927 Madison StLouisville, KY 40204

  • Industrial properties
  • 13,070 SF
For Lease
$5/SF/YR View listing

Property Details for 927 Madison St

Year built
1880
Lot size
0.11 AC
Property size (Sq ft)
13,070 SF
Zone code
OR2-OFFICE/RESIDENTIAL
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
04016E01610000
APU
04016E01610000

Description

This versatile 13,070-square-foot flex warehouse in the desirable Phoenix Hill/Nulu submarket presents a unique investment opportunity. The two-story, Class B building, constructed in 1880 and renovated in 1975, sits on a 0.44-acre lot (19,166.4 total lot size) and offers a blend of warehouse, office, and potential commercial kitchen space. The first floor features a commercial kitchen, office space, and ample storage areas, along with a half-bathroom. The second floor provides expansive open space ideal for storage or workshops, accessible via stairs. A non-operational lift offers potential for future restoration. The property boasts two drive-in doors, providing convenient access, and six total parking spaces within a fenced area. Three adjacent vacant lots offer potential for expansion. The building features a TPO/PVC roof less than three years old. The asking rent is $5 per square foot annually, with additional operating costs to be tenant responsibility. The owner is open to creative lease terms, including an option to purchase. The property is zoned OR2 and has a frontage of 90 feet. This multi-functional space is perfect for a variety of businesses seeking a unique and adaptable location in a vibrant urban setting. All prospects are encouraged to tour the property.

927 Madison St, Louisville, Kentucky

Location Insight

City
Louisville
County
Jefferson
State
Kentucky
Latitude
38.248
Longitude
-85.7358
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
$2,318
$24,220
$148,510
$172,730
-
$24,220
$148,510
$172,730

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