625 Baxter Ave

Special Purpose for Sale
Catylist Listing ID: 30712598
Building Size (RSF): 13,352 SF
Sale Price: $2,100,000
Ceiling: 14 ft.
Property Use Type: Vacant/Owner-User
Usable Size (USF): 13,352 SF
Sale Terms: Cash to Seller
Last Updated: 3/16/2023

Overview / Comments

Professionally renovated with Class A finishes as entire property is zoned C-1.

This property was the old Doll’s market around the turn of the century, and is tucked in between Rogers & Payne St Irish Hill / Highlands entertainment area, with multiple new restaurants, breweries, bars, retail shops located within walking distance. This completely rehabbed building is perfect to convert to AirBNB. Just a 5 minute drive to the Nulu District and the Lynn Family Soccer Stadium.

In addition, there's the recently built luxury Baxter Apartments with rents ranging $1,475 - $2,517 per month 1/2 City block down the street. Combined with the surrounding high density residential population comprised of both young & affluent clientele, as well as being one of the highest AirBNB unit rental districts to tourists and travelers makes this a perfect site for conversion to AirBNB or multi-purpose retail, eatery and / or coffee shop usage.

The building itself was originally built in 1880 and consist of 13,352 above grade square footage size and has 12 rental units and storage. ?Units and size consist of:
623 Baxter & 625 Baxter Bike Store
1103 Rogers 1/1 $900 sq ft
1105 Rogers 3/1 1800 sq ft
1107 Rogers 1/1 1000 sq ft
1109 Rogers 1/1 900 sq ft
1111 Rogers 2/1 bed 900 sq ft
1113 Rogers Unit A Market Rent $1,650 2 bed / 2 full approx 1000 sq ft upstairs and 750 sq ft downstairs 1/2 bath Market rent $950
1113 Rogers Unit B Market Rent $1,650 2/ bed/ 2 full 1000 sq ft upstairs and 750 sq ft downstairs 1/2 bath Market Rent $950

Room to raise rents to capture additional income.

Renovations on entire building include new roof, gutters, new water and gas lines, spray foam insulation, high efficiency HVAC systems. Quartzite and granite countertops, w/d combos in units, most with gas stoves. All new interior floor to ceiling, bathrooms w tiled showers and the list goes on and on..

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 068G00260000
Zoning: C-1 - Commercial District
Property Located Between: Rogers and Payne off Baxter Ave
Property Visibility: Excellent
Largest Nearby Street: Baxter Ave
Site Description: 1880 Built Historic Location, close to many popular restaurants and microbrew.
Total Number of Buildings: 1
Number of Stories: 3
Property Condition: Excellent
Year Built: 1880
Year Renovated: 2017
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Brick
Parking Description: off street
Sprinklers: None
Heat Type: Electricity, Natural Gas
Heat Source: Central
Internet Access: Cable
Interior Description: Original Architecture Brick, Wood, Hardwood
Zoning Description: C-1
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,965 124,593 319,575
Median Age: 34.54 36.73 37.59
Households: 8,165 57,014 139,932


Photograph of Listing Agent

David M Vincent

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