1402 S 15th St 44,000 SF Flex Building Louisville, KY 40210 $1,884,492 CAD ($42.83 CAD/SF)

This business listing in Louisville, Ky. is for a thriving, consistent and verifiable storage business. It has a nice mix of interior and exterior storage. Outside you'll find 113 shipping containers. Inside you will find approximately 40 rooms, some rented as traditional storage, others used for other purposes and on the back dock you'll find 20 garage bays. It also has a completed recording studio. The lower section of the roof is brand new. The business produces approximately $324,000 in annual gross revenue and NOI of $231,000. The sales price is $1,350,000 (business only, building to be leased @ $10,000 a month (slightly negotiable) to buyer, unless a deal could be put together for the real estate to be included. The business has a very honest and capable office manager who works part time for $18,000/yr. Operations are tracked using verifiable books as well as online spreadsheets and ledgers. The owner is downsizing. Seller will provide 90 days of training and transition support to ensure a seamless handover. This opportunity offers a stable, recurring-revenue business with clear financial transparency and operational success. The property has 3 very nicely upgraded offices as well as 2 bathrooms in the office area as well as one public restroom upstairs. A couple of the attached photos are from over 20 years ago. This listing is being listed by the owner/agent. It includes the business and 113 containers valued at $3000 each. The real estate would be leased NNN, owner financed or sold separately.