Listed by Bluegrass Sotheby's International Realty Lexington
$2,399,000
Elizabeth Street
Details
Property Type Retail
Sub Type Gas Station
Square Footage 8,000
Occupancy 100%
Tenancy Multi
Lease Type Net
Broker Co-Op Yes
Class B
Year Built 1996
Year Renovated 2021
Acreage 2.500
Zoning B-1
Investment Type Stabilized
Retail | 8,000 SqFt
Marketing description
High visibly, stabalized asset. Located on US 27 at a signalized intersection. Gas Station, C-Store, two restaurants (one currently under lease), & an additional building being used as auto detailing. New roof on entire building and carwash building. New branded dispensers and canopy trim. New underground fuel piping and system. Most HVAC and refrigeration and cooling units have been replaced in the past 2 years. Additional income opportunity with Marquee Billboard and two additional spaces inside building, possible small gaming room, or check cashing, or food concept. Amazing redevelopment opportunity if one choses due to large lot size and location. Fuel incentive/Branding contract to the next owner included.
Listing Contacts
Listed by Bluegrass Sotheby's International Realty Lexington
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