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1604 Story Ave

Louisville, KY 40206
  • $950,000
  • STATUS: Active
  • ON SITE: 28 Days
  • ID#: 1656915
$950,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,492
    SQFT
  • $272
    $/SQFT
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

This C-2 zoned mixed use building is located in the heart of Butchertown, on high traffic Story Avenue. The location is blocks from the Lynn Family soccer stadium, NuLu, I-64, Frankfort Avenue, and myriad other destinations. The offering includes five nicely furnished Airbnb's (including transfer of the Superhost profile with years of strong reviews), approximately 1,750 SF of first floor retail or office, and an off street parking lot for five vehicles. There is also street parking available on Story Ave. The current office occupant is on a MTM lease, allowing an investor the flexibility to occupy the first floor, potentially renew the existing lease, or lease to a new tenant at a higher rate. This property has demonstrated consistently strong cash flow, and is an excellent opportunity to acquire a desirably located, turnkey asset.

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© 2024 Metro Search Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than The Sokoler Team - RE/MAX Properties East are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker. Data last updated: 2024-04-03T23:59:27.727.
www.louisvillepropertyonline.com/homes/148762520
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1604 Story Ave Louisville, KY 40206

  • Price: $950,000
  • Status: Active
  • On Site: 28 Days
  • ID#: 1656915
0
Beds
0
Baths
0
½ Baths
N/A
Acres
3,492
SQFT
$272
$/SQFT
Neighborhood:
None
County:
Jefferson
Area:
Clifton/Crescent Hill/St Matthews
Property Description
This C-2 zoned mixed use building is located in the heart of Butchertown, on high traffic Story Avenue. The location is blocks from the Lynn Family soccer stadium, NuLu, I-64, Frankfort Avenue, and myriad other destinations. The offering includes five nicely furnished Airbnb's (including transfer of the Superhost profile with years of strong reviews), approximately 1,750 SF of first floor retail or office, and an off street parking lot for five vehicles. There is also street parking available on Story Ave. The current office occupant is on a MTM lease, allowing an investor the flexibility to occupy the first floor, potentially renew the existing lease, or lease to a new tenant at a higher rate. This property has demonstrated consistently strong cash flow, and is an excellent opportunity to acquire a desirably located, turnkey asset.
Exterior Features

Architectural Style Select One Construction Materials Brick Exterior Features None Roof Shingle

Interior Features

Above Grade Finished Area 3492 Below Grade Finished Area 0 Building Area Total 3492 Heating Forced Air Heating YN Yes

Property Features

Association Fee 0 Association YN No Garage YN No Lot Size Area 0 Lot Size Dimensions 0 Property Description Parking Spaces 0 Property Description Style Select One Property Description Term Lease 0 Property Sub Type Apartment Utilities City Sewer

Listing provided courtesy of PRG Commercial Property Advisors: (502) 365-3840. © 2024 Metro Search, Inc. All rights reserved.


© 2024 Metro Search Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than The Sokoler Team - RE/MAX Properties East are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker. Data last updated: 2024-04-03T23:59:27.727.
 
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The Sokoler Team - RE/MAX Properties East
10525 Timberwood Circle
Louisville KY, 40223