For Sale
$2,750,000

827 Market StLouisville, KY 40206

Prime Nulu Office & Airbnbs

Overview

Added:
Dec 11, 2024
Days on market:
123
This exceptional Louisville investment opportunity presents a fully occupied, Class A, 7,365 square foot office and retail property situated in the vibrant Nulu neighborhood. The main building, spanning two stories, is under a triple-net lease to a commercial tenant, providing consistent income. A secondary building features two turnkey Airbnbs, generating additional revenue streams. The property boasts two parking spaces and sits on a 0.12-acre lot, zoned EZ-1. Built in 1895 and extensively renovated in 2019, this property benefits from its prime location, adjacent to the Nulu Marketplace, and is poised to appreciate further with the upcoming 2024 streetscape improvements to East Market Street. The property's strong occupancy rate (100%) and diverse income streams make it an attractive investment for discerning buyers. The asking price is $2,750,000, translating to $373.39 per square foot. This is a rare opportunity to acquire a well-maintained, income-producing property in a rapidly developing area of Louisville, Kentucky. The property includes two buildings on two stories, and the Jefferson County APN is 017E01290000.

Highlights

  • $2,750,000 asking price for a Class A, 7,365 SF office/retail property.
  • Net lease investment opportunity with 100% occupancy.
  • Two buildings, two stories, totaling 7,365 square feet; built in 1895, renovated in 2019.
  • Located in Louisville, KY, at 827 E Market St, in the Nulu neighborhood.
  • Features two parking spaces and sits on a 0.12-acre lot.
  • Zoned EZ-1 (Enterprise Zone District).

Property Details for 827 Market St

Property type
Retail properties, Office properties
Square Feet
7,365 SF
Class
A
Year Built/Renovated
1895/2019
Buildings
2
Stories
2
Lot Size (sq. ft)
5,227 SF

Location Insight

City
Louisville
County
Jefferson
State
Kentucky
Latitude
38.253007301931
Longitude
-85.73678601533
827 Market St, Louisville, Kentucky

FAQs

What type of property is this?
Retail property - Prime Nulu Office & Airbnbs
Where is the retail property located?
The property is located at 827 Market St Louisville, KY.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: $2,750,000 asking price for a Class A, 7,365 SF office/retail property.; Net lease investment opportunity with 100% occupancy.; Two buildings, two stories, totaling 7,365 square feet; built in 1895, renovated in 2019.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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827 Market St
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