisville, KY 40215
Jays Auto Sales Inc. · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Busy street near Churchill Downs and the Watterson Expressway
EXECUTIVE SUMMARY
Motivated sellers! Neighborhood staple for 60 years! Great location, two points of egress.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
4,258 SF
Building Class
C
Year Built/Renovated
1944/2015
Price
$719,000
Price Per SF
$168.86
Cap Rate
16.59%
NOI
$119,280
Business Value
$219,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
0.48 AC
Zoning
C2 - Currently Zoned C2
Frontage
AMENITIES
- Corner Lot
ABOUT 1545 BERRY BLVD , LOUISVILLE, KY 40215
We are pleased to offer this one of kind retail, neighborhood staple! Jays Auto Sales opened in 1963 and is a successful dealership in the Wyandotte area located less than one mile from Churchill Downs and the Watterson Expressway. Helping customers purchase vehicles for decades while also offering buy here, pay here financing. Offering an excellent corner lot location, modern and upscale sales area/customer lounge, offices, with four bays and 2 lifts, a large bathroom complete with shower, everything needed to run a successful auto dealership. There is also rental income! Everything stays! This includes all computers, office furniture, etc. This listing offers a solid cap rate for investors!
PROPERTY TAXES
| Parcel Number | 064E00190000 | Improvements Assessment | $179,880 |
| Land Assessment | $31,470 | Total Assessment | $211,350 |
PROPERTY TAXES
Parcel Number
064E00190000
Land Assessment
$31,470
Improvements Assessment
$179,880
Total Assessment
$211,350
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