Auction Items For Sale
Well located, visible corner lot in Church Hill3s opportunity zone #51760020200. Tax incentives available. Sturdy block building originally built as auto dealership. Be a part of the tremendous rehabilitation and improvement ongoing in the northern Church Hill area. Property is only five blocks from RRHA’s soon to be completed $26MM mixed use, grocery-anchored community development, three blocks from the Creighton Court redevelopment site (at I-64) and two blocks from the in-process Armstrong High School redevelopment site. (Below please find links to these exciting revitalization initiatives which are changing the face of North Church Hill and the Nine Mile Road commercial corridor).
The auction property currently houses 2 tenants:
Auto Body/Paint Shop tenant 3+ years pays $2,000/mo
Retail/C-Store tenant pays $250/wk
Total gross annual rents: $37,000
Please respect the privacy of the tenants. PLEASE NOTE the auction is being held off-site at a nearby location.
Parcel ID#: E000-0952-023 2018
Tax Assessment: $150,000
2018 Annual Taxes: $1,800
Building Size: +/-4,640 SF per tax record
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