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Thursday, March 10, 2011

Louisville C-Store - My Busiest Listing - 8116 Blue Lick Rd

8116 Blue Lick Road is a former convenience store in Southern Louisville and it is presently my busiest listing.     The building is about 1950 Square Feet and it sits on about a 3/4 acre lot.  It is on Blue Lick Road about 0.1 mile off of Preston Highway and is near Jefferson Mall.    It is zoned as C-2.

Most of the callers are interested in leasing the property.  Several would like to open car lots.    Several would like to re-open the property as a C-store.   Others want to open a different kind of store.   I've had a few wanting to open a small restaurant.    

The owner however is most interested in selling the property.   She originally had the property listed at $164,000 and while we had a number of people inquiring, we have not had any written offers.   Realizing that presently the commercial real estate market is slow, the owner decided to drop the price to $130,000, hoping that would spur some of those on the fence to action.   

I have been surprised at the amount of interest in this property.    We have calls on this property all the time and LoopNet has informed me that it has been one of their top 10 listings in terms of overall activity for the Louisville market for the last several weeks.  

I have a motivated seller and a very active listing.   If anyone has an interest in buying or knows someone who does, let me know.   I would love to have this property sold.

Thanks, all.   Enjoy the basketball tourneys.

David

David W. McCoy
Associate Broker
Commonwealth Commercial Real Estate
10444 Bluegrass Pkwy'
Louisville, KY  40299

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