Catylist ID:
#30706506
PUBLISHED MINIMUM BID AUCTION-$350,000.00
Office
for Sale
Auction
Also listed as Retail-Commercial, Special Purpose
| Catylist Listing ID: | 30706506 |
| Property Subtypes: | Medical, Mixed Use, Office Building |
| Building Size (RSF): | 26,749 SF |
| Gross Building Area: | 40,572 SF |
| Gross Land Area: | 0.76 Acres |
| Sale Price: | See Agent |
| In Opportunity Zone? | Yes |
| Property Use Type: | Vacant/Owner-User |
| Class of Space: | Class C |
| Sale Terms: | Undisclosed, Cash to Seller |
| Up For Auction: | Yes |
| Auction Type: | Disclosed Reserve |
| Auction Reserve Amount: | 350,000 |
| Auction License Number: | 851 |
| Cap Rate: | Undisclosed |
| Last Updated: | 2/24/2021 |
Overview / Comments
|
PUBLISHED MINIMUM BID-$350,000.00 (Previously listed over a $1M) ONLINE ONLY-www.BidKentucky.com 228-232 East Jacob Street, Louisville, KY Bidding ends on Thursday, March 18, 4:00pm www.bidkentucky.com C-2 Property located in OPPORTUNITY ZONE. Great development opportunity! Property is approximately 40,500 total SF with 13,800 SF in the lower level and is situated on approximately ¾ of an acre and benefits from a fantastic location close to the Central Business District, NULU and hospitals. The large open space provides creative ability to repurpose the use. Mixed uses could include, Lofts, Offices, Multi-Family, Gallery, Medical, Music Venue, Event Space, Hotel and of course, Church. C-2 zoning permits a wide range of users. Located within the Qualified Opportunity Zone (Tract # 21111006200) with historical tax credits available, this property is ideal for any investor. Seller has pastored there since the 1970's and is ready for the next chapter. Desire to close quickly, gives you opportunity for a great investment with plenty of upside. OPEN HOUSES: Wednesday, March 10, 12:00-2:00pm & Wednesday, March 17, 12:00-2:00pm |
Attachments & Media
Additional Details
| Nearest MSA: | Louisville/Jefferson County |
| County: | Jefferson |
| Tax ID/APN: | 030B00190000 |
| Zoning: | C-2 - Commercial District |
| Property Visibility: | Good |
| Highway Access: | I-65 |
| Airports: | SDF - Louisville International |
| Total Number of Buildings: | 1 |
| Number of Stories: | 3 |
| Year Built: | 1900 |
| Parking Type: | Surface |
| Zoning Description: | C-2 |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Land Ownership: | Fee Simple |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 20,875 | 138,374 | 320,609 |
| Median Age: | 37.44 | 35.56 | 37.04 |
| Households: | 10,694 | 61,692 | 138,482 |
Contact
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