702 3rd St is an industrial property for lease in Shelbyville, KY.
If you're looking for investment property, you really must check out this fully rented building with multi-use flexibility!
Current cash flow is $25,200/year from a long-term, month-to-month, established auto-related business (1/3 of building). The remaining 2/3 of the building and the large office space are still available and potential additional income of $2,500/month. (Office area need renovation.)
Concrete block building with metal roof covering approximately 10,000 square feet (see agent notes) has plenty of space to accommodate things like a storage and delivery depot, contractors, car or truck repair or light industrial.
The 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.
Here is the ultimate flexible building - it's just waiting for your ideas!
Owner WILL consider a lease/buy option.
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