927 Madison StLouisville, KY 40204

This exceptional 13,070+/- square foot industrial property presents a unique investment opportunity in Louisville, Kentucky. Currently vacant, this Class B building, constructed of steel and concrete block in 1880 and renovated in 2019, offers significant redevelopment potential. Zoned OR2, the property allows for diverse uses including multifamily, office, event space, or up to 20 residential units. The existing warehouse boasts three garage doors, a commercial kitchen, and a dedicated office area, complemented by PVC and TPO roofing. Situated on a 0.23-acre lot, this offering also includes three additional vacant side lots, expanding the development possibilities. Its prime location just outside the Nulu Corridor in the Phoenix Hill neighborhood, with close proximity to the downtown medical district, ensures high visibility and accessibility. The property's previous use as a USDA-approved facility and storage underscores its adaptability and structural integrity. The asking price is $825,000, translating to $63.12 per square foot. This is a rare chance to acquire a substantial property with significant upside in a thriving urban area. The APN is 016E01610000. The two-story building is currently vacant and ready for immediate occupancy or redevelopment.