Former Lodge Building For Sale With Parking In Old Louisville

Retail-Commercial for Sale
Catylist Listing ID: 30856532
Property Subtypes: Free-Standing Building
Building Size (RSF): 6,673 SF
Gross Land Area: 0.69 SF
Sale Price: $591,000
Unit Price: $88.57 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Usable Size (USF): 6,673 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/20/2023

Overview / Comments

Ideal opportunity to renovate this property for office or retail uses.
6,673 Square Feet
.69-acre site comprised of three (3) lots.
Corner Location
This offering includes 979 S. 2nd Street and 119 W. Kentucky Street
The building was originally constructed as a church. It has vaulted bead board ceilings with lots of natural light.
The building is currently leased, on a month-to-month lease, by the Louisville Leopard Percussionists.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 030E01530000
Zoning: PDD - Planned Development District
Retail Clientele: General, Business
Property Located Between: Between 1st and 2nd Streets
Property Visibility: Excellent
Feet of Frontage: 151
Site Description: Level site with off-street parking
Area Description: The site is located adjacent to the Spalding University Campus.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average
Year Built: 1900
Roof Type: Gable
Construction/Siding: Brick
Parking Type: Structure
Parking Description: Large area adjacent to the building to accommodate parking. The surface is comprised of concrete and asphalt, but is not stripped.
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Interior Description: The interior consists of a large sanctuary type room, one large meeting room, kitchen, a block addition on the front of the building for office, mezzanine storage and three restrooms.
Zoning Description: Planned Development which would allow office and retail uses and is located in the Traditional Neighborhood Form District.
Part of Planned Development?: Yes
Lot Frontage: 151
Lot Depth: 202
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Easements Description: Typical easements
Land Ownership: Spalding University, Inc.
Legal Description: Deed Book: 10782 Page: 0107

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 24,978 138,770 314,778
Median Age: 34.68 35.39 36.72
Households: 12,711 60,822 135,198


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