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.

©2024  Greater Louisville Association of REALTORS. All rights reserved.

Data last updated 2:06 PM UTC, 5/9/2024

Powered byLuxury Presence