Property Listing No Longer Available for Sale

1931 Grantline Road, New Albany, IN

Shopping Center for Sale - 23,042 Sq. Ft. on 49299.44 acres


Property Info

CIMLS#710783
Location
  1931 Grantline Road
  New Albany IN 47150
UpdatedMay 20th, 2014
TypeShopping Center
PriceUpon Request
Building23,042 Sq. Ft.
Land49299.44 acres

Property Description

Timed Online Auction set to close Thursday, June 12, 2014 at 2PM. This property will be sold in three (3) separate parcels. Parcel 1 being a 3,090 SF free standing building on an approximate 0.87 Acre corner lot. Parcel 2 being a 19,952 SF Retail Strip Center on an approximate 1.5 Acres (this building was designed for a second floor with 12'-14' vertical steel I-beams in place and 4" poured concrete roof - could be built out for additional retail space with Graybrook access utilizing Parcel 3 as the parking lot). Parcel 3 being an approximate 1.56 Acre vacant lot with multi-family potential or as additional parking for the expanded strip center on Graybrook Drive. All parcels totaling an approximate 4.32 Acres. Seller is willing to consider Owner Financing for qualified bidders - contact agents for more information.

Location Description:

1931-2003 Grantline Road with frontage on Graybrook Lane and Daisy Lane. Neighborhood retail location with substantial traffic count. Perfect for local businesses.

Highlights:

>> Online Timed Auction closing Thursday, June 12, 2014 at 2 PM ET

>> 2% Cooperating Agent Fee for representing a Buyer

>> Great Location with Lot of Traffic and Many Rooftops - City Center Location

>> Room to Grow on this large site

>> Strip Center Built to Permit a Second Floor with Graybrook Access

>> Selling in 3 Separate Parcels and Combinations

>> Possible Owner Financing - contact agents for details

* Email for additional photos


Financials

Sales Info:

>> Commision split: 2.0%