1253 Preston StLouisville, KY 40203

  • Schools
  • 7,833 SF
For Sale
$775,000 View listing

Property Details for 1253 Preston St

Year built
1911
Lot size
0.34 AC
Property size (Sq ft)
7,833 SF
Zone code
C2-COMMERCIAL
Property type
Schools
APN
09023D01520000
APU
09023D01520000

Description

Galerie Hertz, located at 1253 S Preston St in Louisville, KY, presents a unique mixed-use investment opportunity. This historic building, constructed in 1911, boasts 8,640 square feet across two stories and sits on a 0.343-acre lot. The property is zoned C-2 and features a blend of apartment building, creative office, and storefront spaces, making it ideal for owner-users seeking a versatile investment. The building comprises six units, offering flexibility for various business and residential uses. Ceiling heights range from 9 feet 3 inches to an impressive 16 feet 11 inches, providing ample space and character. Situated in the heart of Shelby Park, a designated Opportunity Zone, this property benefits from a prime location between Camp Street and Shelby Parkway in Louisville's Jefferson County (zip code 40203). The asking price is $775,000, translating to $89.70 per square foot. This Class B building offers a compelling blend of history, functionality, and potential for significant return on investment.

Location Insight

City
Louisville
County
Jefferson
State
Kentucky
Latitude
38.2323
Longitude
-85.7494
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
$3,861
$103,140
$184,550
$287,690
-
$103,140
$184,550
$287,690

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