2747 Bank St - Flex FOR SALE


Louisville, KY 40212
$249,000 USD
419-707-1592
2747 Bank St, Louisville, KY for Sale
$249,000 USD
Flex - FOR SALE
1/8
null | Request Cap Rate

2747 Bank St
Louisville, KY 40212


OVERVIEW

The mixed-use building at 2747 Bank Street in Louisville, KY, consists of one commercial unit, a one-bedroom, one-bath unit in the rear under renovation, and an approximately 1,000 sq ft oversized one-bedroom, one-bath loft upstairs. There is an additional commercial unit on the first floor, about 350 sq ft, that can be used as storage or converted into a small office, with both front and rear access. The commercial space was previously a retail convenience store and can be remodeled similarly or converted to office space. There is a parking pad in the rear with potential for enclosed parking. The property is eligible for a METCO grant for facade redevelopment due to its vacancy for over a year. The entire building needs a complete renovation (a gut rehab), but it has a great shell and bones, making it a valuable opportunity in a gentrifying area. Bank Street was repaved recently, and the roof was replaced in 2021.

FOR SALE DETAILS

PRICE

$249,000 USD

PRICE/SF

$68 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bank Street Mixed-Use

PROPERTY TYPE

Flex

ADD'L SUBTYPES

Convenience Store, Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

UTILITIES

Lighting, Gas - Natural, Water - City, Sewer - City, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.1

LAND SF

4,356

ZONING

Commercial

APN/PARCEL ID

004B00010000

ASK ABOUT THIS PROPERTY

Robert WoodsNexGen Coastal InvestmentsMore Info
419-707-1592

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Robert WoodsNexGen Coastal InvestmentsMore Info
419-707-1592

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.