3165 2Nd StLouisville, KY 40208

  • Retail properties
  • 48,570 SF
For Lease

Property Details for 3165 2Nd St

Year built
2004
Lot size
5.58 AC
Property size (Sq ft)
48,570 SF
Zone code
EZ1-ENTERPRISE ZONE
Property type
Retail properties
Property subtype
Retail space
APN
12055C00850000
APU
12055C00850000

Description

This exceptional restaurant space, totaling 1,390 square feet, is available for lease within the bustling Central Station complex in Louisville, Kentucky. Located at 3165 S 2nd Street, zip code 40208, this property offers a fantastic opportunity for a food and beverage establishment seeking a high-visibility location. The entire Central Station building encompasses 152,463 square feet, indicating a vibrant and established commercial environment. This particular unit is currently vacant and ready for immediate occupancy. Situated in Jefferson County, this location benefits from excellent access to major transportation routes and a strong customer base. The property is classified as retail, specifically for restaurant use, and is part of a multi-tenant building, suggesting a collaborative and thriving business community. The space presents a blank canvas for a creative entrepreneur to establish a successful restaurant venture. Interested parties are encouraged to inquire about lease terms and conditions. This is a rare opportunity to secure a prime location in a thriving Louisville commercial center. The address is easily accessible and benefits from high foot traffic and visibility. Don't miss this chance to establish your business in this dynamic area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $11,633,398
    6.5%
    $10,738,521
    7%
    $9,971,484
  • Comparable approach

    Method
    Valuation
    Relative Method
    $10,535,882
    Geo Method
    $10,535,882
  • Alternative Use

    Use
    Valuation
    Residential
    $9,058,345
    Hospitality
    $8,297,395
    Educational
    $6,903,335
    Medical
    $7,140,752
    Retail
    $10,738,521
3165 2Nd St, Louisville, Kentucky

Location Insight

City
Louisville
County
Jefferson
State
Kentucky
Latitude
38.2026
Longitude
-85.7614
CBSA code
31140
CBSA name
LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$104,248
$2,330,430
$5,437,670
$7,768,100
-
$2,330,430
$5,437,670
$7,768,100

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