901 Main StLouisville, KY 40206
- Other commercial real estate
- 7,020 SF
Property Details for 901 Main St
- Year built
- 1900
- Lot size
- 0.14 AC
- Property size (Sq ft)
- 7,020 SF
- Zone code
- CM-COMMERCIAL MANUFACTURI
- Property type
- Other commercial real estate
- Property subtype
- Showrooms
- APN
- 04019G00010000
- APU
- 04019G00010000
Description
This exceptional 9,000-square-foot commercial property, situated in the vibrant NuLu/Butchertown submarket of Louisville, Kentucky, presents a unique leasing opportunity. Located at 901 E Main St, near the intersection of E Main Street and Campbell Street, this property boasts a prime location within a thriving commercial district. The building, constructed in 1899, features two stories and sits on a 0.23-acre lot. The entire 9,000 square feet is currently vacant and available for lease as a single tenant space. Ideal for a variety of uses, including retail, restaurant, or office space, this property offers significant potential for a discerning tenant. The property is zoned for Commercial Manufacturing, providing flexibility for various business operations. Its historical charm combined with its modern-day location makes this a truly unique opportunity in a rapidly developing area of Louisville. The Jefferson County location offers easy access to major transportation routes and a diverse customer base. This is a rare chance to secure a substantial space in one of Louisville's most sought-after neighborhoods. The property's size and location make it an excellent investment for businesses seeking high visibility and a strong presence in the heart of NuLu/Butchertown.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,954,586
- 6.5%
- $1,804,234
- 7%
- $1,675,360
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,522,790
- Geo Method
- $1,522,790
-
Alternative Use
- Use
- Valuation
- Residential
- $1,521,938
- Hospitality
- $1,394,088
- Educational
- $1,159,864
- Medical
- $1,199,754
- Retail
- $1,804,234
Location Insight
- City
- Louisville
- County
- Jefferson
- State
- Kentucky
- Latitude
- 38.2546
- Longitude
- -85.7355
- 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
FAQs
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