For Sale
$400,000

3245 Muhammad Ali Blvd Louisville, KY 40212

.77-Acre Lot, C1 Zoning, $400,000

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional .77-acre commercial land parcel, located at 3245 W Muhammad Ali Blvd in Louisville, Kentucky (zip code 40212), presents a unique investment opportunity. Currently zoned C1, this property offers significant potential for redevelopment. The site's previous use as a gas station suggests a history of high traffic and visibility. Its strategic location directly off the Muhammad Ali exit of the Watterson Expressway ensures excellent accessibility. The property is conveniently situated just a three-minute drive from Norton Healthcare's Sports and Learning Center and four minutes from Goodwill's West Louisville Opportunity Center, indicating a strong surrounding community. The sale includes four contiguous parcels (3245, 3241, 3235, and 3243 W Muhammad Ali Blvd), situated on a one-way street with convenient turnaround access nearby. The asking price is $400,000. For investors seeking alternative options, the owners are also open to a ground lease at a monthly rate of $1,400. Given its location and zoning, this property is ideally suited for a variety of commercial uses, including a gas station, convenience store, fast-food restaurant, or even a semi-truck parking facility (subject to zoning approval). This is a rare opportunity to acquire a well-positioned commercial lot in a rapidly developing area of Louisville.

Property Details for 3245 Muhammad Ali Blvd

Property type
Land
Lot Size (sq. ft)
33,541 SF

Location Insight

City
Louisville
County
Jefferson
State
Kentucky
Latitude
38.256936
Longitude
-85.806972

FAQs

What type of property is this?
Land - .77-Acre Lot, C1 Zoning, $400,000
Where is the land located?
The property is located at 3245 Muhammad Ali Blvd Louisville, KY.
What is the asking price?
The asking price for this property is $400,000.
How can I contact the broker?
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3245 Muhammad Ali Blvd
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