Eric Hibbs - Coldwell Banker McMahan
198 E Court St
Lawrenceburg, KY 40342

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.

Details

MLS#1609490
Sub-TypeResale
StatusActive
Year0
Days On Site830

Features

SQ Feet5,500
Story(s)2
ZoningCommercial

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Area Information

StateKY
CountyAnderson
CityLawrenceburg
Zip Code40342
AreaAnderson County
Listing VS Median (in 40342)
Price:
$245,000
low | high
Med:
$68,500
100% of Average
SqFt:
5,500
low | high
Med:
0
100% of Average
$ / SqFt:
$45
low | high
Med:
$0
100% of Average
On Site:
830
low | high
Med:
476
100% of Average
Listing Updated: 08/13/2018
MLS Number: 1609490
Listing Provided By:
Al Peach  of  Peach Real Estate