1140 Levee Road, Mt Sterling, KY 40353

$3,400,000
Property Type: Commercial Sale Square Footage: 123,000 Lot Size (sq. ft.): 513,572 Status: Active
Current Price: $3,400,000 List Date: 9/05/2024 Last Modified: 1/22/2026

Overview

Description

GREAT investment property!!! New paint on outside of warehouse. Six dock doors--2 covered. Three drive in. Twenty foot ceilings. Can be subdivided. Some new laminate flooring upstairs. Two tenants there at present time. Monthly rent approximately 20,000. Tenant pays own utilities. PRIME location. Close to I-64. Old Hobart Building (concrete & steel). Lot size is from PVA--part of a condo.

Listing Details MLS# 23016072

Listing Information

Comp Sale YN
No
Property Sub Type
Warehouse

Status Change Information

Price Change Timestamp
2025-10-17T19:40:23Z
Status Change Timestamp
2024-09-05
Back on Market Date
2024-09-05

Address

County
Montgomery
Street Number
1140
Street Name
Levee
Street Suffix
Road
State
KY
Zip Code
40353
Parcel Number
024-00-00-008-02

Contract

Original List Price
2952000
Start Showing Date
2023-08-21
Listing Contract Date
2023-08-21
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant
Office Exclusive YN
No
List Price/SqFt
27.64

Tax Legal

MLS Area Major
018 - Montgomery County
Subdivision Name
Industry Park

Interior

Living Area Units
Square Feet
Building Area Total
123000
Building Area Source
Owner
Building Area Units
Square Feet

More Information

Parking Information

Parking Total
56

Building

Year Built
1964
Stories Total
2
Accessibility Features YN
No

Lot

Lot Size Acres
11.79
Lot Size Square Feet
513572

Utilities

Cooling YN
Yes
Heating YN
Yes
Electricity Connected
Yes
Natural Gas Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

Remarks

Public Remarks
GREAT investment property!!! New paint on outside of warehouse. Six dock doors--2 covered. Three drive in. Twenty foot ceilings. Can be subdivided. Some new laminate flooring upstairs. Two tenants there at present time. Monthly rent approximately 20,000. Tenant pays own utilities. PRIME location. Close to I-64. Old Hobart Building (concrete & steel). Lot size is from PVA--part of a condo.

Building and Property Details

# of Dock Doors
6
# of Drive-in Doors
3
# of Floors Serviced
Yes
# of Men's Restrooms
3
# of Women's Restrooms
3
Maximum Ceiling Height
20
Warehouse SqFt
123000
Electricity Phase
3

Income and Expenses

Insurance Expense
7400
Total Actual Rent
200000

Showing Information

Showing Instructions
Owner needs to be present for ALL showings. Must have an appointment to show. Use Showing Time. No key. Fridays are best.

Tax & Legal

Tax Rate
12.08
Zoning
Other
Zoning Description
Industrial/Manufacturing
Directions
From Bypass, turn onto Levee Road, Highway 11. Turn right, go 1/4 mile and turn right. Enter Industrial Park Complex. Property is on the right.

Association/Community

Number Of Buildings
1

Construction Materials

Block
Yes
Brick
Yes
Concrete
Yes
Glass
Yes
Steel Frame
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes

Heating

Natural Gas
Yes

Parking Features

Gravel
Yes
Paved
Yes

Possession

Close Of Escrow
Yes

Roof

Flat
Yes
Membrane
Yes
Rubber
Yes

Security Features

Fire Sprinkler System
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

Standard
Yes

Water Heater

Water Heater
Yes

Building Features

Concrete Floor
Yes
Other Flooring Type
Yes
Reinforced Floor
Yes
Tile/Brick Floor
Yes
Vinyl Flooring
Yes

Business Type

Warehouse
Yes

Ceiling

Dropped
Yes
Open
Yes
Tile
Yes

Docks

4-10 Docks
Yes
Manual
Yes

Electric

3 Phase
Yes

Sale Includes

Building(s)
Yes
Fixtures
Yes
Land
Yes

Tenant Pays

Electricity
Yes
Gas
Yes
Sewer
Yes
Trash Collection
Yes
Water
Yes

Showing Requirements

Call Listing Agent
Yes
Showing Service
Yes

Documents

Environmental Impact
Yes
Survey
Yes

Property Features

Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Building Features: Concrete Floor; Other Flooring Type; Reinforced Floor; Tile/Brick Floor; Vinyl Flooring Business Type: Warehouse Ceiling: Dropped; Open; Tile Construction Materials: Block; Brick; Concrete; Glass; Steel Frame Cooling: Ceiling Fan(s); Central Air Docks: 4-10 Docks; Manual Electric: 3 Phase Heating: Natural Gas Parking Features: Gravel; Paved Possession: Close Of Escrow Roof: Flat; Membrane; Rubber Sale Includes: Building(s); Fixtures; Land Security Features: Fire Sprinkler System Sewer: Public Sewer Special Listing Conditions: Standard Tenant Pays: Electricity; Gas; Sewer; Trash Collection; Water Water Heater: Water Heater Showing Requirements: Call Listing Agent; Showing Service Documents: Environmental Impact; Survey
Listing Office: Tom Goebel & Company
Last Updated: January - 22 - 2026
Information deemed reliable but not guaranteed.