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893 N Dixie Boulevard

RADCLIFF, KY 40160
  • $8,400,000
  • STATUS: Active
  • ON SITE: 120 Days
  • MLS #: HK10061848
UPDATED: 75 min ago
$8,400,000
  • 0
    BEDS
  • 10.88
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1946
County:

School Ratings & Info

Description

Radcliff Plaza Shopping Center-Radcliff Kentucky This project is a 1950s shopping center being offered as a "redevelopment project. The rent revenue does not support the asking price, please read this description thoroughly before making further inquiries. This property has been under the same ownership for seventy years and served as the main location for small businesses in Radcliff Kentucky (just outside of Fort Knox KY) during that time. Due to the age of the building, most rents are below market, but due to the location of the shopping center on the main commercial corridor, the twelve-acre footprint may be suited for a redevelopment project. Multifamily residential or rebuilt storefronts could be lucrative options. The center currently includes twenty-two units: a Dollar General store, a set of mini-storage buildings on land lease, a Cinema on land lease, a free-standing PNC ATM machine on land lease, and one semi-permanent bank trailer on land lease with the rest made up of small businesses. The landscape: The Radcliff Kentucky community is around 22,000 population with an additional daily population at Fort Knox of another 22,000. There is momentum in the commercial corridor (Dixie Blvd) for another redevelopment project with recent ones involving old structures torn down to build a new ALDI, a new JiffyLub, a new car wash, and a prospective Starbucks.

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© 2022 Heart of Kentucky Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Melloan Real Estate. The data relating to real estate for sale or lease on this web site comes in part from HKAR. Real estate listings held by brokerage firms other than Melloan Real Estate are marked with the HKAR logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2022-11-28T09:12:03.003.
www.melloan.com/homes/131428777
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893 N Dixie Boulevard RADCLIFF, KY 40160

  • Price: $8,400,000
  • Status: Active
  • On Site: 120 Days
  • Updated: 75 min ago
  • MLS #: HK10061848
0
Beds
0
Baths
0
½ Baths
10.88
Acres
1946
Built
Neighborhood:
None
County:
Hardin
Area:
Radcliff City
Property Description
Radcliff Plaza Shopping Center-Radcliff Kentucky This project is a 1950s shopping center being offered as a "redevelopment project. The rent revenue does not support the asking price, please read this description thoroughly before making further inquiries. This property has been under the same ownership for seventy years and served as the main location for small businesses in Radcliff Kentucky (just outside of Fort Knox KY) during that time. Due to the age of the building, most rents are below market, but due to the location of the shopping center on the main commercial corridor, the twelve-acre footprint may be suited for a redevelopment project. Multifamily residential or rebuilt storefronts could be lucrative options. The center currently includes twenty-two units: a Dollar General store, a set of mini-storage buildings on land lease, a Cinema on land lease, a free-standing PNC ATM machine on land lease, and one semi-permanent bank trailer on land lease with the rest made up of small businesses. The landscape: The Radcliff Kentucky community is around 22,000 population with an additional daily population at Fort Knox of another 22,000. There is momentum in the commercial corridor (Dixie Blvd) for another redevelopment project with recent ones involving old structures torn down to build a new ALDI, a new JiffyLub, a new car wash, and a prospective Starbucks.
Exterior Features

Acreage Source Pva Exterior Construction Block Number Of Loading Docks 1 Road Surface Asphalt Roofing Rubber MembraneShingles Total Number Of Parking Spaces 51+

Interior Features

Apx Office Area Sq Ft 0 Apx Warehouse Area Sq Ft 0 Basement None Floors Other-See Remarks Number Of Restrooms 11+ Sq Ft Source Appraiser

Property Features

Electricity Other-See Remarks Location Features Shopping Center/Mall Miscellaneous None Property Type Commercial Sale Rent For Sale Sewer City Utilities Other-See Remarks

Listing information © 2022 Heart of Kentucky Association of REALTORS®
Listing provided courtesy of Realty World Knox Realty Group, Llc: .


© 2022 Heart of Kentucky Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Melloan Real Estate. The data relating to real estate for sale or lease on this web site comes in part from HKAR. Real estate listings held by brokerage firms other than Melloan Real Estate are marked with the HKAR logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2022-11-28T09:12:03.003.
 
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