$906,000
Winchester, KY 40391
MLS# 1214384
Status: Closed
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Property Description
Great investment opportunity! Fully occupied warehouse with credit tenant who has operated here for 8 years. Generating NOI of $98,000 annually, 10% Cap Rate. Entire building is HVAC controlled.
Details
Status Change Information
Price Change Timestamp: 2015-08-28T15:38:13Z
Status Change Timestamp: 2015-08-28
Purchase Contract Date: 2015-06-24
Close Date: 2015-08-27
Close Price: 906000
Buyer Financing: Conventional
Sale Type: Arms Length Sale
Contract
Current Price: $906,000
Original List Price: 980000
Status: Closed
Start Showing Date: 2012-07-30
Listing Contract Date: 2012-07-30
Sold Price: $906,000
Listing Agreement: Exclusive Right To Sell
Occupant Type: Tenant
Office Exclusive YN: No
SP/LP: 0.92
Interior
Living Area: 19800
Parking Information
Parking Total: 20
Building
Year Built: 2000
Stories Total: 1
Lot
Lot Size Acres: 1.06
Lot Size Square Feet: 46173.64
Utilities
Cooling YN: Yes
Remarks
Public Remarks: Great investment opportunity! Fully occupied warehouse with credit tenant who has operated here for 8 years. Generating NOI of $98,000 annually, 10% Cap Rate. Entire building is HVAC controlled.
Income and Expenses
Gross Scheduled Income: 103560
Real Estate Taxes: 5000
Listing Information
Property Sub Type: Industrial
Address
County: Clark
Street Number: 350
Street Name: Tierney
Street Suffix: Way
State: KY
Zip Code: 40391
Tax Legal
MLS Area Major: 007 - Clark County
Subdivision Name: Commercial
Property Features
Utilities: Electricity Available; Natural Gas Available; Phone Available; Sewer Connected; Water Available; Electricity Available; Natural Gas Available; Phone Available; Sewer Connected; Water Available
Business Type: Industrial
Docks: 1-3 Docks
Parking Features: On Site; Paved
Possession: Close Of Escrow
Tenant Pays: Exterior Maintenance; Insurance; Interior Maintenance
Listing Office: The Gibson Company
Last Updated: October - 13 - 2026
Information deemed reliable but not guaranteed.