Charming Old Louisville Commercial Office For Sale

Office for Sale
Also listed as Multi-Family
Catylist Listing ID: 29968001
Property Subtypes: Governmental, High-Tech, Medical, Mixed Use, Flex Space, Office Building, Research & Development, Other
Building Size (RSF): 3,400 SF
Gross Building Area: 3,800 SF
Gross Land Area: 0.14 Acres
Sale Price: $300,000
Unit Price: $88.24 PSF
Property Use Type: Vacant/Owner-User
Class of Space: Class B
Usable Size (USF): 3,400 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/17/2017

Overview / Comments

This Old Louisville building offers plenty of office space on the first and second floors and an apartment on the third floor. The building is ideal for an owner/user with the potential to lease the second and third floors for ancillary income. The current owner completely renovated the property while maintaining the charm that embodies the characteristics of the surrounding neighborhood. Updates include new windows, updated electric and plumbing. There are four parking spaces in the back and plenty of free parking on the street.
According to the owner, the building is approximately 3400 square feet. The office portion is approximately 2500 square feet with beautiful wood trim work throughout. Each floor boasts hardwood floors, a full bath and kitchen area. The one bedroom apartment features an open kitchen/living area, full bath, walk-in closet and a bedroom with a vaulted ceiling. The lower level is finished with dry wall ceiling and walls and can easily be used as more office space or storage.
Located within close proximity to downtown and University of Louisville, this property presents an excellent opportunity for an owner/user or pure investor.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 032A00760000
Zoning: TNZD - Traditional Neighborhood Zoning District
Property Located Between: W Oak and W Ormsby
Property Visibility: Excellent
Highway Access: I-65 and I-64
Area Description: Old Louisville has a seen a resurgence of people working and living in the area. The location is perfect - close to downtown without the traffic. The property is located on a beautiful street. Many properties in the area have been renovated and brought back to life!
Total Number of Buildings: 1
Number of Stories: 3
Year Built: 1900
Roof Type: Hip
Construction/Siding: Brick
Exterior Description: Beautiful Brick exterior
Parking Type: Surface
Total Parking Spaces: 4
Water Service: Municipal
Sewer Type: Municipal

Attachments & Media



Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 25,368 148,626 314,481
Median Age: 33.92 35.47 36.69
Households: 12,233 64,726 135,244
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