NuLu Mixed-Use Building & Vacant Land (For Sale)

Retail-Commercial for Sale
Sale Pending/Contingent
Also listed as Industrial, Multi-Family
Catylist Listing ID: 30314835
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Status: Pending/Contingent
Building Size (RSF): 7,236 SF
Gross Building Area: 9,396 SF
Gross Land Area: 0.29 Acres
Sale Price: $1,100,000
Unit Price: $152.02 PSF
Property Use Type: Vacant/Owner-User, Business
Sale Terms: Cash to Seller, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 8/16/2018

Overview / Comments

Opportunity to own a highly visible mixed-use property in NuLu. Comprised of 826 and 828 E. Main St, the possibilities are endless with this centrally located property!

826 E. Main St is 8,070 SF with a .12 acre vacant lot to the east of building. The 1st floor is 2,160 SF of highly visible retail with an attached 1,590 SF garage/warehouse in rear. 2nd floor is currently 2 apartments, one of which is a highly successful Airbnb with separate outdoor access (https://www.airbnb.com/rooms/2211106?s=51). 3rd floor is currently unfinished and used as storage.

828 E. Main St is a detached 1,320 SF garage/warehouse with a fenced in courtyard used as parking.

EZ-1 Industrial zoning lends itself to a variety of users. Currently an owner/user in both the retail and non-Airbnb apartment. Would be open to a sale/leaseback or other options. Contact agent for more details.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 017E02170000
Zoning: EZ-1 - Enterprise Zone District
Retail Clientele: General, Business
Property Located Between: Main & Market St
Property Visibility: Excellent
Largest Nearby Street: E. Main St.
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 3
Parking Description: 5200 SF vacant lot to east of building could be used for parking.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,232 127,124 314,536
Median Age: 33.7 36.35 37.5
Households: 4,106 57,879 137,233

Contact

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