Nelligan Hall for sale!

Retail-Commercial for Sale
Catylist Listing ID: 30061174
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 4,309 SF
Gross Land Area: 0.10 Acres
Sale Price: $99,900
Unit Price: $23.18 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Usable Size (USF): 4,309 SF
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 7/16/2017

Overview / Comments

Thought to have been built in 1880, historic Nelligan Hall appears in
records to have begun as the Globe Vaudeville Theater. In the 1930's
the building was adopted as Democratic Campaign Headquarters in the
area and was the longtime home of the North End Social Club. According
to Portland Museum Executive Director, Natalie Andrews, a common
saying in the neighborhood was, "If you want something done in
Portland, you HAVE to go through Nelligan Hall."
The 4,309 sf building, located in the middle of the Portland
Neighborhood, and directly adjacent to the Falls of the Ohio and
Shippingport Island also happens to be 8 blocks west of Fort-on-Shore,
Louisville's first settlement founded by General George Rogers Clark
in 1778.
Nelligan currently features a stage, a DJ booth, an old fashioned bar,
a commercial kitchen, and a large open space. There is also a 501 (c)3
non-profit organization associated with the building called the "North
End Social Club" which is eligible to apply for a license to serve
alcohol. Nelligan is located in an area that is on the verge of
becoming a very popular part of town. With other art spaces popping up
in Louisville's oldest neighborhood, the stage is set for positive
neighborhood revitalization. Become a part of Portland!
Over the last several years, the current owners, whom are visual
artists and cultural movers and shakers have repaired compromised
areas of the building, and maintained rent-able art studios and band
practice space, giving the old building a whole new life, which has
brought the Hall's legacy in the community to a whole new generation.
The artists and other neighborhood leaders collectively bought the
building in 2005 intending to restore the hall to its original
prominent role in the Portland Neighborhood. Good old-fashioned hard
work and the help of friends have transformed Nelligan Hall into a
soulful artists' and musicians' space. The dozens of shows that have
taken place over the last 10 years have been great as well.
This would be perfect space for art fabrication, music venue, flea
market, church, event hall, social club and sooo much more!

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Taxing Authority: City of Louisville
Tax ID/APN: 004E00930000
Zoning: C-1 - Commercial District
Retail Clientele: General, Business, Recreation, Other
Property Located Between: 22nd Street off Exit 1-64
Property Visibility: Excellent
Largest Nearby Street: 22nd Street
Highway Access: I-64
Total Number of Buildings: 1
Property Condition: Good
Year Built: 1880
Roof Type: Gable
Construction/Siding: Wood Frame
Parking Type: Surface, Other
Parking Description: street parking
Sprinklers: None
Heat Type: Natural Gas, Propane, Space Heaters, Suspended Radiant Heaters
Heat Source: Central, Wall Units
Zoning Description: C-1
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: fee simple
Legal Description: parcel 004E00930000

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,440 124,682 270,000
Median Age: 32.37 35.67 36.76
Households: 5,028 53,272 116,583

Source

© Copyright Kentucky Commercial Real Estate Alliance. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.