1107 Crowne Pointe Drive, Elizabethtown, KY 42701

$3,200,000

Property Type: Commercial Sale Square Footage: 32,109 Lot Size (sq. ft.): 96,573 Status: Closed

Current Price: $3,200,000 List Date: 8/13/2025 Last Modified: 12/26/2025

Overview

Description

Crown Point Business Center offers a rare opportunity to acquire a well-positioned, income-producing commercial property in the heart of Elizabethtown, KY. Located just minutes from I-65 and major thoroughfares, this versatile multi-tenant asset features a flexible mix of office and medical spaces designed to accommodate a variety of businesses. The property benefits from stable occupancy, professional management, and recent updates that enhance curb appeal and operational efficiency. Tenants enjoy ample parking, convenient access to local amenities, and proximity to regional employers, including Fort Knox and Hardin Memorial Health. Elizabethtown's growing population, pro-business environment, and strong demand for commercial space make this an attractive, low-maintenance investment with upside potential through lease-up and rent growth. Ideal for both seasoned investors, SBA, and 1031 exchange buyers seeking stable cash flow in a thriving regional market.

Listing Details MLS# 25017910

Listing Information

Comp Sale YN: No
Property Sub Type: Business

Status Change Information

Status Change Timestamp: 2025-11-25
Purchase Contract Date: 2025-10-13
Close Date: 2025-11-25
Close Price: 3200000
Buyer Financing: Conventional

Address

County: Hardin
Street Number: 1107
Street Name: Crowne Pointe
Street Suffix: Drive
State: KY
Zip Code: 42701
Parcel Number: 232-10-00-001.10

Contract

Original List Price: 3300000
Start Showing Date: 2025-08-13
Listing Contract Date: 2025-08-13
Listing Agreement: Exclusive Right To Sell
Occupant Type: Tenant
Office Exclusive YN: No
List Price/SqFt: 102.77
Sold Price/SqFt: 99.66
SP/LP: 0.97

Tax Legal

MLS Area Major: 050 - Hardin County
Subdivision Name: Commercial

Interior

Building Area Total: 32109

More Information

Parking Information

Parking Total: 56

Building

Year Built: 1996
Stories Total: 2

Lot

Lot Size Acres: 2.217
Lot Size Square Feet: 96573

Remarks

Public Remarks: Crown Point Business Center offers a rare opportunity to acquire a well-positioned, income-producing commercial property in the heart of Elizabethtown, KY. Located just minutes from I-65 and major thoroughfares, this versatile multi-tenant asset features a flexible mix of office and medical spaces designed to accommodate a variety of businesses. The property benefits from stable occupancy, professional management, and recent updates that enhance curb appeal and operational efficiency. Tenants enjoy ample parking, convenient access to local amenities, and proximity to regional employers, including Fort Knox and Hardin Memorial Health. Elizabethtown's growing population, pro-business environment, and strong demand for commercial space make this an attractive, low-maintenance investment with upside potential through lease-up and rent growth. Ideal for both seasoned investors, SBA, and 1031 exchange buyers seeking stable cash flow in a thriving regional market.

Building and Property Details

# of Men's Restrooms: Yes
# of Women's Restrooms: Yes
Retail SqFt: 28366

Income and Expenses

Gross Scheduled Income: 40257430
Other Expense Description: CAM is included in rent above
Professional Management Expense: 10
Total Actual Rent: 402574
Other Income: 0
Payroll Expense: 0

Tax & Legal

Tax Rate: 1.115
Zoning Description: C2
Directions: Crown Point Business Center is conveniently located just off I-65 in Elizabethtown, KY, near the intersection of Ring Road and North Dixie Avenue. From I-65, take Exit 94 toward Elizabethtown, continue west on Ring Road, and the property will be on your right.

Association/Community

Number Of Buildings: 1

Construction Materials

Brick: Yes

Parking Features

On Site: Yes

Possession

Close Of Escrow: Yes
Negotiable: Yes

Roof

Flat: Yes
Rubber: Yes

Sewer

Public Sewer: Yes

Special Listing Conditions

Standard: Yes

Building Features

Partially Carpeted: Yes
Vinyl Flooring: Yes

Business Type

Commercial: Yes
Mixed: Yes
Professional/Office: Yes

Ceiling

Dropped: Yes
Drywall: Yes

Existing Lease Type

Other: Yes

Sale Includes

Building(s): Yes
Fixtures: Yes
Inventory: Yes
Land: Yes
Leases: Yes

Tenant Pays

Common Area Maintenance: Yes

Documents

Appraisal: Yes

Property Features

Building Features: Partially Carpeted; Vinyl Flooring Business Type: Commercial; Mixed; Professional/Office Ceiling: Dropped; Drywall Construction Materials: Brick Existing Lease Type: Other Parking Features: On Site Possession: Close Of Escrow; Negotiable Roof: Flat; Rubber Sale Includes: Building(s); Fixtures; Inventory; Land; Leases Sewer: Public Sewer Special Listing Conditions: Standard Tenant Pays: Common Area Maintenance Documents: Appraisal

Listing Office: Lifstyl Real Estate

Last Updated: December - 26 - 2025

Information deemed reliable but not guaranteed.