2.0 Acres of Prime Land in Butchertown for Sale

Vacant Land for Sale
Also listed as Retail-Commercial, Multi-Family
Catylist Listing ID: 30631709
Property Subtypes: Hospitality, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 2 Acres
Sale Price: $1,890,000
Unit Price: $945,000 Per Acre
In Opportunity Zone? Yes
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/27/2020

Overview / Comments

**Check out the listing video for all of the amazing drone views of the property and downtown Louisville, Ohio river and new soccer stadium!**

This prime development site features 2.0-acres of land, located in Butchertown, ADJACENT TO the new Louisville City FC Soccer Stadium that is under construction and is in the OPPORTUNITY ZONE! This property features fantastic Interstate (I-64 and I-71) frontage and exposure with gorgeous views of the Ohio River and downtown Louisville. The property offers dual frontage and access from both Adams and Quincy Streets. It is zoned is EZ-1, which accommodates several potential uses such as apartments, condos, retail, office, self-storage, hospitality, hotel, restaurant, bar, distillery, or mixed use. The property abuts the east side of the new stadium project which will be a HUB of new development activity in the area!

Some existing shell type structures are onsite and generating short term/ interim income. Clean Phase I Environmental available upon request.

Butchertown is up one of Louisville's hottest sub-markets with the well known trendy spots including Work the Metal, Copper and Kings, Bourbon Barrel Foods, Butchertown Grocery, the new Main and Clay apartments, planned microbrewery and other retail shops, galleries, bars and restaurants.

Please review the attached Offering Memorandum for more information and call the agent for further details! Buyer to confirm zoning, site size, floodplain, utilities and all other property information. All information included in this listing is assumed to be accurate but cannot be guaranteed.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Taxing Authority: Urban Services District
Tax ID/APN: Multiple parcels
Zoning: EZ-1 - Enterprise Zone District
Property Visibility: Excellent
Traffic/Vehicle Count: 80,000
Highway Access: Less than 0.25 miles away
Area Description: Opportunity Zone, Butchertown
Zoning Description: Variety of uses permitted including apartments, self-storage, hotel, condominium/ single-family, retail, restaurant, office and more.
In Flood Plain?: Yes
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,033 115,434 304,850
Median Age: 37.95 36.64 37.71
Households: 4,037 52,911 134,084

Contact

Photograph of Listing Agent

Amanda Helfrich

Homepage Realty KCREA Member
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