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8218 US Highway 42 8,250 SF Retail Building Florence, KY 41042 $950,000 ($115.15/SF)
Investment Highlights
- 8,250 SF BUILDING AVAILABLE Includes a showroom, one office, two restrooms, and flexible space w/ high visibility poly sign & message board.
- Free standing & convertible, can be converted to non-automotive use for a wide range of owner/user operations.
- Highly visible, located at US 42 and Mall Road, a signalized commercial intersection. Just 1/2 mile from I-75/I-71
Executive Summary
Rare opportunity to acquire a freestanding retail/flex building with fee-simple real estate ownership at the highly visible intersection of US 42 and Mall Road in Florence, Kentucky. The building includes a showroom, one office, two restrooms, storage, and 7 drive-in doors with flexibility to reposition for a wide range of owner/user or investment uses! The property is ideally positioned at US 42 and Mall Road, a primary commercial intersection with excellent visibility, signage, and dual curb-cut ingress/egress. The corridor carries up to ~58,260 vehicles per day near the site and sits just 1/2 mile from the I-75/I-71 interchange, making it a durable, service-oriented location.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,250 SF
Building Class
B
Year Built
1970
Price
$950,000
Price Per SF
$115.15
Tenancy
Single
Building Height
1 Story
Building FAR
0.43
Lot Size
0.44 AC
Frontage
123’ on US 42 Hwy
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
- Storage Space
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 062.00-09-004.01 | Improvements Assessment | $703,400 |
| Land Assessment | $150,000 | Total Assessment | $853,400 |
Property Taxes
Parcel Number
062.00-09-004.01
Land Assessment
$150,000
Improvements Assessment
$703,400
Total Assessment
$853,400
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8218 US Highway 42
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