Property Listing No Longer Available for Sale

6520 Glenridge Park Place Units 1 1a 2 3 4

Louisville, KY

Office for Sale - $595,000


Property Info

CIMLS#879133
Location
  6520 Glenridge Park Place Units 1 1a 2 3 4
  Louisville KY 40222
UpdatedJune 19th, 2016
TypeOffice
Price$595,000

Property Description

This is five units in the Glenridge Park Place Office Condominiums, two 1st floor units, two 2nd floor units, and 1 in the lower level. The space is on the end of the building thus there are windows on 3 sides. The space has been up-to-date into an "office suites" concept with individual offices rented to tenants. It is built with seventeen offices and a large conference room. There are 2 restrooms per floor, a kitchen in the lower level and file storage in the lower level. 9 of the offices are rented bringing in gross rent of $75,900 per year with most offices rented for $700 per month on a full service basis. A buyer could occupy the entire space or if a buyer wanted an investment they could continue renting the office suites and filling the vacant suites. The current set up is ideal for a small professional firm needing space now and with plans to grow in the future as they would have rental income coming in and space available in the future.


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