350 Tierney Way, Winchester, KY 40391 (MLS# 1214384)

350 Tierney Way, Winchester, KY 40391

$906,000

Property Type: Commercial Sale Square Footage: 19,800 Lot Size (sq. ft.): 46,174 Status: Closed

Current Price: $906,000 List Date: 7/31/2012 Last Modified: 9/03/2025

Overview

Description

Great investment opportunity! Fully occupied warehouse with credit tenant who has operated here for 8 years. Generating NOI of $98,000 annually, 10% Cap Rate. Entire building is HVAC controlled.

Listing Details MLS# 1214384

Listing Information

Property Sub Type: Industrial

Status Change Information

Price Change Timestamp: 2015-08-28T15:38:13Z
Status Change Timestamp: 2015-08-28
Purchase Contract Date: 2015-06-24
Close Date: 2015-08-27
Close Price: 906000
Buyer Financing: Conventional
Sale Type: Arms Length Sale
Concessions Comments: No

Address

County: Clark
Street Number: 350
Street Name: Tierney
Street Suffix: Way
State: KY
Zip Code: 40391

Contract

Original List Price: 980000
Start Showing Date: 2012-07-30
Listing Contract Date: 2012-07-30
Listing Agreement: Exclusive Right To Sell
Occupant Type: Tenant
Office Exclusive YN: No
SP/LP: 0.92

Tax Legal

MLS Area Major: 007 - Clark County
Subdivision Name: Commercial

Interior

Living Area: 19800

More Information

Parking Information

Parking Total: 20

Building

Year Built: 2000
Stories Total: Yes

Lot

Lot Size Acres: 1.06
Lot Size Square Feet: 46173.64

Utilities

Cooling YN: Yes
Electricity Available: Yes
Natural Gas Available: Yes
Phone Available: Yes
Sewer Connected: Yes
Water Available: Yes

Remarks

Public Remarks: Great investment opportunity! Fully occupied warehouse with credit tenant who has operated here for 8 years. Generating NOI of $98,000 annually, 10% Cap Rate. Entire building is HVAC controlled.

Income and Expenses

Gross Scheduled Income: 103560
Real Estate Taxes: 5000

Tax & Legal

Tax Rate: 0.854
Zoning Description: Commercial
Directions: I-64 from Lexington to Winchester. Take first Winchester exit, turn left, go over the interstate. Turn left on Rockwell Road, right on Tierney Way approximately 1/2 mile.

Association/Community

Number Of Buildings: 1

Parking Features

On Site: Yes
Paved: Yes

Possession

Close Of Escrow: Yes

Business Type

Industrial: Yes

Docks

1-3 Docks: Yes

Tenant Pays

Exterior Maintenance: Yes
Insurance: Yes
Interior Maintenance: 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 Business Type: Industrial Docks: 1-3 Docks Parking Features: On Site; Paved Possession: Close Of Escrow Tenant Pays: Exterior Maintenance; Insurance; Interior Maintenance

Listing Office: The Gibson Company

Last Updated: September - 03 - 2025

Information deemed reliable but not guaranteed.