4016 Dixie Hwy, Erlanger, KY for Sale
Restaurant - FOR SALE
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4016 Dixie Hwy
Erlanger, KY 41018


OVERVIEW

Corporate Surplus - Former Franchise Rest. | Prime Loc., Erlanger, KY Sited East of Florence along Dixie Highway this +/-6,423 square foot former franchise restaurant is ideal for continued use as a restaurant, retail or other commercial enterprise that would benefit. All subject to county approval. Features Include: Traffic Counts: Dixie Highway +/- 24,000 VPD Situated on a combined total ±1.46-acre lot, currently sectioned to provide parking for 74 standard spaces and 2 designated handicap spots- designed for a variety of different uses. The property centered within Florance and Crestview Hills offers a large quantity of consumers, short commutes to I-71/I-275, and within a thriving business community. Equipped with commercial food service equipment with three stainless-steel prep stations, flat top grill, four commercial mixers, press grill grease transferring systems and full ventilation over each cooking station. Features two walk-in freezer/refrigerator units (one large and one medium), each equipped with multiple reach-in doors. Currently zoned NC - Neighborhood Commercial Zone, under Kenton County Planning and Development. Allowing for a range of permitted uses such as restaurants, professional office space, financial institutions, service businesses and other commercial developments. Important Notice: Seller is aware of a water line rupture under the pavement in the vicinity of the drive-through. Seller has received an $11,288.00 quote to make this repair. Seller will credit this amount to Buyer at settlement. See the Property Information Package for the complete repair quote. Parcel ID: 003-40-10-085.00 & 003-40-10-084.00 2024 Kenton County Tax Market Value: $1,490,500 2024 Annual Taxes: $20,628.21 Tranzon Asset Advisors, Edward D. Durnil, KY Auctioneer/Broker #P1734

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

70

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

Commercial

APN/PARCEL ID

003-40-10-084.00,003-40-10-085.00

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Linda TerryTranzon KeyMore Info

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