USPS Properties For Sale

311 E. 11th Avenue

ID #:475753
See Description for Pricing
311 E. 11th Avenue
Bowling Green, KY 42101 United States
In Contract

Presented By:

Hayes McWilliams CBRE, Inc.

Phone: 615-493-9223
Email: hayes.mcwilliams@cbre.com
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Property Details

No cooperating brokerage commission shall be paid by the USPS or CBRE. Buyer's Broker, if any, shall seek commission compensation from the Buyer only.

The USPS expressly reserves the right, at its sole discretion, to reject any or all expressions of interest or offers to purchase the property (the “Property”), and/or terminate discussions with any entity at any time with or without notice. The USPS shall have no legal commitment or obligation to any entity reviewing the marketing materials or making an offer to purchase the Property unless and until written agreement(s) for the purchase of the Property have been fully executed, delivered and approved by the USPS, and any conditions to the USPS's obligations have been satisfied or waived.

 CBRE, Inc. operates within a global family of companies with many subsidiaries and/or related entities (each an "Affiliate") engaging in a broad range of commercial real estate businesses including, but not limited to, brokerage services, property and facilities management, valuation, investment fund management and development. At times different Affiliates may represent various clients with competing interests in the same transaction. For example, this information may be received by our Affiliates, including CBRE Investors, Inc. or Trammell Crow Company. Those, or other, Affiliates may express an interest in the Property described and may submit an offer to purchase the Property and may be the successful bidder for the Property. You hereby acknowledge that possibility and agree that neither CBRE, Inc. nor any involved Affiliate will have any obligation to disclose to you the involvement of any Affiliate in the sale or purchase of the Property. In all instances, however, CBRE, Inc. will act in the best interest of the client(s) it represents in the transaction and will not act in concert with or otherwise conduct its business in a way that benefits any Affiliate to the detriment of any other offeror or prospective offeror, but rather will conduct its business in a manner consistent with the law and any fiduciary duties owed to the client(s) it represents in the transaction.

 The information pertaining to the Property does not purport to be a representation of the state of affairs of the Property or to be all-inclusive or to contain all or part of the information which prospective purchasers may require to evaluate a purchase of real property. All financial projections and information are provided for general reference purposes only and are based on assumptions relating to the general economy, market conditions, competition and other factors beyond the control of the USPS and CBRE, Inc. Therefore, all projections, assumptions and other information provided and made are subject to material variation. All references to acreages, square footages, and other measurements are approximations. Interested parties are expected to review all information and other documents of whatever nature independently and not rely on any other information provided.

 Neither the USPS or CBRE, Inc., nor any of their respective directors, officers, Affiliates or representatives make any representation or warranty, expressed or implied, as to the accuracy or completeness of this information or any of its contents, and no legal commitment or obligation shall arise by reason of your receipt of this information or use of its contents; and you are to rely solely on your investigations and inspections of the Property in evaluating a possible purchase of the real property.

Restrooms: 2
Year Built: 1962
Lot Size: 103,673 SF
Type: Special Purpose
Parking Spaces: 123
Zoning: GB - General Business
Building Sq Ft: 40,049
Available Sq Ft: 40,049
Total Stories: 1
Floor Location: 1
Current Occupancy: Occupied

Description:

NEW OFFERING 

CBRE is please to bring to the market 311 E. 11th Ave. in Bowling Green, KY.

This downtown site of approximately 2.38 acres is located in the heart of the emerging downtown commercial core, and is improved with an approximately 40,059 SF single story retail/flex/office/warehouse building.  The site's current zoning of General Business (GB) allows for a wide variety of uses, including office, retail, residential, mixed-use, institutional and public uses.  This zoning flexibility correlates well with the flexibility offered by the building's combination of retail road frontage, large interior work areas and loading/distribution capabilities.  There are 123 on-site parking spaces.  The building has 3 loading docks (2 dock-high and 1 at grade).

The building was built for the USPS in 1962 and was expanded to its current configuration in 1978.

The marketing flyer can be found under the "Downloads" tab.

This property is being offered without an asking price.  Interested parties are encouraged to find as much value as possible in this strategically located property with its multitude of adaptive re-use possibilities.

The USPS will start reviewing Offers for this property after the stipulated marketing period, which  ends Thursday, August 11, 2016. 

For additional information and to schedule tours of the property, please contact:

Hayes McWilliams 

CBRE

Telephone:  615-493-9223

Email:  hayes.mcwilliams@cbre.com

or

Rob Carpenter

CBRE

Telephone:  615-248-5949

Email:  rob.carpenter@cbre.com 

 

 

Current Use:Institutional/Governmental
Building Type: Flex space

Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in. All information is deemed reliable but its accuracy is not guaranteed and the viewer should independently verify all information.

CBRE
www.uspspropertiesforsale.com