Bar at Central and 7th Street Corner Lot

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30295167
Property Subtypes: Day Care Facility, Free-Standing Building, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Other
Status: Pending
Building Size (RSF): 4,478 SF
Gross Building Area: See Agent
Gross Land Area: 0.18 Acres
Sale Price: $200,000
Unit Price: $44.66 PSF
Property Use Type: Vacant/Owner-User
Building Name: Bottums Up
Usable Size (USF): 4,478 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/6/2018

Overview / Comments

Great Location at the corner of Central and 7th street!!! This property has incredible potential. This property has been a strip club for years and it is setup for a bar but it can be converted to many different types of businesses. Think outside the box with this property it would be a great building to break it up and lease out smaller space for a coffee shop, small cafe, hair nail salon, or leave it as one huge space and put in a restaurant. This area is under served for dining. On a major 5 lane road with a median and a main thoroughfare to Downtown Louisville this property has endless possibilities!!

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Taxing Authority: Jefferson County
Tax ID/APN: 11063F00640000/11063F01670000
Zoning: C-2 - Commercial District
Retail Clientele: General, Business, Other
Property Located Between: Central and 7th
Property Visibility: Excellent
Largest Nearby Street: Central
Site Description: Corner lot all paved located at a stop light
Area Description: Surrounded by homes and businesses
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 4,478 SF
Property Condition: Poor
Year Built: 1947
Roof Type: Flat
Construction/Siding: Stucco
Total Parking Spaces: 17
Parking Type: Surface
Parking Description: There isn't alot of parking but it has never effected the business at this location
Sprinklers: None
Interior Description: In need of rehab mold
Zoning Description: C-2
Water Service: Municipal
Sewer Type: Municipal
Legal Description: SE 7th ST RD BET CENTRAL&LARCHMONT LOT 50 SOUTHDOWNS SECTION 2 PB. 7 PG. 104 .084AC+/-

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,514 148,653 280,666
Median Age: 34.04 35.49 36.55
Households: 6,872 63,356 119,667

Contact

Photograph of Listing Agent

Heather L Allen

Genesis Realty LLC KCREA Member
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