1140 Levee Road, Mt Sterling, KY 40353 (MLS# 23016072)

1140 Levee Road, Mt Sterling, KY 40353

$3,400,000

Virtual Tour

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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

Documents

Listing Office: Tom Goebel & Company

Last Updated: January - 22 - 2026

Information deemed reliable but not guaranteed.