LaGrange Package! Fabulous Historic Building - plus- R-4 Duplex

Special Purpose for Sale
Catylist Listing ID: 30815631
Property Subtypes: Funeral Home/Mortuary
Building Size (RSF): 8,906 SF
Gross Building Area: 11,781 SF
Gross Land Area: 43,472 SF
Sale Price: $1,000,000
Property Use Type: Investment, Business
Usable Size (USF): 11,781 SF
Sale Terms: Cash to Seller
Auction License Number: --
Last Updated: 1/15/2023

Overview / Comments

2 HISTORIC INCOME-PRODUCING PROPERTIES in FABULOUS PACKAGE! * Just a sliver under ONE ACRE in LAGRANGE HISTORIC DISTRICT (.998 acre) * On National Register of Historic Places * Crown jewel is the huge STONE BUILDING completed in 1936 for the family company and private home * This is a GORGEOUS & SOLID structure with some 7200 FINISHED SQUARE FEET plus at least 2875 lightly finished and unfinished square feet in basement & walk-up attic...so OVER 10,000 SQUARE FEET for your vision in this iconic stone building *

Listing also INCLUDES SEPARATE HOME presently used as DUPLEXED RESIDENTIAL RENTAL (month-to-month leases now) & previously used as MEDICAL OFFICES * DUPLEX has approximately 1650 SF FINISHED * Was originally built as SINGLE-FAMILY residence and very easily can be converted back to this.

Both properties are ZONED R-4 * PLENTIFUL PARKING: about 25 SPACES ON-SITE...plus...oodles of FREE STREET PARKING available too *

Soooo many fabulous possibilities here. Could be used as a funeral home again... or corporate headquarters...medical/dental offices...office condos...residential condos...mixed-use live/work...apartments...event venue...museum/gallery...antique mall.

Or perhaps a reimagining along the lines of, say, Mellwood Arts Center in Louisville with artists in residence, specialty shops and more.

Or a destination restaurant like Glendale’s Whistle Stop or Patti's 1880s Settlement in Grand Rivers/Land Between the Lakes.

Or craft brewery with B&B (for instance, like the Talbott Tavern in Bardstown). Also could be an incredible residence (or duplex or triplex with each having an entire floor!).

And on it goes with possibilities! *

About 8906 SQUARE FEET FINISHED between the two buildings...and a grand total of some 11781 SQUARE FEET finished and unfinished...plus...nearly 1 ACRE in PRIME LOCATION...plus...PLENTIFUL PARKING both on and off-site.

Come let your imagination run free and your vision take shape!

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Oldham
Tax ID/APN: 46-L.4-04-8
Zoning: R-4 - Residential District
Property Located Between: Jefferson (Hwy 146) & Main Streets; Third & Fourth Avenues
Property Visibility: Excellent
Largest Nearby Street: Hwy 146 / Jefferson Street; also Hwy 53 / First Avenue
Feet of Frontage: 493
Highway Access: I-71 at Exit 22 / LaGrange - or - I-71 at Exit 18 - or - I-71 at Exit 17
Airports: SDF or Bowman
Site Description: Well-landscaped and generally level
Area Description: LaGrange, founded in 1827, serves as the county seat of Oldham County. An unusual & popular attraction for locals and travelers alike is the mainline railroad which runs right through the middle of the historic Main Street. The town proper features a number of restaurants, a new wine bar, specialty shops, and an art gallery or two, while the greater area fans out to farms and homes on large lots, along with residential subdivisions. Some manufacturing operations call Oldham County home, and the large Rawlings Group is based in LaGrange. The subject properties are just a few miles from Oldham County's public boat ramp for the Ohio River (with waterfront park). Oldham County consistently has among the top-ranked public school systems in the state -- which has for decades drawn families to resettle in Oldham County. The per-capita income and attained levels of education are among the highest in the state as well.
Total Number of Buildings: 2
Number of Stories: 3
Typical SF / Floor: 2,860 SF
Property Condition: Excellent
Year Built: 1936
Roof Type: Hip
Construction/Siding: Brick, Stone, Vinyl Siding
Parking Type: Surface
Parking Description: The combined sites (two parcels) include about 25 parking spaces. In addition, there is abundant (and free) street parking along immediately adjacent Jefferson Street, Main Street and Fourth Avenue.
Passenger Elevators: 1
Sprinklers: None
Heat Type: Electricity, Natural Gas, Suspended Radiant Heaters
Heat Source: Central, Radiant
Air Conditioning: Engineered System, Window Unit
Internet Access: Cable, DSL, Satellite
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,097 17,458 29,553
Median Age: 33.24 37.15 38.75
Households: 1,237 4,911 9,170

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