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900 Coldwater Road

Murray, KY 42071
  • $750,000
  • STATUS: Active
  • ON SITE: 169 Days
  • MLS #: 117779
UPDATED: 41 min ago
$750,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 12,210
    SQFT
  • $61
    $/SQFT
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

Very rare, PRIME multi-use location,**CLOSE TO CAMPUS**, B-2 Zoning with LOTS of upward business opportunity potential! Property is producing far below it's potential with this location. 0.70 acre lot, 12,210 sq. ft. of building area, 252ft. frontage on Coldwater Rd, 129ft. on Park St. (14) total units on the property. (13) currently serve as multi-family units consisting of; (6) 2BD/1BA units, (4) 1BD/1BA units, (2) studio units, (1) 3BD/2BA unit. (1) office/retail space currently used by owner as lock shop. 3-bay metal shop building on site. With some work put into it, this could transform into a major multi-use investment property. Potential Gross Income***AS-IS***=$81,300/yr -- Effective Gross Income=$57,900/yr -- Check this out!!!

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Listing information © 2022 Western Kentucky Regional MLS, Inc. 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 Cothran Property Group | Keller Williams Experience Realty. Data last updated: 2022-11-26T16:42:40.7.
www.westkyhomesandland.com/homes/129695268
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900 Coldwater Road Murray, KY 42071

  • Price: $750,000
  • Status: Active
  • On Site: 169 Days
  • Updated: 41 min ago
  • MLS #: 117779
0
Beds
0
Baths
0
½ Baths
N/A
Acres
12,210
SQFT
$61
$/SQFT
Neighborhood:
Murray
County:
Calloway
Area:
Murray
Property Description
Very rare, PRIME multi-use location,**CLOSE TO CAMPUS**, B-2 Zoning with LOTS of upward business opportunity potential! Property is producing far below it's potential with this location. 0.70 acre lot, 12,210 sq. ft. of building area, 252ft. frontage on Coldwater Rd, 129ft. on Park St. (14) total units on the property. (13) currently serve as multi-family units consisting of; (6) 2BD/1BA units, (4) 1BD/1BA units, (2) studio units, (1) 3BD/2BA unit. (1) office/retail space currently used by owner as lock shop. 3-bay metal shop building on site. With some work put into it, this could transform into a major multi-use investment property. Potential Gross Income***AS-IS***=$81,300/yr -- Effective Gross Income=$57,900/yr -- Check this out!!!
Exterior Features

Access Public Road Construction Concrete BlockFrame Doors And Windows Metal FrameStorm DoorsVinyl Frame Exterior Finish Brick/SidingMetalWood Foundation Slab Land Use Topography Level Parking Capacity 21-50 Road Frontage Ft 381 Ft. Roof Composition ShingleMetalRubber Shared Parking No Stories Other Style 1 Story2 Story

Interior Features

Basement None Basement YN No Ceiling Heights 7 - 10 Feet Cooling Central AirWindow Unit(S) Floor Covering ConcreteLaminateTileVinyl/Linoleum Heating ElectricForced AirSpace Heater Living Area Sq Ft 9298 Office Sq Ft 937 Overhead Doors 1 - 3 Doors Walls PanelingDry Wall

Property Features

Agent Owned YN No Contingencies YN No Current Use Multi-Family / Lock Shop Dockage None Electric Company Murray Electric Foreclosure YN No Gas Company Murray Natl Gas Leased YN No Location In City Limits Possession Negotiable Property Type Use ApartmentsOther/See Remarks Restrictions Zoning Restrictions YN Yes Sale Rent For Sale Sewer Public/Municipality Utilities Available Garbage - PublicStreet Lights Vacant YN No Water Public/Municipality Water Company Murray Municipal

Listing information © 2022 Western Kentucky Regional MLS, Inc.
Listing provided courtesy of Matt Wilson of Stedelin Real Estate, Llc: 270-293-5657.

Listing information © 2022 Western Kentucky Regional MLS, Inc. 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 Cothran Property Group | Keller Williams Experience Realty. Data last updated: 2022-11-26T16:42:40.7.
 
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Cothran Property Group | Keller Williams Experience Realty
118 South 5th Street - Suite B
Murray KY, 42071