7508 Preston Hwy - Fast Food FOR SALE


Louisville, KY 40219- Okolona
$699,999 USD
7508 Preston Hwy, Louisville, KY for Sale
$699,999 USD
Fast Food - FOR SALE
1/17
null | Request Cap Rate

7508 Preston Hwy
Louisville, KY 40219
Okolona


HIGHLIGHTS

  • Former barbecue restaurant with a fully-equipped kitchen with walk-in freezer, three commercial smokers, and complete back- and front-line setup.
  • Rapid retail and multifamily apartment development in the immediate neighborhood; a high-traffic area with direct expressway access.
  • Divisible layout offers flexible tenant or user configurations/ strong redevelopment potential for multiple retail or commercial uses.
  • Seller is highly motivated to sell the property, inquire today to schedule a tour and learn more about this multi-use opportunity.

OVERVIEW

7508 Preston Highway offers a multi-use retail property for sale in Louisville, Kentucky. The space is vacant, and the former restaurant business is not included in this offering. The property is highly negotiable, and any leftover equipment from the prior operation can be included if the buyer desires. Equipment available includes a full kitchen setup with a walk-in cooler/freezer (25 by 12 feet), an additional Bally walk-in cooler/freezer located outside near the kitchen, and three Southern Pride smokers in very good condition. Located on a busy, highly visible corridor, the building offers flexible opportunities. The space is easily divisible, making it an attractive option for redevelopment or conversion to different retail uses. Existing infrastructure may be retained or cleared to suit the buyer’s vision. There are three signs available to the buyer, providing great curb appeal for the business that operates out of this location. This is a versatile site with significant adaptability for new concepts, redevelopment, or continued food-service use. Everything is open to discussion.

FOR SALE DETAILS

PRICE

$699,999 USD

PRICE/SF

$171 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Multi-Use Property | Former BBQ Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,297 SF

ZONING

C1

APN/PARCEL ID

074801180000

ASK ABOUT THIS PROPERTY

Ashley BurnettUnited Real EstateMore Info

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