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    229 Churchill Drive

    Richmond, KY 40475
    • $400,000
    • STATUS: Active
    • ON SITE: 328 days
    • MLS #: 20017053
    UPDATED: 63 min ago
    $400,000
    • 0
      BEDS
    • 0.36
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,528
      SQFT
    • $72
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    Well maintained office building available for Sale that presents an ideal opportunity for an Owner/User to own & operate, while generating rental income through sale/partial leaseback + offering additional vacancies for lease-Ideal for real estate office, medical office, daycare, veterinary clinic, etc. -Sale/Partial Lease Back Opportunity: Seller is looking to lease the walk out ground floor suite that they currently occupy (1,237 SF) for a period of 2 years (negotiable) upon closing -Value-add opportunity through finishing the portion of the 2nd floor that is currently unfinished -The building consists of 5,528 total SF, with a 1,237 SF basement, 2,966 SF on the first level, and 1,323 SF on the second level -Basement Level: Occupied by Owner and consists of three private offices and a bathroom-First Level: 8 offices, a conference room, copy room, storage area, and three bathrooms. -Second Level: Split up into two sections, one of which is unfinished and the finished section consists of 3 offices, a conference room, kitchenette, and 2 bathrooms-There are multiple ingress/egress points making the building easily divisible for multiple tenants

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    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 The Lane Team | Bluegrass Sotheby's International Realty 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.laneteamky.com/homes/109783199
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    229 Churchill Drive Richmond, KY 40475

    • Price: $400,000
    • Status: Active
    • Updated: 63 min ago
    • MLS #: 20017053
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.36
    Acres
    5,528
    SQFT
    $72
    $/SQFT
    Neighborhood:
    Bluegrass Jct
    County:
    Madison
    Area:
    Madison County
    Property Description
    Well maintained office building available for Sale that presents an ideal opportunity for an Owner/User to own & operate, while generating rental income through sale/partial leaseback + offering additional vacancies for lease-Ideal for real estate office, medical office, daycare, veterinary clinic, etc. -Sale/Partial Lease Back Opportunity: Seller is looking to lease the walk out ground floor suite that they currently occupy (1,237 SF) for a period of 2 years (negotiable) upon closing -Value-add opportunity through finishing the portion of the 2nd floor that is currently unfinished -The building consists of 5,528 total SF, with a 1,237 SF basement, 2,966 SF on the first level, and 1,323 SF on the second level -Basement Level: Occupied by Owner and consists of three private offices and a bathroom-First Level: 8 offices, a conference room, copy room, storage area, and three bathrooms. -Second Level: Split up into two sections, one of which is unfinished and the finished section consists of 3 offices, a conference room, kitchenette, and 2 bathrooms-There are multiple ingress/egress points making the building easily divisible for multiple tenants
    Exterior Features

    Construction Materials Brick Docks None Parking 11 - 20 Spaces Stories Three

    Interior Features

    Building Square Footage 5528 Ceiling Dropped Floor Type Partially CarpetedTile/Brick Leasable Square Footage 5528

    Property Features

    Business Type Professional/Office Current Zoning B-3 Hwy Business Dist. Electricity Phase Single Miscellaneous Features Air ConditioningHot Water HeaterSecurity Alarm Possession Negotiable Potential Zoning Multi-Family Residential Sale Lease Includes BuildingsLand Sewer Public Sewer Tax Rate $11.5072 Per $1000 Terms Sale Utilities Telephone

    Listing provided courtesy of Dianna C Ackerman of Era Professional Hometown Services. Listing information © 2021 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 The Lane Team | Bluegrass Sotheby's International Realty 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.
     
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    The Lane Team | Bluegrass Sotheby's International Realty
    1999 Richmond Rd., Ste. 400
    Lexington KY, 40502