Taylor Auction & Realty, Inc.
Online Only Auctions, Commercial Real Estate, Land, Other
Nov 16, 2017 - Central
Live Real Estate Auction
1133 North Main St
Hopkinsville, KY 62240
Great investment opportunity with this Live real estate auction. This property would make a great site for a Planned Unit development.
Curran Miller Auction/Realty, Inc.
1005 E. Walnut
Evansville, IN 47714
Toll Free: (800) 264-0601
Local: (812) 474-6100
12 +/- Acres Zoned B-4 & R-2
With Restaurant, Small Mobile Home Park, & Several Residential Properties
Offered in 4 Tracts
REAL ESTATE LOCATION:
1135 North Main St (Hwy. 41)
On the N. side of Hopkinsville, KY
The real estate consists of 12+/- acres that will be offered in 4 Tracts and combination of tracts. The property has both public water and sewer actually running through the property for easy access. This property offers a wonderful opportunity to the developer looking for a larger tract of land in a good business location for a Planned Unit development. The property has highway frontage and is still close to schools and the downtown area of Hopkinsville. There is an established mobile home park and the B-4 & R-2 zoning is already in place. This property is also uniquely located very close to the main highway access to Kentucky Lake, Barkley Lake, Band Between the Lakes recreation area, I-69, and the interstate highway system. The property will be sold using the Freedom Tract Auction Method.
Note: The acreages and footages used in the advertising are prepared by a registered engineer and derived at by scaling aerial photographs and are therefore estimates. If the property sells in tracts the seller will provide a perimeter survey showing the actual lines and dimensions.
Tract 1 consists of 1.5+/- acres that is zoned B-4 commercial. The property has approximately 185 ft. fronting on Main Street ( Hwy 41) and is improved with an operating restaurant. The restaurant is a concrete block structure with a dining room, kitchen and 2 restrooms. Tract 1 (restaurant) is currently rented and producing rental income with the tenant paying their own utilities.
Tract 2 consists of approximately 3.5+/- acres that is zoned R-2 residential and approximately 1 acre zoned B-4. This tract fronts Lacy drive and has approximately 150 ft. frontage. There is also access from Main Street along Cathcart Ave. A portion of this tract is wooded and has several very nice potential home sites. Tract 2 is improved with a 3 unit residential bldg that has considerable deferred maintenance.
Tract 3 consists of approximately 4 acres with 1 acre in the B-4 zoning on Main St. and the balance is zoned R-2. There is approximately 80 ft. frontage on Main St. This tract is improved with a large storage building & 2 residential rental units.
Tract 4 consists of approximately 3 acres with 185+/- acres fronting Main Street. All of Tract 4 is zoned B-4. This tract has a small mobile home park consisting of 10 spaces, with existing permiting for 10 more (total of 20). The park is currently closed for updating. All licenses are current and municipal fees are paid. In addition, there are 2 residential rental units on Tract 4 that are currently rented and producing income.