Catylist ID:
#30819178
The Marmaduke Building FOR SALE
Office
for Sale
Also listed as Multi-Family
| Catylist Listing ID: | 30819178 |
| Property Subtypes: | Mixed Use, Net Leased, Office Building |
| Building Size (RSF): | 30,875 SF |
| Gross Building Area: | See Agent |
| Sale Price: | $2,550,000 |
| Unit Price: | $82.59 PSF |
| In Opportunity Zone? | Yes |
| Property Use Type: | Investment, Vacant/Owner-User |
| Class of Space: | Class B |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 3/12/2023 |
Overview / Comments
|
Now available for sale, the Marmaduke Building is an historic Downtown Louisville opportunity. The property is comprised of approxiately 32,000 SF on 5 floors. It contains various retail and office tenants, but could also be a prime redevelopment opportunity to apartments or Airbnb’s. The property is located in the heart of downtown 4th Street, directly adjacent to the iconic Seelbach Hotel, which is going through major and upgrades. It is also near other recent hotel and apartment developments, and steps from the shopping and restaurants of Fourth Street Live. Originally constructed in 1885 and currently on the National Register of Historic Places, this offering is an excellent opportunity for a historical tax credit or Opportunity Zone project. With the explosion of bourbonism and strong convention market, now is the time to invest in Downtown Louisville with this rare opportunity. Property Highlights: > Historically significant; built circa 1885 > Located in an Opportunity Zone, ideal for Airbnb or apartment conversion > Adjacent to the Seelbach Hotel & steps from Fouth Street Live |
Attachments & Media
Additional Details
| Nearest MSA: | Louisville/Jefferson County |
| County: | Jefferson |
| Tax ID/APN: | 013E00970000 |
| Zoning: | C-3 - Commercial District |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 17,071 | 138,042 | 300,499 |
| Median Age: | 34.91 | 35.34 | 37.05 |
| Households: | 7,391 | 60,232 | 130,069 |
Contact
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