Shelby Park Redevelopment Project

Office for Sale
Catylist Listing ID: 30795854
Property Subtypes: Office Building, Other
Building Size (RSF): 5,100 SF
Gross Building Area: See Agent
Sale Price: $475,000
Unit Price: $93.14 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User, Business
Class of Space: Class C
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/29/2023

Overview / Comments

Super redevelopment project consisting of a large stone and block building next to Trouble Bar and across the street from Square Cut Pizza. Near the corner of Shelby and Oak. Two electric meters. Office space in front with large warehouse in rear. Could have plenty of off-street parking as well if reconfigured. NOTE: Approximately 3900 square feet of the total is under roof. The other approximately 1200 square feet has 16-high concrete block walls but is not roofed.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 025A00080000/025A00070000
Zoning: OR-2 - Office/Residential District
Property Located Between: Near corner of Shelby and Oak
Property Visibility: Good
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1963
Construction/Siding: Block, Stone
Parking Type: Surface
Zoning Description: OR-2
Lot Frontage: 75
Lot Depth: 180
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 23,651 146,162 328,053
Median Age: 35.77 35.72 36.97
Households: 11,689 65,280 141,889

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