622 Baxter AveLouisville, KY 40204

Property Details for 622 Baxter Ave

Year built

1900

Lot size

0.06 AC

Property size (Sq ft)

3,311 SF

Zone code

C1-COMMERCIAL

Property type

Retail space

APN

05068C00670000

APU

05068C00670000

Description

This exceptional mixed-use property at 622 Baxter Avenue in Louisville, KY, offers a unique opportunity for businesses seeking a vibrant location. The building, originally constructed in 1900 and extensively renovated in 2019, boasts 3,311 square feet across two stories. Currently, 1,210 square feet of space is immediately available, with a maximum contiguous space of 2,583 square feet. The building features three suites in total, making it ideal for a variety of configurations. The property sits on a 0.61-acre lot and has a floor area ratio (FAR) of 1.2. While the building does not include elevators, its prime location in the heart of Louisville offers unparalleled access to the city's amenities and a thriving business community. The versatile layout is suitable for a range of uses, including executive offices, retail spaces, or restaurants. This is a chance to secure a well-maintained, historically significant building in a highly desirable area. The property's blend of character and modern updates creates an attractive environment for any business looking to establish a strong presence in Louisville. The address is 622 Baxter Avenue, Louisville, KY 40204.

• CAP approach

  CAP return

  Valuation

  6%

  $735,973

  6.5%

  $679,360

  7%

  $630,834

• Comparable approach

  Method

  Valuation

  Relative Method

  $718,227

  Geo Method

  $718,227

• Alternative Use

  Use

  Valuation

  Residential

  $573,066

  Hospitality

  $524,925

  Educational

  $436,732

  Medical

  $451,751

  Retail

  $679,360

Location Insight

City

Louisville

County

Jefferson

State

Kentucky

Latitude

38.2454

Longitude

-85.7287

CBSA code

31140

CBSA name

LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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