Central Louisville Multi-Tenant Investment

Retail-Commercial for Sale
Catylist Listing ID: 30786937
Building Size (RSF): 5,800 SF
Gross Building Area: See Agent
Sale Price: $400,000
Unit Price: $68.97 PSF
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/20/2022

Overview / Comments

This is a multi-tenant commercial property located in close proximity to UofL, Cardinal Stadium, and Churchill Downs. It contains approximately 5,800 sf with three tenants and one present vacancy.

The building is easily leasable to multiple tenants and caters well to small business users seeking a convenient, central location. Parking is located right at the door.

The surrounding area is stable and mature but is also experiencing constant growth with new student housing and continued expansion by UofL. This listing could be purchased with the adjacent building at 317 Winkler, which is also on the market.

-5,800 total sf multi tenant building
-Flexible EZ-1 zoning
-Centrally located near UofL and Churchill Downs
-Great for investor or owner occupant seeking ancillary income

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 050C00040000
Zoning: EZ-1 - Enterprise Zone District

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,779 145,003 303,266
Median Age: 30.19 35.44 36.74
Households: 6,193 63,119 129,949
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