Colonial Cottage

3140 Dixie Highway Erlanger, KY 41018

FOR SALE
Property Type:
Free Standing Building
Amount:
$750,000
Last Verified:
Jun 07, 2022

Highlights

  • Excellent location with high visibility
  • Located in front of Silverlake Shopping Center
  • Kroger will begin new development
  • High vehicle count

Description

The Colonial Cottage restaurant building is for sale with approximately 30 parking spaces on a 0.40 AC site. The property was damaged by a fire in 2021 and needs to be remodeled but could easily be restored back to the Colonial Cottage or another restaurant concept. Other potential development options include an office building or multi-tenant office building. The building has both upper and lower entrances that would make multi-tenant occupancy easy. Recent capital improvements include a 2-year-old roof and a newer HVAC system (both of which can be salvaged with some repairs). The site could be expanded, or a long-term ground lease is also available. This area of Dixie Highway will be completely transformed with a new Kroger development. Excellent location with high visibility near signalized intersection. High vehicle count on major highway in front of Silverlake Shopping Center. Crestview Town Center is nearby.

I-275 to Dixie Highway exit. The Colonial Cottage restaurant is located in front of Kroger.


Year Built: 1987
Building Size: 4523sq ft
Lot Size: 0.4 acres

Map of 3140 Dixie Highway, Erlanger, KY, 41018

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