Pending
1604 Story Ave
Louisville KY, 40206
$950,000
$272.05 per sqft
Pending
3,492 sqft
Condo
This C-2 zoned mixed use building is located in the heart of Butchertown, on high traffic Story Avenue. The location is blocks from the Lynn Family soccer stadium, NuLu, I-64, Frankfort Avenue, and myriad other destinations.
The offering includes five nicely furnished Airbnb's (including transfer of the Superhost profile with years of strong reviews), approximately 1,750 SF of first floor retail or office, and an off street parking lot for five vehicles. There is also street parking available on Story Ave.
The current office occupant is on a MTM lease, allowing an investor the flexibility to occupy the first floor, potentially renew the existing lease, or lease to a new tenant at a higher rate. This property has demonstrated consistently strong cash flow, and is an excellent opportunity to acquire a desirably located, turnkey asset.
1656915
MLSⓇ ID
March 20, 2024
Listed
May 9, 2024
Updated
Map
1604 Story Ave
Louisville KY, 40206
Interior Features
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Exterior Features
None
Architectual Style
Select One
Roof
Shingle
Other Property Details
Area Name
03-Clifton/Crescent Hill/St Matthews
Garage
No
View
No
County
Jefferson
Pool
No
Listing History
Date | Event | Price |
---|---|---|
4/5/2024 | Pending | — |
Courtesy of PRG Commercial Property Advisors, Jenny Johnston,
Listing Contact: 502-645-1729
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Greater Louisville Association of REALTORS held by brokerage firms other than Laura Rice are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker.
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Laura Rice shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 2:06 PM UTC, 5/9/2024