Optimist Club Bldg & 3.24ac Jeffersonville

Special Purpose for Sale
Catylist Listing ID: 30214820
Property Subtypes: Assembly/Meeting Place, Senior Housing, Other
Building Size (RSF): 8,240 SF
Gross Building Area: See Agent
Gross Land Area: 3.24 Acres
Sale Price: $400,000
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/11/2018

Overview / Comments

This facility has served as the local community Optimist Club for several years. You have plenty of options with 3.24 acres, a 8240 sf building at 4120 sf per floor, open span first floor, kitchen area and ample parking. This property has plenty of room for addition structures, use of open land with the possibility of adjacent owner selling their commercial property that fronts 10th Street. Though currently zoned R-1 residential, it has been used as an assembly hall. This may be attractive for other assemblage uses such as an event hall or church. With City approval this may be a good site for multifamily, duplex models or senior housing development.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Clark
Property Visibility: Good
Largest Nearby Street: Springdale Dr
Highway Access: 10th Street is the connector to I-65. From there you are linked to all interstate access via I-265 and I64.
Airports: Clark County Regional Airport, Louisville International Airport
Site Description: Neighborhood setting, surrounded by rooftops, quick access to 10th Street which is a main artery connector throughout the city. The property has what is a park-like setting and is responsibly used by local youth and is maintained by the city.
Area Description: Jeffersonville has several long established neighborhoods and this is one of them. You are in the middle of easy access to local shopping, restaurants and all types of business services for auto repair, banking, salons, music store, motels and more.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 4,120 SF
Property Condition: Good
Construction/Siding: Brick
Parking Type: Surface
Parking Description: Large private parking lot
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Interior Description: As an assembly hall, the space is wide open upstairs with a kitchen utilized by the current occupant for various functions to include times that members use the facility for meetings, weddings and other large events. The lower level has served as storage and has a mostly open area with restrooms and an exit door.
Zoning Description: Currently R-1 as residential but has been permitted as an assemblage hall which is the Optimist Club that has served the area for years as it stands today.
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Trustees Jeffersonville Optimist Club
Legal Description: 3 parcels 1) Gt 3 1.51 Ac 2) Sandy Hgts 1.3992 Ac 3) Sandy Heights .55 Ac

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,337 80,146 240,649
Median Age: 37.52 38.27 37.94
Households: 5,609 34,846 105,375
The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.