Office / small retail

Office for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30814897
Property Subtypes: Office Building, Other
Building Size (RSF): 2,500 SF
Gross Land Area: 6,150 SF
Sale Price: $275,000
Unit Price: $110 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Business
Building Name: Pythian Dependents Widows and Orphans Aid Building
Class of Space: Class C
Usable Size (USF): 2,500 SF
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 5/13/2024

Overview / Comments

Note, subject location is within walking distance to the Hall of Justice, excellence location for attorneys, building has 7 to 8 parking spaces in the rear. Suitable location for small retail business due to the soon coming proposed project in the immediate area. Subject has been gutted for new renovation; See the enclosed existing floor plan. Note Fiber Optic is at street.

Note, the listing agent is the owner of 721 W Muhammad Ali Blvd.

The listing price has been reduced.

Note, the Greyhound bus station has moved, and demolition of the old building has begun.

Attachments & Media

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Taxing Authority: Jefferson Co
Tax ID/APN: 014J01580000
Zoning: C-2 - Commercial District
Property Located Between: Subject is located between 8th and 7th on Muhammad Ali Blvd
Property Visibility: Good
Highway Access: Yes
Site Description: Basically, a rectangle shape lot with 6150 sf.
Area Description: Downtown Louisville
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1966
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface
Parking Description: Asphalt parking rear of building 7 to 8 parking spaces.
Total Parking Spaces: 7
Sprinklers: None
Heat Type: Electricity, Natural Gas
Heat Source: Central
Air Conditioning: Other
Internet Access: Fiber Optic, Other
Interior Description: Gutted for renovations, some existing drywalls remain on second level.
Zoning Description: C-2 commercial office & retail use, etc
Lot Frontage: 50ft
Lot Depth: 123ft
Water Service: Municipal
Sewer Type: Storm
Land Ownership: Fee
Legal Description: See PVA records

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,843 138,695 296,603
Median Age: 34.5 35.46 36.91
Households: 6,550 60,230 128,182


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