970 3Rd StLouisville, KY 40203
- Retail properties
- 1,245 SF
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.
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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