West Main Development Site- Opportunity Zone

Vacant Land for Sale
Also listed as Retail-Commercial, Hospitality
Catylist Listing ID: 30842436
Property Subtypes: Hospitality
Gross Land Area: 1.07 Acres
Sale Price: $3,495,000
Unit Price: $3,266,355 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/8/2024

Overview / Comments

This downtown Louisville property is a rare opportunity zone development site on West Main Street. The site is comprised of approximately 1.07 acres and contains two structures fronting Main Street totaling 20,000 sf, as well as a large parking lot. The larger building is historical in nature. It is ideal for a large-scale hotel or multifamily development.

Located just one block from the starting point of the Urban Bourbon Trail, it is near many other new and established distillery experiences. Phase IV of Waterfront Park has started construction just one block to the west, and the property’s cross street will serve as the park’s main entrance. The new 168-room Dream Hotel is slated to start construction one block away.

Attachments & Media

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 015C00400000
Zoning: EZ-1 - Enterprise Zone District

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,677 132,847 296,586
Median Age: 33.04 35.22 36.94
Households: 4,784 57,266 128,181
The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Moody's assume any liability for errors or omissions.