For Sale
$849,500

943 Madison StLouisville, KY 40204

Prime Louisville investment: Multi-family, retail, office.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional Louisville, KY property at 943 E Madison St (APN 016E01690000) presents a unique mixed-use investment opportunity. The offering encompasses a fully developed historic building and an adjacent vacant lot, totaling 3,780 square feet. The existing building features three residential units – two one-bedroom/one-bathroom units and one studio – along with a large, remodeled commercial unit complete with a fully usable basement. All systems have been recently renovated. The property is zoned OR-2 (Office/Residential District), allowing for flexibility and potential rezoning. The asking price is $849,500 ($251.32/sq ft). The vacant lot offers significant development potential. The property can be delivered vacant, providing immediate occupancy or redevelopment options. This NNN-leased property is ideal for owner-users seeking a blend of residential and commercial income streams in a vibrant Louisville location. The property is located in Jefferson County, KY, zip code 40204.

Highlights

  • Mixed-use investment opportunity in Louisville, KY (943 E Madison St, APN 016E01690000).
  • 3,780 SF total: historic building with three residential units (two 1BR/1BA, one studio) and a large, remodeled commercial unit with a full basement.
  • Fully renovated systems.
  • Vacant lot offers significant development potential.
  • OR-2 zoning allows flexibility; can be delivered vacant.

Property Details for 943 Madison St

Property type
Retail properties, Office properties
Square Feet
3,780 SF

Location Insight

City
Louisville
County
Jefferson
State
Kentucky
Latitude
38.2477936
Longitude
-85.7350549
943 Madison St, Louisville, Kentucky

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943 Madison St
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