1405 Gillock Avenue, Carrollton, KY 41008

$170,000.00
  • 1405 Gillock Avenue, Carrollton, KY 41008 Main Photo

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New to the Market Active
MLS#640521
STATUS PROPERTY TYPECommercial - Office

Property Description

Investors, dont miss this prime investment opportunity in Carrollton, KY. This commercial property is currently in the 2nd year of a 5-year lease with annual 2 percent rent escalations (2026 lease amount: $1,530/month), providing reliable and growing income. Tenant pays utilities, lawn care, and snow removal, while the landlord covers taxes and insurance (Modified Gross Lease), helping keep ownership responsibilities minimal. The current tenant operates a therapy office, while past tenants have successfully used the space as a tanning salon, demonstrating the propertys versatility. The flexible layout is well-suited for professional offices, wellness services, or retail use. A large parking lot provides ample off-street parking for clients and customers. The lower level adds value with space ideal for storage or future build-out to expand usable square footage. Two separate entrances offer potential to partition the property for additional leasing opportunities. Located in a thriving area of Carrollton, this property offers investors stable income today with upside potential for the future. Buyer to verify all information. Seller is related to listing agent.

Property Features

Property Type: Commercial - Office
Basement: Yes
Basement: Full
Cooling: Zoned
Days on Market: 3
Heating: Heat Pump
Lot Size: 0.14 Acres
Roof Type: Metal
Stories: 2.0
Year Built: 2010

Feature Descriptions

Business Type: Other, Business, Child Care, Commercial, Dental, Hair Care, Medical, Professional Service, Professional/Office, Retail
Exterior: Block, Metal Siding
Exterior: Lighting
Flooring: Vinyl
Foundation: Block
Lot Dimensions: Of Record
Owner Pays: Taxes
Parcel Number: C3-22-03
Parking: Parking Lot
Property Condition: Existing Structure
Road Frontage: City Street
Road Surface: Asphalt
Sewer: Public Sewer
Sub Type: Office
Tenant Pays: All Utilities, Common Area Maintenance
Water: Public

Listed By / Shown By

Listed By

Agency Name: Pivot Realty Group
Agency Phone: 859-578-8111

Shown By

Agency Title: Koogler-Eyre Realtors
Agency Phone: 513-753-9660

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