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: 1/25/2023

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

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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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