NuLu Scout Building <> FOR SALE

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30326006
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail, Other
Status: Pending
Building Size (RSF): 10,980 SF
Gross Building Area: 12,540 SF
Gross Land Area: 0.14 Acres
Sale Price: $1,490,000
Unit Price: $135.70 PSF
Property Use Type: Investment
Building Name: Center of Gravity
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/10/2018

Overview / Comments

Now offering for sale, the Scout Building in NuLu is located on East Market Street at the center of gravity. This three-story building is in pristine condition and offers huge upside for further customization. Located directly across E. Market Street from the brand new AC Marriott hotel, and directly in front of the brand new Rabbit Hole Distillery. Many other great amenities in the immediate area including, coffee shops, art galleries, cocktail lounges, restaurants, wine bar, boutique retail, class-a apartments and office buildings.

<> Street-level leased to "Scout" retail boutique (approx 4,500 SF)
<> Second level currently vacant and in shell condition (approx 4,500 SF)
<> Third level currently vacant ready for build-out (approx 1,560 SF)
<> Lower level for building storage (approx 1,560 SF)

Attachments & Media

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Submarket/Township: 02 - Butchertown / Highlands / Germantown
Submarket Type: Redevelopment District
Tax ID/APN: 017D01920000
Zoning: C-2 - Commercial District
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Located Between: S. Clay Street & S. Shelby Street
Property Visibility: Excellent
Largest Nearby Street: Main Street
Feet of Frontage: 32
Traffic/Vehicle Count: 13,300
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 4,710 SF
Property Condition: Excellent
Year Built: 1875
Year Renovated: 2014
Roof Type: Flat
Total Parking Spaces: 6
Parking Type: Surface
Parking Description: Six parking spaces in rear of building (tandem).

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,059 134,344 312,918
Median Age: 36.45 36.09 37.42
Households: 5,245 60,462 136,196
The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.