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. Current tenants have auto related businesses and are established.
** Currently FULLY rented with monthly income of $2,100. ($25,200/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.