970 3Rd StLouisville, KY 40203

  • Retail properties
  • 1,245 SF
For Lease
$19.23/SF/YR View listing

Property Details for 970 3Rd St

Year built
1960
Lot size
0.19 AC
Property size (Sq ft)
1,245 SF
Zone code
C2-COMMERCIAL
Property type
Retail properties
Property subtype
Turn key restaurants
APN
08029F01130000
APU
08029F01130000

Description

This exceptional 1,245-square-foot free-standing retail building, located at 970 S 3rd St in Louisville, Kentucky, presents a unique investment opportunity. Formerly home to the beloved D. Nalley's diner for many years, this landmark property boasts a rich history and prime location within the thriving SoBro district. Built in 1960, the single-story building is zoned PD and offers ample parking at the rear. Its ideal setup for a restaurant makes it an attractive option for food and beverage businesses, but its versatile design allows for adaptation to various alternative uses. Benefitting from its proximity to both the residential areas of Old Louisville and the educational corridor (Spalding University and the University of Louisville), this property enjoys high visibility and convenient access to downtown Louisville. The building's single-tenant occupancy provides flexibility and control for the new owner or lessee. This is a rare chance to acquire a well-established property in a rapidly growing area of Louisville, offering significant potential for return on investment. The property's history as a successful neighborhood diner provides a strong foundation for future success. The ample parking is a significant advantage in a densely populated area. This property is ready for its next chapter.

970 3Rd St, Louisville, Kentucky

Location Insight

City
Louisville
County
Jefferson
State
Kentucky
Latitude
38.2392
Longitude
-85.7584
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
$1,567
$41,080
$75,680
$116,760
-
$41,080
$75,680
$116,760

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