Germantown Bar, Restaurant, Event Space and More!
Retail-Commercial
for Sale
Also listed as Multi-Family, Vacant Land
| Catylist Listing ID: |
30869371 |
| Property Subtypes: |
Convenience Store, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Other
|
| Building Size (RSF): |
9,704 SF
|
| Gross Land Area: |
0.84 Acres
|
| Sale Price: |
$1,015,000 |
| Unit Price: |
$104.60 PSF |
| Property Use Type: |
Investment, Business |
| Building Name: |
The 21st in Germantown and Barrel Room |
| Usable Size (USF): |
9,704 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/22/2024 |
Overview / Comments
Incredible opportunity to purchase the "oldest bar in Louisville", the 21st Bar in Germantown and Barrel Room is truly a one of a kind opportunity. This two story building has been operating as a bar, restaurant and music venue for many years with several thousand poured into renovations to preserve it's historic nature while creating a fun venue for both locals and tourists. The first floor of the building includes a fully operational bar/ restaurant with courtyard/patio on one side, and a full music event space with another full bar on the other side. Further opportunity awaits on the second floor with a shell space to meet your buildout dreams. Potentially more bar/restaurant space, nightclub or event space or possibly apartment or Airbnb units? Whatever you desire, this space is a beautiful blank canvas full of windows and natural light, ready for a buyer's vision to be made reality.
Even better, this solid structure sits on 0.8443 acres on the corner of S. Shelby Street and E. Burnett Avenue and includes a massive off-street parking lot. A rare find in the heart of Germantown.
AND MORE....The Seller is including FF&E, inventory, liquor license (to be transferred by buyer) and goodwill in the business. Call today for more info! Amanda Helfrich, MAI, Homepage Realty, 502.807.7319
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Additional Details
| Nearest MSA: |
Louisville/Jefferson County |
| County: |
Jefferson |
| Taxing Authority: |
Jefferson County, City of Louisville |
| Tax ID/APN: |
026F00300000 |
| Zoning: |
C-1 - Commercial District |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Property Condition: |
Good |
| Year Built: |
1887 |
| Year Renovated: |
2020 |
| Parking Type: |
Surface |
| Parking Description: |
Off street gravel lot |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
23,526 |
148,556 |
323,823 |
| Median Age: |
35.56 |
35.73 |
36.96 |
| Households: |
11,372 |
66,070 |
140,211 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Kentucky Commercial Real Estate Alliance nor
Moody's assume any liability for errors or omissions.
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