7900 Tanners Gate Lane, Florence, KY 41042

$3,000,000
Property Type: Commercial Sale Square Footage: 25,200 Lot Size (sq. ft.): 150,238 Status: Closed
Current Price: $3,000,000 List Date: 3/16/2022 Last Modified: 9/03/2025

Overview

Description

The property is a three story, 25,200 SF Class A office building in Florence, KY. The offering is comprised of two tax parcels which encompasses 168 marked spaces situated on aprox 3.449 acres. The property is located about 15 minutes from the Cincinnati/ Northern Kentucky International Airport, with immediate access to I-71/75, making it an excellent location for regional businesses searching for a centrally located office. The building has great visibility from I-71/75, creating a unique opportunity for a high level of exposure to approximately 145,953 CPD. The property is being sold ''as-is'', furnished with desks, conference tables, computer equipment, printers, office supplies, etc. It's a great opportunity for business owners and investors alike. Each floor is secured via keypad and has multiple conference rooms, executive offices, open cubicle work spaces, copy rooms, cafeterias/ break rooms/ kitchens, multi-stall restrooms, mechanical rooms and a dedicated temperature controll ...

Listing Details MLS# 22004706

Listing Information

Comp Sale YN
No
Property Sub Type
Business

Status Change Information

Status Change Timestamp
2022-09-27
Purchase Contract Date
2022-08-26
Close Date
2022-08-26
Close Price
3000000

Address

County
Boone
Street Number
7900
Street Name
Tanners Gate
Street Suffix
Lane
State
KY
Zip Code
41042

Contract

Original List Price
3528000
Start Showing Date
2022-03-15
Listing Contract Date
2022-03-15
Listing Agreement
Exclusive Right To Sell
Occupant Type
Vacant
Office Exclusive YN
No
List Price/SqFt
140
Sold Price/SqFt
119.05
SP/LP
0.85

Tax Legal

MLS Area Major
055 - Boone County
Subdivision Name
Commercial

Interior

Building Area Total
25200

More Information

Parking Information

Parking Total
56

Building

Year Built
1996
Stories Total
3

Lot

Lot Size Acres
3.449
Lot Size Square Feet
150238

Remarks

Public Remarks
The property is a three story, 25,200 SF Class A office building in Florence, KY. The offering is comprised of two tax parcels which encompasses 168 marked spaces situated on aprox 3.449 acres. The property is located about 15 minutes from the Cincinnati/ Northern Kentucky International Airport, with immediate access to I-71/75, making it an excellent location for regional businesses searching for a centrally located office. The building has great visibility from I-71/75, creating a unique opportunity for a high level of exposure to approximately 145,953 CPD. The property is being sold ''as-is'', furnished with desks, conference tables, computer equipment, printers, office supplies, etc. It's a great opportunity for business owners and investors alike. Each floor is secured via keypad and has multiple conference rooms, executive offices, open cubicle work spaces, copy rooms, cafeterias/ break rooms/ kitchens, multi-stall restrooms, mechanical rooms and a dedicated temperature controlled server room with secure entry. See attached documents for showing/ inspection dates and AS-IS, WHERE-IS disclosure.

Showing Information

Showing Instructions
The Receiver has entered into a stalking horse contract on the property for $3,000,000 w/out contingencies. He will accept qualified advance bids in at least $25,000 increments above the Stalking Horse's contract by mail or electronic means until 5PM on 6/13/22. Live auction will be at 10:30AM on 6/15/22 at 7900 Tanners Gate Ln, Florence, KY. Please contact Briana prior to the auction if you are interested in bidding. Only qualified bidders will be permitted to bid at the Receiver's discretion.

Tax & Legal

Tax Rate
0.95
Zoning Description
C-2/PD/PO
Directions
Take the Burlington Pike Exit off Interstate 71/75 and go east on Burlington Pike. Take a right onto Tanners Lane and then a right onto Tanners Gate Lane. The property is located on your left at 7900.

Association/Community

Number Of Buildings
1

Utilities

Electricity Connected
Yes
Natural Gas Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

Possession

Other
Yes

Roof

Membrane
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

Standard
Yes

Business Type

Commercial
Yes
Professional/Office
Yes

Docks

None
Yes

Existing Lease Type

None
Yes

Sale Includes

Building(s)
Yes
Equipment
Yes
Fixtures
Yes
Furniture
Yes
Inventory
Yes
Land
Yes

Property Features

Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Business Type: Commercial; Professional/Office Docks: None Existing Lease Type: None Possession: Other Roof: Membrane Sale Includes: Building(s); Equipment; Fixtures; Furniture; Inventory; Land Sewer: Public Sewer Special Listing Conditions: Standard
Listing Office: Urban Groupe, LLC
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.