1601 Oak StLouisville, KY 40210

Property Details for 1601 Oak St

Lot size

0.71 AC

Property size (Sq ft)

1,083 SF

Property type

Hospitality properties

Property subtype

Other retail properties

Description

This exceptional 0.71-acre property presents a compelling investment opportunity in Louisville, Kentucky. Located at 1601 W Oak St, 40210, this land parcel boasts versatile C2 and R7 zoning, allowing for a diverse range of development projects. The 1,083 square foot site is priced at $115.42 per square foot, offering significant potential for return. Its strategic location near Downtown Louisville, Norton Health Care Sports and Learning Center, Norton West Louisville Hospital, and Simmons College of Kentucky provides convenient access to key amenities and a strong potential tenant base. The property's designation within a city opportunity zone further enhances its investment appeal. This site is suitable for various uses, including retail, office space, and single-family or multi-family residential development, addressing the area's housing demand. The existing building, approximately 1,083 square feet, could be repurposed or demolished to accommodate a new construction project. This is an ideal opportunity for developers and investors seeking a prime location with flexible zoning and high growth potential in a thriving Kentucky market. The property is available for purchase individually.

Location Insight

City

Louisville

County

Jefferson

State

Kentucky

Latitude

38.2372

Longitude

-85.781

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