198 E Court Street

    Lawrenceburg, KY 40342
    • $245,000
    • STATUS: Active
    • ON SITE: 745 days
    • MLS #: 1609490
    UPDATED: 219 min ago
    $245,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,500
      SQFT
    • $45
      $/SQFT
    Neighborhood:
    Downtown
    Type:
    Commercial
    County:
    Anderson
    Area:
    Anderson County

    School Ratings & Info

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    Description

    Beautiful rock front building. Great opportunity for investor. Completely remodeled in 1995. New HVAC, new electric, new drywall, and insulated throughout. Multiple loyal tenants including some for nearly 20 years. Located perfectly in the middle of downtown Lawrenceburg just off Main Street beside the Courthouse. Leases provide for 2.5% annual increase. 95% of space in the building is presently rented.. Income is currently $50,000 per year. Check out this great investment opportunity.

    Monthly Payment Calculator

    The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than Better Homes and Garden Real Estate Cypress are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.
    www.lexingtonkyhomesearch.com/homes/62404314

    198 E Court Street Lawrenceburg, KY 40342

    • Price: $245,000
    • Status: Active
    • Updated: 219 min ago
    • MLS #: 1609490
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    5,500
    SQFT
    $45
    $/SQFT
    Neighborhood:
    Downtown
    County:
    Anderson
    Area:
    Anderson County
    Property Description
    Beautiful rock front building. Great opportunity for investor. Completely remodeled in 1995. New HVAC, new electric, new drywall, and insulated throughout. Multiple loyal tenants including some for nearly 20 years. Located perfectly in the middle of downtown Lawrenceburg just off Main Street beside the Courthouse. Leases provide for 2.5% annual increase. 95% of space in the building is presently rented.. Income is currently $50,000 per year. Check out this great investment opportunity.
    Exterior Features

    Construction StoneBlock Dock Doors 0 Docks None Drive In Doors 0 Lot Expansion Sq Ft 0 Parking 36 - 55 SpacesOff SitePaved Roof Type Shingle Stories Two

    Interior Features

    Ceiling DroppedDrywall Elevator Capacity 0 Flooring WoodPartially CarpetedOther Floors Serviced 0 Miscellaneous Air Conditioning100/200 AmpHot Water Heater Restrooms Mens 2 Restrooms Womens 2 Sq Ft Building 0 Sq Ft Common Area 0 Sq Ft Gross Leasable 0 Sq Ft Office 0 Sq Ft Retail 0 Sq Ft Warehouse 0 Water Heater Size 0

    Property Features

    Adv License And Permit 0 Annual Rent 0 Building Expansion Sq Ft 0 Cash Flow Before Tax 0 Ceiling Height 0 Credit Losses And Vacancy 0 Current Zoning Commercial Electric 1800 Elevator Services 0 Exchange Will Consider Fuel Expense 1920 Gas Pipe Size 0 Gross Operating Income 0 Gross Scheduled Rent Income 0 Janitorial Services 1600 Land Lease 0 Lawn Services 0 Lease Type Mixed Less Operating Expense 0 Net Operating Income 0 Occupancy 0 Occupant Type Tenant Other Income 0 Payroll 0 Personal Property Taxes 1598 Possession Close Of Escrow Property Insurance 1027 Property Management 0 Property Subtype1 Office Property Subtype2 Mixed Use Real Estate Taxes 0 Repairs And Maintenance 0 Rubbish Services 564 Sale Or Lease Includes BuildingsLandFixtures Sewer Sewer Connected Sewer And Water 420 Sprinklers None Tax Rate 1.161 Telephone 0 Tenant Pays Other Terms Sale Total Annual Debt Service 0 Total Gross Income 28000 Total Operating Expense 0 Utilities On Site Electricity AvailableNatural Gas AvailableWater AvailableTelephone Water Pipe Size 0 Year Built Exception Unknown

    Listing provided courtesy of Al Peach of Peach Real Estate. Listing information © 2018 LBAR Multiple Listing Service. All rights reserved.
    The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than Better Homes and Garden Real Estate Cypress are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.
     
    Better Homes and Garden Real Estate Cypress
    3221 Summit Square Place, Ste 200
    Lexington KY, 40590