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2841 N Main St 18,800 SF Flex Building Hazard, KY 41701 $469,000 ($24.95/SF) 6.50% Cap Rate
Investment Highlights
- Mixed-use investment
- Ample parking
- Value-add opportunities
Executive Summary
Mixed use investment property, ~2 miles from downtown. Ground floor retail, office and warehouse spaces. Second floor (6) residential apartments are all leased. Units range from 1 bd to 3 bd. New roof with transferable warranty. Currently operating at a 6-7% Cap Rate with one vacancy in the warehouse space. Fully leased is 10+% Cap Rate - plus value-add opportunities that aren't currently utilized: unfinished basement with drive in access, large back lot for truck parking, storage, etc. FSBO open to reasonable offers, serious inquiries only.
Property Facts
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Warehouse area with (2) 12'x12' overhead doors, office space and bathroom. Large back lot for truck parking, storage, etc. Available to lease for ~$1500/mo negotiable based on term of lease.
| Space | Size | Space Use | Condition | Available |
| 1st Fl - 103 | 4,000 SF | Flex | Full Build-Out | Now |
1st Fl - 103
| Size |
| 4,000 SF |
| Space Use |
| Flex |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl - 103
| Size | 4,000 SF |
| Space Use | Flex |
| Condition | Full Build-Out |
| Available | Now |
Warehouse area with (2) 12'x12' overhead doors, office space and bathroom. Large back lot for truck parking, storage, etc. Available to lease for ~$1500/mo negotiable based on term of lease.
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Property Taxes
| Parcel Number | 100-20-02-035.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $130,000 |
Property Taxes
Parcel Number
100-20-02-035.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$130,000
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Davidson Rental Property
2841 N Main St
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