1124 Logan St in the Shelby Park Market Place
Retail-Commercial
for Sale
Catylist Listing ID: |
30790517 |
Property Subtypes: |
Convenience Store, Day Care Facility, Free-Standing Building, Mixed Use, Restaurant, Retail-Pad
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Building Size (RSF): |
4,649 SF
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Gross Building Area: |
5,561 SF |
Gross Land Area: |
0.36 Acres
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Sale Price: |
$685,000 |
Unit Price: |
$147.34 PSF |
In Opportunity Zone? |
Yes |
Property Use Type: |
Business |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
8/12/2022 |
Overview / Comments
Located on a signalized corner near the Logan Street Market Place in Shelby Park, this 5,500 sq ft building zoned OR2 and in the Enterprise zone for additional commercial 1 & 2 uses is available. In addition to the main building sq footage is a 900 sq ft basement and a 912 sq ft ancillary building which has many uses. The entire corner has 3 egress/ingress points, 30+ parking spaces and is mainly fenced with gates. Current use has been counseling/therapeutic offices and transitional housing. Please refer to additional uses in the LDC regs for OR2, C-1, C-2 pp 104-107 and pp 117-121 within the Enterprise Overlay. Within the building are 6 bathrooms, kitchen, offices, transitional living units, conference rooms and is sprinklered with an approved City of Louisville Fire Escape/Stairwell. Current License can transfer to buyer at closing.
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Additional Details
Nearest MSA: |
Louisville/Jefferson County |
County: |
Jefferson |
Tax ID/APN: |
025A00380147 |
Zoning: |
OR-2 - Office/Residential District |
Retail Clientele: |
Business |
Property Located Between: |
Corner of Logan St & Mary St at Shelby Park & Logan Marketplace |
Feet of Frontage: |
292 |
Highway Access: |
Near Interstate |
Site Description: |
Level corner lot with 3 access points from streets and a signalized corner |
Area Description: |
Located in the same block of Logan St Marketplace in the revitalized Shelby Park |
Total Number of Buildings: |
2 |
Number of Stories: |
3 |
Property Condition: |
Average |
Year Built: |
1880 |
Year Renovated: |
2021 |
Roof Type: |
Gable |
Construction/Siding: |
Brick |
Exterior Description: |
Brick primary building with newer roof & firescape at 3 floors. Ancillary is block & wood |
Total Parking Spaces: |
30 |
Parking Type: |
Surface |
Parking Description: |
Mainly fenced lot with secure parking. |
Heat Type: |
Natural Gas |
Heat Source: |
Central |
Air Conditioning: |
Package Unit |
Zoning Description: |
OR2 within Enterprise Zone for additional C1 and C2 use |
Lot Frontage: |
97.4 |
Lot Depth: |
190 |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
25,837 |
144,047 |
327,170 |
Median Age: |
35.58 |
35.95 |
36.97 |
Households: |
12,415 |
64,464 |
141,534 |
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