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10975 Dixie Hwy

5,341 SF Retail Building Walton, KY 41094 $1,200,000 ($225/SF)

Investment Highlights

  • Full service property with lifts and some tools. Next door to established service and tire shop.
  • Massive organic traffic from surrounding neighborhoods and factories.
  • Property has been car dealership for over 25 years.

Executive Summary

Also available for lease. Property has two 12,000 pound lifts. One is a standard type lift and other is a 4 post drive-on lift. Service and tire shop next door. Property was a 20 year buy here pay here dealership and then a 5 year indirect lending dealership. Most recent dealer moved to a larger facility so this property is proof that you can get into the car business and grow. Lot can hold 75 cars.

Attachments

Sale Brochure

Property Facts

Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
5,341 SF
Building Class
C
Year Built
2005
Price
$1,200,000
Price Per SF
$225
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.32 AC
Zoning
C-3 - Commercial Multi-Use: One of the last available C-3's in Boone County!
Parking
75 Spaces (14.04 Spaces per 1,000 SF Leased)
Frontage
232 FT on Dixie Hwy

Amenities

  • 24 Hour Access
  • Corner Lot
  • Pylon Sign
  • Raised Floor
  • Security System
  • Signage
  • Tenant Controlled HVAC
  • Wheelchair Accessible
  • Storage Space
  • Recessed Lighting
  • Air Conditioning
  • Fiber Optic Internet
  • Smoke Detector

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 5,341 SF
  • Retail
  • Outparcel
  • Now

Lease comes with 2 buildings, two 12,000# lifts in a service garage. One lift is a four post drive-on and other is traditional lift but heavy duty. Service bay also has a double stacked drive in garage space behind the lift bays, service garage has high ceiling, AC and furnace for the space and plenty of lighting and power access. Other building is equipped with a restroom and also 5 sales offices. Tire shop next door. Property was a 20 year buy here pay here car dealership and then a 5 year indirect lending dealership. Most recent dealer moved to a larger facility so this property is proof that you can get into the car business and succeed. Lot can hold 75 cars for sale and could hold more if new tenet wants to remove landscaping. Would consider sale, possible available owner financing. $6,500/month.

Space Size Space Use Position Available
1st Floor 5,341 SF Retail Outparcel Now

1st Floor

Size
5,341 SF
Space Use
Retail
Position
Outparcel
Available
Now

1st Floor

Size 5,341 SF
Space Use Retail
Position Outparcel
Available Now

Lease comes with 2 buildings, two 12,000# lifts in a service garage. One lift is a four post drive-on and other is traditional lift but heavy duty. Service bay also has a double stacked drive in garage space behind the lift bays, service garage has high ceiling, AC and furnace for the space and plenty of lighting and power access. Other building is equipped with a restroom and also 5 sales offices. Tire shop next door. Property was a 20 year buy here pay here car dealership and then a 5 year indirect lending dealership. Most recent dealer moved to a larger facility so this property is proof that you can get into the car business and succeed. Lot can hold 75 cars for sale and could hold more if new tenet wants to remove landscaping. Would consider sale, possible available owner financing. $6,500/month.

Nearby Major Retailers

Triple Crown Crossfit
United Rentals
Skyline Chili
Truist
Waffle House
Fifth Third Bank
Huntington National Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
075.00-00-076.00
Land Assessment
$250,000
Improvements Assessment
$735,000
Total Assessment
$985,000
  • Listing ID: 33223126

  • Date on Market: 9/18/2024

  • Last Updated:

  • Address: 10975 Dixie Hwy, Walton, KY 41094

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