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702 S Dixie Hwy 2,040 SF Retail Building Muldraugh, KY 40155 $395,000 ($193.63/SF) 7.85% Cap Rate
Investment Highlights
- Tiple Net (NNN) investment deal available for sale!
Executive Summary
Commercial, allows for a wide range of office, retail, restaurant, or commercial business use. No "Adult" or "XXX" businesses. Highly visible, high traffic count, free standing. Many possibilities.
Property is not yet vacant - please do not interrupt business during business hours.
Interior is currently configured as former dine-in restaurant.
New roof - 9/2024
Property is not yet vacant - please do not interrupt business during business hours.
Interior is currently configured as former dine-in restaurant.
New roof - 9/2024
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,040 SF
Building Class
C
Year Built/Renovated
1984/2015
Price
$395,000
Price Per SF
$193.63
Cap Rate
7.85%
NOI
$31,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.42 AC
Zoning
C-1 - COMMERCIAL, ALLOWS FOR A WIDE RANGE OF OFFICE, RETAIL, RESTAURANT, OR COMMERCIAL BUSINESS USE. NO "ADULT" OR "XXX" BUSINESSES.
Parking
22 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
89’ on Dixie Highway
Amenities
- Signage
Property Taxes
| Parcel Number | 174-30-00-016 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $200,000 |
Property Taxes
Parcel Number
174-30-00-016
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$200,000
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702 S Dixie Hwy
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