Small Industrial Properties FOR Sale - Richmond

651 661 S Keeneland Drive Richmond, KY 40475

651 661 S Keeneland Drive, Richmond, KY, 40475
651 661 S Keeneland Drive, Richmond, KY, 40475 651 661 S Keeneland Drive, Richmond, KY, 40475 651 661 S Keeneland Drive, Richmond, KY, 40475 651 661 S Keeneland Drive, Richmond, KY, 40475 651 661 S Keeneland Drive, Richmond, KY, 40475 651 661 S Keeneland Drive, Richmond, KY, 40475 651 661 S Keeneland Drive, Richmond, KY, 40475 651 661 S Keeneland Drive, Richmond, KY, 40475 651 661 S Keeneland Drive, Richmond, KY, 40475 651 661 S Keeneland Drive, Richmond, KY, 40475 651 661 S Keeneland Drive, Richmond, KY, 40475 651 661 S Keeneland Drive, Richmond, KY, 40475 651 661 S Keeneland Drive, Richmond, KY, 40475 651 661 S Keeneland Drive, Richmond, KY, 40475 651 661 S Keeneland Drive, Richmond, KY, 40475 651 661 S Keeneland Drive, Richmond, KY, 40475 651 661 S Keeneland Drive, Richmond, KY, 40475
FOR SALE
Property Type:
Factory
Amount:
$1,550,000
Last Verified:
Nov 27, 2023

Highlights

  • Two Small Industrial buildings 100% occupied
  • Short term on 8100 sf building
  • Longer term on 11200 sf building
  • I-2 Zoning

Description

SVN Stone Commercial Real Estate is pleased to bring to market, 651 & 661 S Keeneland Drive, 2 properties totaling 19,300 SF industrial property on 2 acres in Richmond, KY. These fully occupied assets are 8,100 sf and 11,200 sf with a moving company in the 11,200 sf building with 7 years remaining in term and options, and a Crossfit gym under lease until Fall of 2025 in the 8,100 sf building. The sellers built the properties in the late 1980's and have occupied or rented the assets since.
For more information contact Neal Metcalfe at 859.312.8069 // neal.metcalfe@svn.com

Richmond is centrally located and is south of Lexington on the I-75 corridor. Richmond is one of the fastest growing areas in Kentucky. Several identifiable factors contribute to this growth, such as easy interstate access, proximity to Lexington, lower cost of housing, good employment base, regional university, and cultural and educational opportunities. Richmond tied for the 30th in the Top Micropolitans in the nation for new and expanded industry activity in 2010. The City of Richmond is currently the 7th most populous in Kentucky, up from 11th largest in the 2000 census and is the home of Eastern Kentucky University with approximately 17,000 students. Historic downtown Richmond is one of the finest 19th century commercial districts in the Southeast and is a unique blend of small town warmth and friendliness while still having access to the advantages of a big city.


Year Built: 1986
Building Size: 19300sq ft
Lot Size: 2.0 acres


Documents

Brochure - 651-661 S Keeneland 1.pdf
Aerial - 651 661 S Keeneland Dr Richmond.jpg

Map of 651 661 S Keeneland Drive, Richmond, KY, 40475

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.