Property Listing No Longer Available for Sale

1915 Bishop Lane, Louisville, KY

Office for Sale - 8,793 Sq. Ft. on 1.2 acres


Property Info

CIMLS#1164377
Location
  1915 Bishop Lane
  Louisville KY 40218
UpdatedAugust 15th, 2024
TypeOffice
PriceUpon Request
Building8,793 Sq. Ft.
Land1.2 acres

Property Description

Online Auction – Premier Medical/Office Location on I-264

• Excellent Location Medical/Office at Newburg Rd & Watterson Expressway

• Billboard Quality Signage Fronting I-264 with 134,000+ vehicles per day!

• Building can be Demised for Multi-Tenant Use – Investment or Owner Occupant Purposes

• Two Ample Waiting Areas – 4-Restrooms – Lab Areas – Numerous Exam Rooms & Significant Private Offices – Employee Break Area/Kitchen w/Shower Room

• Steel Frame Walls, Slab on Grade w/Easy to Reconfigure Interior Spaces

• Centrally Located with Premier Access off Newberg Rd at Watterson Expressway

• Appraisal for over $1,600,000 in 11/23 – Reserve Drastically Below Appraisal!!

• Retiring Owner – Lease Terminated – Must Sell Immediately!

• 39 total Parking Spaces with Handicapped Ramps/Auto Door Openers

• Approx. 6,300+/- Finished sf on First Floor – 2,500+/- Unfinished Upstairs – 8,793+/- Total SF

• Exactingly Constructed in 2003 by Lichtefeld Contracting – Build to Suit

• Nearly 1.2+/- Acres with Expansion Area Included with Sale

• Utilities: Electric, Natural Gas, MSD Sewer & Louisville Water Services

• Electric: 3-Phase/240-volt/400 Amp

• HVAC: Zoned Heating and Cooling – 5 Unit Service

• Electrical: 400-amp, 3 phase, 240-volt

• Title Commitment, Phase I ESA, Site Plan, Floor Plans & Appraisal Available

• Exterior: Brick Veneer/Stucco/Metal Eaves and Roof

• Zoned OR-3 Office Residential District – Allowable Uses in PIP

Synopsis: This centrally located, easily accessible modern office building has been the home of Commonwealth Foot & Ankle for over 20 years. The ownership has retired and is no longer in need of this fabulous facility and has Ordered it Sold Immediately! No other Louisville Metro Property Offers the Billboard Sized Signage (all lighted) or ease of location for medical, professional office, dental or other uses. Perfect Rehab & Sobriety Treatment Site, Dental Office or other Medical Uses.

Selling at Online Auction with Bidding Ending on Thursday September 19 at 3:00pm this multifaceted professional facility will likely be purchased far below replacement or appraisal. Professionally appraised in November 2023 at $1.625M the owner’s reserve is drastically below market and motivated to sell.

Make plans today to tour the property on September 12 starting at 12:00pm or schedule for a private showing with Justin Hampton (jhampton@tranzon.com) or Ed Durnil (edurnil@tranzon.com) or by calling 270.769.0284. Full Property Information Package including title commitment, Phase I ESA and Appraisal available at www.tranzon.com/TAA2431

Tranzon Asset Advisors, Edward D. Durnil, KY Auctioneer #259408/Broker #187998

In cooperation with PRG Commercial Property Advisors, LLC, Reed Weinberg

10% Buyer's Premium and other terms apply

Online bidding ends September 19th at 3:00 pm ET

Inspection: September 12th at 12:00pm ET

Property Address: 1915 Bishop Lane, Louisville, KY 40218

Contact Justin Hampton at 270-734-1161 or jhampton@tranzon.com

#tranzon #auction #onlineauction #realestate #realestateauction #officebuilding


Financials