Free Standing Restaurant/Retail Building in Highlands

Retail-Commercial for Sale
Catylist Listing ID: 30638744
Property Subtypes: Restaurant, Retail-Pad
Building Size (RSF): 15,294 SF
Gross Building Area: See Agent
Gross Land Area: 0.56 Acres
Sale Price: $3,450,000
Unit Price: $225.58 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/21/2020

Overview / Comments

This one of a kind circa 1900 property was completely redeveloped in 2016 for a bar/ restaurant. The property could be reused very easily for food and beverage or repurposed for retail, restaurant and/or office given it's size, multiple ingress/egress points, ADA compliance and elevator serviced 2nd floor.
The property is located in a highly desirable location in Louisville's Highlands neighborhood. This is an ultra-visible property, offering 20,425 ± ADT. Situated in the vertex of the Original Highlands, Tyler Park and the Cherokee Triangle, and with convenient walk-ability, many residents and employees are shopping,
dining, working, living and exploring the excitement of the Highlands experience. Long known as Restaurant Row, this corridor is home to a number of eateries offering every kind of culinary and beverage experience.
PROPERTY HIGHLIGHTS
• 30 parking spaces, on-street parking surrounding the block
• 4 year old infrastructure and fixtures throughout

Please call Agents to coordinate a tour.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 075C00290000
Zoning: C-2 - Commercial District
Retail Clientele: General, Business, Tourist
Property Visibility: Excellent
Traffic/Vehicle Count: 20,425
Number of Stories: 2
Property Condition: Excellent
Year Renovated: 2016
Total Parking Spaces: 30
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,667 127,688 323,067
Median Age: 38.22 37.26 37.34
Households: 9,702 59,021 141,344
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