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$595,000 USD
205 Geri Lane
Richmond, Kentucky 40475
USA
Richmond, Kentucky 40475
USA
Commercial for Sale, Office Building
Land size: 0.097 ha ::
0.24 acres
Sale price per sqm: 0
Remarks:
Well maintained Office Building for sale in desirable high density commercial area very close to the Eastern Bypass, EKU, Barnes Mill Rd residential areas, I75 Exit 87. 5,140sf 2 story building with more than ample parking. Zoned B-3 with 6 units including 1st floor 2 office spaces-current tenant occupying both units pays 1820/mo plus electric. 1st floor 3- 1/2 bathrooms, 3 examining rooms, office, lobby, 2 reception areas, 2 addtl offices, good storage. 1st floor presently leased to Eye Car Center and this lease expires on 03/01/2027. Luxury LVT flooring in entrance/baths/utility closet. 4 upstairs 1 bedroom, 1 bath Apartments w/, kitchen/den, 5 back building parking spaces & entrance with shared hallway & separate circuit breakers & heat pump/water heaters. Tenant's pay own electri. Each unit & hall painted 11/24, new carpet summer 24 & kitchen cabinets/ appliances/ counters replaced 4 yrs ago approx. Landlord pays water, sewer, trash removal. Front has ample parking & all exterior brick painted 11/24, side wall installed 2022, side alley belongs to this property, Priced to sell at appraised value.
Excellent opportunity to own Richmond KY investment property.
Additional information: Sewer pipe was relined, all downstairs relined cast iron pipes, downstairs bathrooms have pvc, rubber roof. Morgan Heating and Air services the building. 1st floor 1 heat pump replaced 2024, 1 in 2022. Presently 3 apt.s rented on mo. to mo basis at $500,$500(since 2022), $400(since 2015). Bathroom fixtures & lighting stay, 2 apt. water heaters new in 2022 Side alley driveway is on this property. Phone system and all eye care equipment on 1st floor is owned by 1st floor tenant and does not convey. Can only be shown by appointment with 24 hours notice to seller and showings can only take place after business hours after 5pm Monday through Friday and Saturday. Preapproval bank letter required to view. Photo lines are approximate.
Excellent opportunity to own Richmond KY investment property.
Additional information: Sewer pipe was relined, all downstairs relined cast iron pipes, downstairs bathrooms have pvc, rubber roof. Morgan Heating and Air services the building. 1st floor 1 heat pump replaced 2024, 1 in 2022. Presently 3 apt.s rented on mo. to mo basis at $500,$500(since 2022), $400(since 2015). Bathroom fixtures & lighting stay, 2 apt. water heaters new in 2022 Side alley driveway is on this property. Phone system and all eye care equipment on 1st floor is owned by 1st floor tenant and does not convey. Can only be shown by appointment with 24 hours notice to seller and showings can only take place after business hours after 5pm Monday through Friday and Saturday. Preapproval bank letter required to view. Photo lines are approximate.
Features:
- Property type: Office Building
Location:
205 Geri Lane, Richmond, Kentucky 40475, USA
Listed By CENTURY 21 Advantage Realty
The Commercial for Sale, Office Building located at 205 Geri Lane, Richmond, Kentucky 40475, USA is currently for sale. 205 Geri Lane, Richmond, Kentucky 40475, USA is listed for $595,000 USD. If the property located at 205 Geri Lane, Richmond, Kentucky 40475, USA isn't what you're looking for, search Kentucky Real Estate to see other Commercial For Sale in Richmond.