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640 Jericho Rd

La Grange, KY
Total Size
5,750 sqft
Zoning
Year Constructed
0
Year Renovated
0
Building Class
Class B

About 640 Jericho Rd

This flexible property, located at 640 Jericho Road in La Grange, is currently being operated as a 12-bed assisted living facility. However, it could be converted to a different use, including traditional office or medical use. The building was constructed in 2003, and is located just outside of the historic area of Downtown La Grange, a bedroom community of Greater Louisville. The building is 5,750 sf, and contains a large living room area with 14 foot vaulted ceilings, kitchen, dining room and common area bathrooms and office area. The individual rooms contain bathrooms. The current layout, which includes plumbing in each individual bedroom, make the property easily convertible to a medical office use. A buyer could also maintain the existing use as an assisted-living facility. It presents an opportunity for an existing operator that is looking to add to their current footprint, or an investor making their foray into the business.

The property is located in a convenient location with close access to historic Downtown La Grange, as well as the more recently developed commercial area with access to I-71.

PROPERTY HIGHLIGHTS -2003 construction; flexible building currently used as 12 bed assisted living facility; could be converted to medical or office use. -Located just outside historic Downtown La Grange; easy access to I-71 -Excellent opportunity for existing operator, or medical/ traditional office conversion - Class of space: Class B

Internet Providers for 640 Jericho Rd

Provider Technology Max Download Speed Max Upload Speed
Time Warner Cable Cable
100 Mb/s
6 Mb/s
TOAST.net DSL
25 Mb/s
3 Mb/s
AT&T Kentucky DSL
25 Mb/s
3 Mb/s

The City: La Grange

The typical asking rate per listing is in the $10's per square foot per year. The La Grange submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $17 per sqft per year. That's a Inf% rise in rent.

Median Rate Median Size
La Grange $17
/sqft/yr
4,340
sqft

Median Rate over Time in La Grange