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POSSIBLE USES
Potential river barge docking site, scrap metals yard, river boat dock to ferry people to the casino and downtown Louisville or keep as salvage yard and used car sales lot and many more.
Selling an existing salvage yard and four adjoining properties all with Ohio River frontage. Approximately 400 + feet of Ohio River Frontage on the salvage yard tract alone. The 2.86 acre licensed salvage yard has been in operation for over 65 years and is zoned 3M (Heavy Industrial). Additional properties that have been added to this sale are zoned residential and would require re-zoning if used other than as currently zoned. Existing salvage yards are hard to find, especially any located on a major river thoroughfare such as the Ohio River. This site would be perfect to load directly onty Ohio River barges if permitted. Initial consultations with the US Army Corps of Engineers indicate that from their concern, there should not be any issues with the river in building a barge landing.
This property is in the flood zone and any new structures to be built must conform to current building codes. Total acreage available ata this auction is 5.75 acres. The above picture is from Google Earth and is not current particularly as it pertains to the inventory of cars. Inventory on site day of auction will be sold however, the inventory seen in this picture is not actual.
This property, although it has a West Point KY address, is located in Jefferson County (Louisville), KY. If you wish to view the property in Google Earth, use the address 16050 Dixie Hwy West Point KY to find it and use the street view. NOTE: .
TERMS AND CONDITIONS: All tracts will be offered individually and with the right to group. The salvage yard (2.86 acres) is Tract 1. The adjoining tract to the north (.81 acre) is Tract 3, is a vacant lot and is zoned residential. Tract 2 (.86 acre) is zoned residential and has a 1 bedroom house. TRACTS 4 AND 5 NO LONGER AVAILABLE. Buyer to pay $20,000 day of sale for the salvage yard (Tract 1), $2,000 each for Tracts 2 and 3 and $5,000 each for Tracts 4 and 5 with the balance due on all properties within 30 days. Possession to be the date of the deed, 2009 taxes prorated. All properties to be sold AS IS with no warranties or guarantees from the seller or Action Auction Co. Inc. Potential buyers may conduct any inspections necessary, to include environmental, prior to auction date - Call for an appointment to gain access to properties. Potential buyers should check with Louisville Planning and Development if zoning changes are contemplated.
For more information, call Steve Walton, Auctioneer, at (270) 351-4400 or toll free at 1-888-273-8490.