Catylist ID: #30786936
Central Louisville Value Add In Opportunity Zone
Retail-Commercial for Sale
|Catylist Listing ID:||30786936|
|Building Size (RSF):||8,838 SF|
|Gross Building Area:||See Agent|
|Unit Price:||$45.26 PSF|
|In Opportunity Zone?||Yes|
|Property Use Type:||Investment|
|Sale Terms:||Cash to Seller|
Overview / Comments
This is a value-add opportunity in a high traffic, central location close to UofL, Cardinal Stadium, and Churchill Downs. It contains a total of 8,838 sf and has been demoed into shell condition with new utility service, roof and windows.
Priced to sell at only $45.00 psf, this presents the opportunity for either an owner occupant or a commercial or multifamily investor who can complete the project.
The surrounding area is stable and mature but is also experiencing constant growth with new student housing and continued expansion by UofL. The property could also be purchased with the adjoined listing at 2621 S 4th Street.
-8,838 total sf with significant infrastructure work already performed
-Flexible EZ-1 zoning
-Centrally located near UofL and Churchill Downs
-Great for investor or owner occupant seeking
-Priced at only $45 psf- Opportunity Zone
|Nearest MSA:||Louisville/Jefferson County|
|Zoning:||EZ-1 - Enterprise Zone District|
|Proximity:||1 mile||3 miles||5 miles|
Reed B WeinbergPRG Commercial Property Advisors KCREA Member
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