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107 Waterford Dr. 107 Waterford Dr

1,023 SF Office Building Oak Grove, KY 42262 $435,000 ($425/SF) 8.26% Cap Rate

Investment Highlights

  • R3 Zoning, Grandfathered B2 Zoning,
  • Lease front for $1250mo-$1500mo, buildout rear building for $1500mo income
  • ADA Compliant, could lease the front building to office tenant

Executive Summary

KW Commercial | Clarksville is pleased to exclusively present a rare investment offering grandfathered B2 Zoning office space 1036sf- 3 full size offices, wifh sliding window, 2 full bathrooms. Full kitchen and washer dryer set up. The Location has Handicap accessible ramp with entry to the right side, and entire lot has been concreted for ease of use. Full drive around, and Additional building located in the back with 3 car garage pull ups, and the third door converted into more office areas. 3/4 additional rooms and a full size bath, Hvac, plumbing, and also electric has been connected. Traffic count near by on fort Campbell has 37k and other end shows 26k cars
Special Terms: Building in the rear has not been completed due to having listed for sale. It could be finished out once contractor is free, and current vehicle, storage items to be moved prior to sale.
Offering a 30k Seller Concessions towards buildout on rear building
Interactive 360 property viewer.
https://jameschurchrealtor.viewin360.co/share/53nZR?logo=1&info=0&fs=1&vr=1&sd=1&initload=0&thumbs=1

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
1,023 SF
Building Class
C
Year Built/Renovated
1997/2019
Price
$435,000
Price Per SF
$425
Cap Rate
8.26%
NOI
$35,940
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,023 SF
Building FAR
0.04
Lot Size
0.66 AC
Zoning
B-2 - R3, but Grandfathered from B-2 Commerical Zoning

Amenities

  • Controlled Access
  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector
  • Listing ID: 32554797

  • Date on Market: 7/23/2024

  • Last Updated:

  • Address: 107 Waterford Dr, Oak Grove, KY 42262

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