2841 N Main St - Flex FOR SALE


Hazard, KY 41701
$469,000 USD
859-229-4447
2841 N Main St, Hazard, KY for Sale
$469,000 USD
Flex - FOR SALE
1/9
null | Request Cap Rate

2841 N Main St
Hazard, KY 41701


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$469,000 USD

PRICE/SF

$25 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1940

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.03

LAND SF

44,867

ZONING

-

APN/PARCEL ID

100-20-02-035.00

ASK ABOUT THIS PROPERTY

E.W. DavidsonDavidson Rental PropertyMore Info
859-229-4447

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E.W. DavidsonDavidson Rental PropertyMore Info
859-229-4447

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.