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$1,850,000
Est. payment /mo
1,872 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,872 sqft
Price per Sqft $988
Subdivision Black Oak Industrial Park
MLS Listing ID RA20265732
Year Built 2026
Lot Size 1.020 Acres
Acres 1.02
Property Sub-Type Commercial
Property Description
Excellent investment opportunity with this new-construction, fully leased contractor's garage complex featuring six versatile light-industrial units. The property offers 11,280 SF of total space and is currently generating $12,000 per month in rental income, with each unit leasing for $2,000/month. With a 7% cap rate, this property provides immediate income potential in a highly desirable location. Each of the six units features approximately 1,880 SF, including 312 SF of finished office space with a restroom and 1,568 SF of warehouse space. The warehouse areas offer 14-foot clearance heights and are heated and cooled, providing comfortable, functional space for contractors, trades, service businesses, storage, and a variety of light-industrial uses. Conveniently located less than one mile from the National Corvette Museum and NCM Motorsports Park and approximately one mile from Interstate 65, this property offers excellent accessibility and visibility within a growing commercial area. Light Industrial zoning provides flexibility for a range of business uses. All six units have the option of being condos and sold separately in the future.
Location
State KY
County Warren
Area Bg East
Interior
Interior Features Finished, Office Space
Heating Central
Flooring Concrete
Exterior
Exterior Feature Metal
Utilities Available 880 V Electric
Amenities Available Exterior Lighting, Restroom-Private, Storage-Inside
Roof Type Metal
Total Parking Spaces 30
Building
Story 1
Foundation Slab
Water County
Others
Tax ID 051A-0 6-024D
Miscellaneous Inside Storage,Shop Restrooms,Utilities/Separate Meter,Warehouse Storage
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Listed by Coldwell Banker Legacy Group
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