604 & 610 16th St

Retail-Commercial for Sale
Catylist Listing ID: 30811031
Property Subtypes: Car Wash, Convenience Store, Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Parking Facility, Post Office, Restaurant, Retail-Pad, Service Station/Gas Station, Street Retail, Tavern/Bar/Nightclub, Vehicle Related, Other
Building Size (RSF): 1,043 SF
Gross Land Area: 0.65 Acres
Sale Price: $150,000
Unit Price: $143.82 PSF
Ceiling: 14 ft.
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/8/2023

Overview / Comments

Lots not available separately. Sale includes the following Properties:

604 16th St.- Development Lot
Parcel #: 47-06-24-238-010.000-010

610 16th St.- Single-Family dwelling with tenants. Rent collected week to week. Built 1920, C-1 grade, 1,043 SF. 2 BR/1 Bath, Kitchen, Living room.
Parcel #: 47-06-24-238-014.000-010

1624 G St.- Development Lot
Parcel #: 47-06-24-234-007.000-010

Additional Details

Nearest MSA: Bedford
County: Lawrence
Tax ID/APN: 47-06-24-238-014.000-010
Zoning: B-3
Property Located Between: G St. and F St.
Property Visibility: Excellent
Largest Nearby Street: 16th St.
Highway Access: I-69/HWY-37 less than two miles away
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1920
Roof Type: Gable
Construction/Siding: Wood Frame
Total Parking Spaces: 2
Parking Type: Surface
Parking Description: Drive-way to current single-family dwelling. Other lots vacant.
Zoning Description: B-2 Central Business District. The Central Business District is established to provide for the special needs of the downtown business area of the city, by waiving certain requirements in regard to parking, building setbacks, and the like, which are necessary in other commercial districts. See attached docs for approved uses.
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress, Utilities
Legal Description: SEC 24 TWP 5 R1W 52 X 173 NW LOWERYS PT S 1/2 LOT 4 LOWERYS N 1/2 LOT 4 47 X 100 47 X 160 SEC 24 TWP 5 R1W; .159A 54 X 129

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,600 15,655 24,090
Median Age: 39.6 41.95 41.68
Households: 1,971 6,753 10,059
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