827 Market StLouisville, KY 40206

Property Details for 827 Market St

Year built

1895

Lot size

0.12 AC

Property size (Sq ft)

5,244 SF

Zone code

EZ1-ENTERPRISE ZONE

Property type

Warehouses

APN

04017E01290000

APU

04017E01290000

Description

This exceptional Louisville investment opportunity presents a fully occupied, Class A, 7,365 square foot office and retail property situated in the vibrant Nulu neighborhood. The main building, spanning two stories, is under a triple-net lease to a commercial tenant, providing consistent income. A secondary building features two turnkey Airbnbs, generating additional revenue streams. The property boasts two parking spaces and sits on a 0.12-acre lot, zoned EZ-1. Built in 1895 and extensively renovated in 2019, this property benefits from its prime location, adjacent to the Nulu Marketplace, and is poised to appreciate further with the upcoming 2024 streetscape improvements to East Market Street. The property's strong occupancy rate (100%) and diverse income streams make it an attractive investment for discerning buyers. The asking price is $2,750,000, translating to $373.39 per square foot. This is a rare opportunity to acquire a well-maintained, income-producing property in a rapidly developing area of Louisville, Kentucky. The property includes two buildings on two stories, and the Jefferson County APN is 017E01290000.

Location Insight

City

Louisville

County

Jefferson

State

Kentucky

Latitude

38.2535

Longitude

-85.7367

CBSA code

31140

CBSA name

LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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