601 E Jefferson St - Hospitality FOR SALE


Louisville, KY 40202- NuLu
$4,850,000 USD
502-558-8078
601 E Jefferson St, Louisville, KY for Sale
$4,850,000 USD
Hospitality - FOR SALE
1/9
null | Request Cap Rate

601 E Jefferson St
Louisville, KY 40202
NuLu


HIGHLIGHTS

  • In Louisville's hottest submarket
  • New construction with upside
  • On-site parking in an urban submarket

OVERVIEW

A rare opportunity to acquire a three-story mixed-use building in Louisville’s hottest neighborhood, NuLu. Currently configured as a 16-room Micro-Boutique Hotel with fully leased ground-floor retail, this building offers immense flexibility for Hospitality, Airbnb, Mid-term rentals, Multi-Family or other adaptive uses. This property was originally built in 1865 as the home of Herman Schroeder's grocery, and was redeveloped in 2020 to its current use. Ground-Floor Retail (4,500+ SF): Fully leased with two established tenants: 1,500 SF: Office 3,100 SF: Restaurant 2nd & 3rd Floors: 16 rooms with apartment-style kitchens, a versatile setup ideal for short-term stays, extended-stay hotel, Airbnb, or multi-family residential conversion. The sale will include all furniture and fixtures in the building. Onsite Parking: Ample parking to serve both guests and retail customers.

FOR SALE DETAILS

PRICE

$4,850,000 USD

PRICE/SF

$307 USD /SF

# OF ROOMS

16

PRICE/ROOM

$303,125 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hancock House

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1865

PARKING SPACES

42

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

C-2

APN/PARCEL ID

017D01900000

ASK ABOUT THIS PROPERTY

Alex ZegaCORE Real Estate PartnersMore Info
502-558-8078

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Alex ZegaCORE Real Estate PartnersMore Info
502-558-8078

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