Catylist ID: #30860375
Duplex & Warehouse plus Vacant Lots
Multi-Family for Sale
|Catylist Listing ID:||30860375|
|Property Subtypes:||Duplex/Fourplex, Low-Rise/Garden, Mid-Rise, Mixed Use, Senior Living, Other|
|Number of Units:||3 Units|
|Building Size (RSF):||14,734 SF|
|Gross Land Area:||0.50 Acres|
|Unit Price:||$516,666.67 Per Unit|
|In Opportunity Zone?||Yes|
|Property Use Type:||Investment, Vacant/Owner-User, Business|
|Sale Terms:||Cash to Seller|
Overview / Comments
This property offers an exciting redevelopment opportunity on the edge of NULU in the Phoenix Hill Neighborhood.
The property consists of 6 total lots, with a renovated and furnished duplex 832 SF/unit and a 13,070 SF historic warehouse that is prime for a multi-family/mixed-use redevelopment project.
In addition to the buildings, the asking price includes .31 acres of vacant land zoned OR-2.
The duplex features a solid tenant base of medical professionals seeking close proximity to downtown Louisville's medical hub.
Currently, the warehouse is being utilized as a USDA-approved facility and storage for 2 companies that will vacate upon closing. With the OR-2 zoning, the warehouse could be converted to multifamily, office, and/or event space.
Please contact an agent for more information:
Dylan Gilezan - 502.648.7874
Cal Lewellyn - 502.905.2253
Sam Higdon - 502.235.0629
Attachments & Media
|Nearest MSA:||Louisville/Jefferson County|
|Zoning:||OR-2 - Office/Residential District|
|Property Located Between:||E Chesnut & S Campbell St|
|Highway Access:||I-64 & I-65|
|Airports:||Louisville International Airport - 7.1 miles|
|Site Description:||- 13,070 sqft warehouse with 3 vacant side lots. - With OR-2 Zoining the property can be utilized for short term rentals or up to 20 residential units given current area size. - The Warehouse has 3 garage doors - The steel and concrete block constructed warehouse was built to last. It includes a commercial kitchen, PVC & TPO roofs, as well as a designated office area. - Duplex brings in $3k a month, two 1BR apartments that rent for $1500 to travel nurses & other traveling professionals. Duplex purchase includes all furnishings.|
|Area Description:||Well positioned just outside the growing Nulu Corridor in the Phoenix Hill Neighborhood. Very close proximity to the downtown medical district.|
|Total Number of Buildings:||2|
|Number of Stories:||2|
|Construction/Siding:||Concrete, Vinyl Siding|
|Exterior Description:||Warehouse: steel and concrete block constructed with PVC & TPO roof Duplex: vinyl siding, shingle roof|
|Parking Description:||2 parking spots behind the units and street parking.|
|Total Parking Spaces:||2|
|Laundry:||In Each Unit|
|Proximity:||1 mile||3 miles||5 miles|
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