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817-829 S Floyd St
Louisville, KY 40203 Smoketown

$2,350,000

Flex For Sale  •  140,000 Sq Ft

Property Details

  • Property Type Flex
  • Total Building Size 140,000 Sq Ft
  • Lot Size 0.81 ac
  • Building Class C
  • Year Built 1930
  • Tenancy Multiple
  • Zoning Commercial
57 Transit Score
77 Walk Score

Description

Located just 1.5 blocks from the Central Business District, this multi-level circa-1898 building is primed and ready to be redeveloped. The property offers a meaningful short-term rent roll allowing for a value opportunity to stabilize the current investment or flexibility in assuming the cash flow position while preparing the property for redevelopment. The building consists of 137,952 total SF, 20,694 of which is Lower Level with windows offering natural light.

The owner has maintained the building very well and has spent over $300k in repairs, replacements and maintenance items on the property in the last 10 years. The building is currently 100% heated and roughly 33% air conditioned. There are 3 freight elevators and 4 separate electrical services ((3) 600 amp, (1) 400 amp). Slightly visible to I-65, the site is accessible by South Floyd Street, a 2-way 2-lane street or by alley from South Preston Street. The surrounding neighborhoods include Smoketown, Phoenix Hill and Germantown.

Amenities

  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Louisville International Airport 13 min - 6.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 44
Type: Surface
Included in Rent: Yes
Woodford Hoagland CCIM 502-897-3310 Hoagland Commercial Realtors
Woodford Hoagland CCIM 502-897-3310 Hoagland Commercial Realtors