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2841 N Main St 18,800 SF Flex Building Hazard, KY 41701 $449,000 ($23.88/SF) 11% Cap Rate
Investment Highlights
- Mixed-use investment
- Ample parking
- Value-add opportunities
Executive Summary
Reduced Price! 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
Utilities
- Lighting
- Gas - Natural
- Water - City
- Sewer - City
- Heating
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100
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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Presented by
Davidson Rental Property
2841 N Main St
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