Online Auction No Minimum Prime Commercial Real Estate Elizabethtown, KY

Property Location MAP

2031 Mulberry Street
Elizabethtown, KY 42701

Property #: TAA2515

Contact Agent

Justin Hampton
Tranzon Asset Advisors

270-734-1161 jhampton@tranzon.com

Online Auction – No Minimum – Prime Commercial Real Estate

  • Zoned C-3 Commercial (Property has never been offered to the buying public under recent rezoning to Commercial!)
  • Annexation Approval into the City limits of Elizabethtown
  • New Survey and Amended Plat Available
  • 0.482 +- Acres with existing brick residence containing Approximately 1,653 sq ft of finished space and offering over 2,000 sq ft of approximate total “under roof” square footage area.
  • Numerous Potential uses with the Existing Structure (Full list of C-3 Zoning uses available for download 24/7)
  • Buy for Investment, Owner/User, Income Producing Rental or Future Development in the Path of Progress!
  • Well Located less than 1/3 of a mile from Exit 94 off I-65.
  • Move in ready 3-bedroom Residence with Living Room and Full Kitchen area as well as updated HVAC system (natural gas heat)
  •  Established Concrete entrance off of US 62
  • Nearby businesses include: Dollar General, Super 8 Motel, Waffle House, , Marathon, Best Western Plus, White Castle, Quality Inn, Starbucks, Cracker Barrel, McDonalds, Chick-fil-a, Kroger, movie cinemas, putt putt amusement park and so many more well known established business names in close proximity.
  •  Final design plans from the Kentucky Transportation Cabinet I-65 & US –Roundabout Interchange which features a roundabout at each ramp. (work could begin as early as late 2025)
  • Established Growth in Elizabethtown, Ky Leading all other Counties in Growth
 
 
The fastest growing city in Kentucky! Located less than 1/3 of a mile from exit 94, the main I-65 on off ramp to and from Elizabethtown and in the booming area of newly constructed retailers, restaurants and amusements as well as a multitude of residential multi-family developments.
https://transportation.ky.gov/Planning/Planning%20Studies%20and%20Reports/US%2062%20Corridor%20Study_Final%20Report.pdf
 
Newly re-zoned C-3 Commercial real estate offering with potential income producing possibilities gives buyers the opportunity to purchase and hold while generating cashflow or start their commercial potential ventures in a versatile high traffic area.
 
Location, Location, Location! 
 
Over eight thousand vehicles pass the property per day generating a highly desirable location surrounded by established well known businesses. The C-3 Commercial zoning allowable uses offers a compelling investment incentive for the savvy investor who is looking to take advantage of such a pursued area of future expansion in the City Limits.
 
An accommodating .48+/- acre commercial lot with existing brick dwelling featuring over 1,600 sq.ft. of finished area offers the possibility of immediate returns in investments and could easily be the office space that fits the needs of your new or existing business.
 
Offered to the buying public for the first time as C-3 Commercial zoning through online auction, don’t miss your opportunity to buy this incredible income producing offering and take advantage of the development boom happening, RIGHT NOW!
 

Tranzon Asset Advisors, Edward D. Durnil, KY Auctioneer #259408/Broker #187998

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Justin Hampton

Justin Hampton: Tranzon Asset Advisors

270-734-1161 jhampton@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

Print Terms and Conditions

  • Buyer's Premium: 10% Buyers Premium based on the high bid.
  • Closing: 30-Day closing, sold in As-Is, Where-Is condition, no contingencies.
  • Deposit Amount: 10% deposit of the Total Sale Price in guaranteed funds.
  • Buyer Agent Compensation: 2% of the high bid will be paid to a properly registered buyer's agent at settlement.
  • Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
  • Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

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