151 Hanger Circle , Richmond, KY 40475(Madison County)

For Sale: Industrial building located in the Richmond Industrial Park in the northwestern portion of Richmond. Former production facility for speciality parts required by range of manufactures- including screws and a broad range of cylindrical parts. The property is being conveyed with all manufacturing equipment, which can be utilized by Purchaser or sold creating an opportunity for a lower cost basis. The 23,812 square foot building sits on 6.5 acres with approximately 2 acres of surplus land for potential expansion. Building Breakdown: 2,870 SF of general office and lab space, 4,340 SF of climate controlled manufacturing space with the remaining 16,602 SF being general manufacturing warehouse. The property is located approximately 4 minutes off Interstate 75 on the north side of Richmond, Kentucky. In the immediate vicinity, the City of Richmond has broke ground on a $52 million dollar sports complex with an anticipated completion date in 2026, which will undoubtedly bring a high volume of new traffic to the area. Please note: This property is in receivership and is subject to Order(s) entered in the Madison Circuit Court, Division 1, Case No. 25-CI-00157 and the information contained herein is believed to be true and accurate, provided, however, no representations or warranties of any kind are made hereby and the recipient hereof is relying exclusively on its own due diligence. Purchaser acknowledges that Receiver is selling the property pursuant to an order of Civil Court and the Receiver has had no involvement in the development, entitlement or construction of the Premises. Notwithstanding anything to the contrary, herein contained, Purchaser expressly understands, acknowledges and agrees that the conveyance of the Property shall be made by the Receiver to Purchaser on an "as is, where is" basis, and "with all faults," and Purchaser acknowledges that Purchaser has agreed to buy the Property in its present condition and that Purchaser is relying solely on its own examination and inspections of the Property and not on any materials or information (including but not limited to any environmental reports, investigations, or assessments) furnished or statements or representations made, by Receiver or any agents or representatives of the Receiver, expect as otherwise specifically set forth herein. Purchaser hereby acknowledges that, except as otherwise specified herein, Receiver makes no warranty or representation, expressed, or implied, or arising by operation of law, including but not in any way limited to, any warranty condition, habitability, merchantability, or fitness for a particular purpose of the Property or any portion thereof, or with respect to the economical, functional, environmental, or physical condition, compliance with all applicable laws, ordinances and regulation, or any other aspect, of or affecting the Property. As required by KREC regulations, let it be known that the Receiver, Mark Rubin, is also the licensed Broker for Urban Groupe, the listing company for the Property.

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