702 3rd St, Shelbyville, KY 40065

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Katie C.

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Building Details:

702 3rd St is an industrial property for lease in Shelbyville, KY.

Investors: take note of this unique property with good income potential and significant flexibility of use.

** Currently partially rented with monthly income of $1900. ($22800/annually)
Office space still available for additional income potential with some renovation.

Here are the details:

Introduction: Concrete block building with metal roof covering approximately 10,000 square feet (see agent notes) in Shelbyville, Kentucky. Plenty of space for many possibilities - storage and delivery depot, contractors, car or truck repair, light industrial...you name it.

Some Details: 1st Floor has 5 overhead doors and 15' ceiling and 2nd Floor mezzanine has concrete floor, 2 slides and 9' ceiling. Included are 4 gas heaters (all operational), 10,000-lb. lift, 2 air compressors and 2 200-amp services. Property has 2 1/2 baths and plenty of parking on concrete lot. Office portion does need renovation.

Current Income: Yes. Good, long term month-to-month tenant paying $1100 per month and occupying approximately 1/3 of building. Potential Income: $2,500 per month.

Flexibility of Use: This property will accommodate many operations, some of which may be difficult to fit in the "typical" building.

Owner will consider a lease/buy option - let's talk.

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