505 E Dixie Ave - Office/Residential FOR SALE


Elizabethtown, KY 42701
$234,567 USD
270-769-0284
505 E Dixie Ave, Elizabethtown, KY for Sale
$234,567 USD
Office/Residential - FOR SALE
1/8
null | Request Cap Rate

505 E Dixie Ave
Elizabethtown, KY 42701


HIGHLIGHTS

  • ± 1,400 SF retail building – Ideal for Redevelopment as Highway Commercial
  • Existing Billboard Onsite – potential for additional income (currently leased)
  • Zoned C-5 (Downtown Mixed Use) & R-4 (Urban Residential Mixed) – supports a range of commercial and residential uses – perfect for rezoning to new usa

OVERVIEW

Online Auction – Flexible Investment Opportunity – Offered in Two Tracts • Incredible Location for Growth! Dixie Ave only Blocks from Booming Downtown Elizabethtown • Two Tracts offered Individually or in Combination – Flexible Options for Investment or Land Banking • In-Fill Parcels Totaling .841 ac with High Visibility on US 31W • ± 230 feet of Prime Frontage along US Highway 31W, Exceptional Traffic Counts-15,000+/day • ± 1,400 SF retail building – Ideal for Redevelopment as Highway Commercial • Existing Billboard Onsite – potential for additional income (currently leased) • Zoned C-5 (Downtown Mixed Use) & R-4 (Urban Residential Mixed) – supports a range of commercial and residential uses – perfect for rezoning to new usage • Positioned in a High-Traffic Corridor, Commercial Growth Hub in the Path of Progress • Close Proximity to Key Services & High Density Residential – Built in Customer Base – Retail – Restaurant – Service – Government & Entertainment • Mere Blocks from E-Town’s Thriving Central Business District, transforming by the day with new Commercial, Entertainment & Residential Development Asset Advisors, Edward D. Durnil, KY Auctioneer #259408/Broker #187998 10% Buyer's Premium and other terms apply Online bidding ends May 15th at 3:00pm ET Inspection: May 8th at 12:00pm ET Property Address: 505 E. Dixie Avenue, Elizabethtown, KY 42701 Contact Jonathan Curl at 270-734-2595 Price will be determined at auction. Bid your price at auction.

FOR SALE DETAILS

PRICE

$234,567 USD

PRICE/SF

$130 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

C-5 & R4

APN/PARCEL ID

221-30-04-020

ASK ABOUT THIS PROPERTY

Edward DurnilTranzon Asset AdvisorsMore Info
270-769-0284

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Edward DurnilTranzon Asset AdvisorsMore Info
270-769-0284

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