Beautifully Converted Office Space for Sale
Office
for Sale
| Catylist Listing ID: |
30826598 |
| Property Subtypes: |
Mixed Use, Office Building
|
| Building Size (RSF): |
2,946 SF
|
| Sale Price: |
$375,000 |
| Unit Price: |
$127.29 PSF |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment, Vacant/Owner-User |
| Building Name: |
Portland House |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/31/2023 |
Overview / Comments
This historic Italianate-style structure has been lovingly restored and converted into office space. As a two-year restoration process nears completion, you have the opportunity to purchase Portland House now and execute your own final touches, or negotiate a completion punch list as part of your purchase agreement.
With abundant natural light, gleaming original hardwood floors, and loads of preserved details and charm, the current owner saved much of this historic building, originally a residence, while developing it for a new commercial chapter.
Suited for an individual or multiple users, Portland House offers five individual office suites and a full kitchen in the heart of Portland Avenue's commercial and retail district.
|
Additional Details
| Nearest MSA: |
Louisville/Jefferson County |
| County: |
Jefferson |
| Tax ID/APN: |
005F02130000 |
| Zoning: |
C-1 - Commercial District |
| Property Visibility: |
Excellent |
| Highway Access: |
I-64 to 22nd Street |
| Airports: |
SDF |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Typical SF / Floor: |
1,473 SF |
| Year Built: |
1875 |
| Year Renovated: |
2022 |
| Roof Type: |
Hip |
| Construction/Siding: |
Brick |
| Sprinklers: |
None |
| Heat Type: |
Natural Gas |
| Heat Source: |
Central |
| Air Conditioning: |
Other |
| Zoning Description: |
C-1 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
11,241 |
116,428 |
255,983 |
| Median Age: |
33.16 |
35.69 |
36.72 |
| Households: |
4,163 |
49,166 |
110,378 |
|
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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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