South Louisville Commercial Investment

Retail-Commercial for Sale
Catylist Listing ID: 30776165
Property Subtypes: Street Retail
Building Size (RSF): 2,600 SF
Gross Building Area: See Agent
Sale Price: $299,000
Unit Price: $115 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/23/2022

Overview / Comments

This 3 unit commercial building is located in a quality, mature area of South Louisville. The property is ideally situated on 3rd Street Road between Dixie Highway and the Gene Snyder interchange at Stonestreet Road.

There are presently three businesses on the property and the dental practice/owner is willing to leaseback its space for several years. Two other long-term tenants are also located in the property. Rents are presently under-market.

The property is surrounded by mature, stable singlefamily residential neighborhoods as well as long-term commercial users. UL Medical Center Southwest and JCTC Southwest campus are adjacent to the site. With excellent exposure and convenient parking at the door, this opportunity is ideal for an investor or an owner occupant who can eventually occupy space.

Attachments & Media

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 117401910000
Zoning: C-1 - Commercial District

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,018 61,972 135,162
Median Age: 43.35 38.79 37.98
Households: 2,702 24,214 53,729
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