893 N Dixie Boulevard, Radcliff, KY 40160 | HK10061848 | Semonin Realtors

893 N Dixie Boulevard $8,400,000


    893 N Dixie Boulevard Radcliff, KY 40160

    • 10.88 Acres
    • Commercial
    • MLS# HK10061848
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    Views: 90 Days On Site: 239

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    Property Details

    Radcliff Plaza Shopping Center-Radcliff Kentucky This project is a 1950s shopping center being offered as a 'redevelopment' project. The rent revenue does not support the asking price, please read this description thoroughly before making further inquiries. This property has been under the same ownership for seventy years and served as the main location for small businesses in Radcliff Kentucky (just outside of Fort Knox KY) during that time. Due to the age of the building, most rents are below market, but due to the location of the shopping center on the main commercial corridor, the twelve-acre footprint may be suited for a redevelopment project. Multifamily residential or rebuilt storefronts could be lucrative options. The center currently includes twenty-two units: a Dollar General store, a set of mini-storage buildings on land lease, a Cinema on land lease, a free-standing PNC ATM machine on land lease, and one semi-permanent bank trailer on land lease with the rest made up of small businesses. The landscape: The Radcliff Kentucky community is around 22,000 population with an additional daily population at Fort Knox of another 22,000. There is momentum in the commercial corridor (Dixie Blvd) for another redevelopment project with recent ones involving old structures torn down to build a new ALDI, a new JiffyLub, a new car wash, and a prospective Starbucks.

    • General Features
      • Subdivision None
      • County Hardin
      • Area Radcliff City
    • Building Features
      • Amenities None
      • Apx Year Built 1946
      • Apx Office Area Sq Ft 0
      • Basement None
      • Apx Warehouse Area Sq Ft 0
      • Exterior Construction Block
      • Electricity Other-See Remarks
      • Roofing Shingles
      • Sewer City
      • Road Surface Asphalt
      • # Stories 1
      • # Loading Docks 1
      • Miscellaneous None
      • Location Features Error: ClassID in tblMLSFieldPropertyType is null.
    • Property Features
      • Total Num Parking Spaces 51+
      • Apx Acreage 10.88


    • HSA Home Warranty


    Market Last 30 Days In This Postal Code

    $170,000 Median Sales Price
    9 Homes Sold
    20 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $8,400,000
        7/30/2022 9:46:00 AM New in Database Source: Multiple Listing Service New Value: $8,400,000

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        MLS LogoCopyright 2023 Heart of Kentucky Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Heart of Kentucky Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Semonin Realtors are marked with the Internet Data Exchange Symbol or the Internet Data Exchange thumbnail Symbol and detailed information about them includes the name of the listing IDX Brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information is deemed reliable but is not guaranteed. ©2023 All rights reserved. Data updated as of 3/26/2023 5:16:31 AM.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.