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1305 Seaton Ave 28,000 SF Industrial Building Greenup, KY 41144 $1,814,306 CAD ($64.80 CAD/SF)

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Investment Highlights

Offering 4.53 acres
Well-known Kinner Lumber operation for many years, this versatile property is ideally suited for a wide range of commercial, retail, distribution

For buyers interested in continuing a successful, long-established business, the operating business may be purchased separately

Executive Summary

Exceptional commercial property offering @4.53 acres in a highly visible and accessible location on US 23 in Greenup, Kentucky. Home to the well-known Kinner Lumber operation for many years, this versatile property is ideally suited for a wide range of commercial, retail, distribution, service-related businesses. The main retail building features approx. 8400 sq. ft. including 3 private offices, 5 restrooms, and a spacious break room/kitchen. Attached to the retail space is @14,000 sq. ft. of warehouse with an additional break room and bath. A separate 5,600 sq. ft. building currently operates as a woodworking shop offering additional flexibility for fabrication, specialty trades, or expansion opportunities. The property also includes multiple open storage sheds, several with 2 level storage capabilities, large lay-down yard space and fencing. Strategically located with direct frontage on US 23 and convenient access to the Industrial Parkway, Route 1, Route 2, and the AA Highway, this property provides outstanding connectivity. Whether you're seeking a new location for your growing business, an investment opportunity, or a turnkey operation, this property delivers unmatched potential. For buyers interested in continuing a successful, long-established business, the operating business may be purchased separately. The listing is for the real estate only. With its combination of acreage, buildings, infrastructure, location, and flexibility, opportunities like this are rare. Let's discuss how this property can be tailored to meet your business goals.

Property Facts

Price	$1,814,306 CAD	Rentable Building Area	28,000 SF
Price Per SF	$64.80 CAD	No. Stories	1
Sale Type	Investment or Owner User	Year Built	1968
Property Type	Industrial	Tenancy	Single
Property Subtype	Warehouse	Parking Ratio	0.71/1,000 SF
Building Class	B	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size	5.09 AC

Price	$1,814,306 CAD
Price Per SF	$64.80 CAD
Sale Type	Investment or Owner User
Property Type	Industrial
Property Subtype	Warehouse
Building Class	B
Lot Size	5.09 AC
Rentable Building Area	28,000 SF
No. Stories	1
Year Built	1968
Tenancy	Single
Parking Ratio	0.71/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Major Tenants

Retailer
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Do it Best began as Hardware Wholesalers, Inc. in 1945, when Arnold Gerberding and a group of independent hardware and building materials dealers formed a cooperative. The company operates as a member-owned buying cooperative focused on hardware, lumber, building materials, and home improvement merchandise for independent retailers. Product coverage spans tools, lawn and garden goods, apparel, and other home improvement categories sold through member stores and online channels. Do it Best has also expanded through rebranding and merger activity while continuing to support a broad network of home improvement businesses.