9123 US Highway 62 - Storefront FOR SALE


Calvert City, KY 42029
$679,000 USD
770-664-9999
9123 US Highway 62, Calvert City, KY for Sale
$679,000 USD
Storefront - FOR SALE
1/6
null | Request Cap Rate

9123 US Highway 62
Calvert City, KY 42029


HIGHLIGHTS

  • In 2023 when the business was owner-operated, the grocery store generated an average sales of $142,357 per MONTH!
  • Average traffic count of 7,295 vehicles passing by the location each day!
  • Strategically located minutes from I-24 and I-69, ensuring excellent regional connectivity.

OVERVIEW

In 2023 when the business was owner-operated, the grocery store generated an average sales of $142,357 per MONTH! Seller purchased the property in order to obtain an E2 visa from Canada. However, the Seller was not able to hire a butcher to work there because the previous seller was working as the butcher himself. Due to religious reasons, the Seller did not want to cut the meat himself. After shutting down the butcher's section of the grocery store, the sales started to decline. At the same time, the Seller's family decided to not stay in the U.S and chose to move back to Canada. Seller recently shut down the business and has returned to Canada. Huge opportunity to resume the business and get it back to over $140,000 in monthly sales! Property is 1.17 acres! Property includes Three Buildings! The Grocery Store Building, a Mechanic Shop building, as well as a separate third building. The Grocery Store Building has an additional retail space that may be converted to a smoke shop!

FOR SALE DETAILS

PRICE

$679,000 USD

PRICE/SF

$45 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Shutdown Grocery Store w/ Property in Calvert

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Supermarket, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.2 AC

LAND SF

52,272 SF

ZONING

-

APN/PARCEL ID

PT-02-00-077.00C000

ASK ABOUT THIS PROPERTY

Kavita PurohitRiver BrokersMore Info
770-664-9999

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Kavita PurohitRiver BrokersMore Info
770-664-9999

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