Catylist ID:
#30814897
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: | 4/16/2024 |
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 enclosed existing floor plan. Note Fiber Optic is at street. Note, listing agent is the owner of 721 W Muhammad Ali Blvd. Listing price has been reduced. Note, the Greyhound bus station has moved, demolition of the old building should occur soon! |
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 |
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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