550 S Third Street, Danville, KY 40422
$1,237,500
Property Type:
Commercial Sale
Square Footage:
102,000
Lot Size (sq. ft.):
209,959
Status:
Closed
Current Price:
$1,237,500
List Date:
5/26/2011
Last Modified:
9/03/2025
Overview
Description
Listing Details MLS# 1110409
Listing Information
- Property Sub Type
- Warehouse
Status Change Information
- Price Change Timestamp
- 2012-09-07T17:37:07Z
- Status Change Timestamp
- 2012-09-07
- Purchase Contract Date
- 2012-08-10
- Close Date
- 2012-09-07
- Close Price
- 1237500
- Buyer Financing
- Other
Address
- County
- Boyle
- Street Number
- 550
- Street Direction Prefix
- S
- Street Name
- Third
- Street Suffix
- Street
- State
- KY
- Zip Code
- 40422
Contract
- Original List Price
- 1400000
- Start Showing Date
- 2011-05-26
- Listing Contract Date
- 2011-05-26
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Tenant
- Office Exclusive YN
- No
- List Price/SqFt
- 13.73
- Sold Price/SqFt
- 12.13
- SP/LP
- 0.88
Tax Legal
- MLS Area Major
- 012 - Boyle County
- Subdivision Name
- Downtown
Interior
- Building Area Total
- 102000
More Information
Parking Information
- Parking Total
- 35
Building
- Year Built
- 1988
Lot
- Lot Size Acres
- 4.82
- Lot Size Square Feet
- 209959.39
Remarks
- Public Remarks
- ABSOLUTE AUCTION: This property to be sold at Absolute Auction on Friday, August 10th at 11:00 AM with no minimum bid or reserve. SALE TERMS: As is/Non-contingent/10% earnest money deposit/30 day settlement/10% buyer's premium added to all offers and included in the total contract price. Jim Halfhill, Sr., Principal Auctioneer. Very nice warehouse in Danville, KY. Priced at $13.73 per Sq. Ft. (very reasonable) 4.815 Acres, 6 dock doors, 2 drive-in doors. Presently leased to two companies. Office Sq. Footage is 1178.
Building and Property Details
- Building Expansion Potential YN
- Yes
- Inground Tank YN
- No
- Railroad Siding YN
- No
- # of Dock Doors
- 6
- # of Drive-in Doors
- 2
- # of Men's Restrooms
- Yes
- # of Women's Restrooms
- Yes
- Maximum Ceiling Height
- 23
- Warehouse SqFt
- 100821
Income and Expenses
- Real Estate Taxes
- 5078
Tax & Legal
- Tax Rate
- 1.094
- Zoning Description
- Light Industrial
- Directions
- E. Main St., South on 2nd St., right on McGarth. Building on South corner of 3rd. St. and McGarth. Can enter lot from 2nd. St. Building sits between 2nd. and 3rd. Streets.
Association/Community
- Number Of Buildings
- 1
Utilities
- Electricity Available
- Yes
- Natural Gas Available
- Yes
- Phone Available
- Yes
- Sewer Connected
- Yes
- Water Available
- Yes
Construction Materials
- Block
- Yes
- Steel Frame
- Yes
Parking Features
- Gravel
- Yes
- On Site
- Yes
- Paved
- Yes
Possession
- Close Of Escrow
- Yes
Roof
- Metal
- Yes
Security Features
- Fire Sprinkler System
- Yes
Special Listing Conditions
- Standard
- Yes
Water Heater
- Water Heater
- Yes
Building Features
- Concrete Floor
- Yes
Business Type
- Warehouse
- Yes
Ceiling
- Open
- Yes
Docks
- 4-10 Docks
- Yes
Electric
- 3 Phase
- Yes
Sale Includes
- Building(s)
- Yes
- Land
- Yes
Documents
- Survey
- Yes
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
Building Features:
Concrete Floor
Business Type:
Warehouse
Ceiling:
Open
Construction Materials:
Block; Steel Frame
Docks:
4-10 Docks
Electric:
3 Phase
Parking Features:
Gravel; On Site; Paved
Possession:
Close Of Escrow
Roof:
Metal
Sale Includes:
Building(s); Land
Security Features:
Fire Sprinkler System
Special Listing Conditions:
Standard
Water Heater:
Water Heater
Documents:
Survey
Listing Office:
Rector Hayden Realtors
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.