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Plaza East 112-130 US Highway 66 E

30,185 SF 59% Leased Retail Building Tell City, IN 47586 $1,050,000 ($35/SF) 4.22% Cap Rate

Storefront Properties Indiana Tell City 112-130 US Highway 66 E, Tell City, IN 47586

INVESTMENT HIGHLIGHTS

  • Situated along US Highway 66 with heavy traffic count of over 18K.

EXECUTIVE SUMMARY

30,185 Square Feet of Redevelopment Opportunity. $35 Price Per Square Foot versus $250/SF Replacement Value. 40% Current Vacancy Upside. Rugged Standing-Seam Roof | Very Good Condition. Just 30 Miles from Owensboro KY | +60K Population.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
30,185 SF
Building Class
C
Year Built
1978
Price
$1,050,000
Price Per SF
$35
Cap Rate
4.22%
NOI
$44,298
Percent Leased
59%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
2.43 AC
Zoning
C-1
Parking
105 Spaces (3.48 Spaces per 1,000 SF Leased)
Frontage
449 FT on Hwy 66

AMENITIES

  • Signage
  • Air Conditioning

LINKS

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NEARBY MAJOR RETAILERS

Fifth Third Bank
German American Bank
Old National Bank

PROPERTY TAXES

Parcel Number 62-18-05-200-009.000-007 Improvements Assessment $236,500
Land Assessment $272,200 Total Assessment $508,700

PROPERTY TAXES

Parcel Number
62-18-05-200-009.000-007
Land Assessment
$272,200
Improvements Assessment
$236,500
Total Assessment
$508,700
(513) 900-7509

CONTACTS

  • Listing ID: 33313178

  • Date on Market: 9/26/2024

  • Last Updated:

  • Address: 112-130 US Highway 66 E, Tell City, IN 47586

More public record information on 112-130 US Highway 66 E, Tell City, IN 47586

The Retail Property at 112-130 US Highway 66 E, Tell City, IN 47586 is currently available for sale. Contact Lee & Associates for more information.

NEARBY LISTINGS

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Plaza East | 112-130 US Highway 66 E
(513) 900-7509 x

Plaza East | 112-130 US Highway 66 E

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Stanton Falk

(513) 900-7509

(513) 900-7509

Chris Kinnard

(513) 387-0056

(513) 387-0056

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