2407 Shelby St Louisville, KY 40217

This 1,020-square-foot retail property, located at 2407 S Shelby St, Louisville, KY 40217, is offered at $205,000 ($215.69/sq ft). Currently leased to a well-established dog groomer, the tenant is in year 4 of a 4-year lease with a renewal option, paying $1,600 monthly. The property boasts a 7.90% cap rate, making it an attractive investment opportunity. Situated near the intersection of Eastern Parkway and S. Shelby Street in the Germantown community, this location benefits from high visibility and traffic. The property is zoned C-1 - Commercial District (APN: 024K00060000) and features a grease trap, a remnant from its previous use as a Domino's Pizza. Sale terms include cash to seller and purchase money mortgage options. This property presents a strong investment in a growing area with a stable, long-term tenant. The building's history as a restaurant and current use as a dog grooming business demonstrate its versatility and adaptability to various commercial uses.