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238 E Main St Richmond KY 7 Unit Shopping Center

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ID: 71
238 E Main St Richmond KY 7 Unit Shopping Center
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$1,200,000.00
Earnest Money Deposit: $50,000

(Currently Sold Out. Inquire for availability)
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Property Description

Introducing 238 E Main St - a prime investment opportunity in Richmond, KY with an asking price of $1,200,000. This income-generating strip center, built in 1930, boasts a total property square footage of 33,278 and a building square footage of 16,028 across 7 units.

With an annual income of $76,080 and low expenses of $10,248, the property offers a net operating income of $65,832. Zoned B2 and with taxes amounting to $5,278, this is a lucrative and well-maintained investment. The property's strategic location and strong financials make it an attractive choice for savvy investors looking to expand their portfolio. Don't miss out on this exceptional opportunity - schedule a viewing today to secure your future with 238 E Main St.

BUILDING INFORMATION

  • 7
  • 1930
  • 2015
  • 1
  • 1
  • B2
  • 33,278

PROPERTY TYPE

  • Retail
  • Shopping Center
  • Investment
  • B
  • Modified
  • Multi
  • 3 years
  • 16,028
  • 9.49%
  • 100%
  • $113,860
  • 100%