Retail Space with Development
701 Valley College Drive, Louisville, KY 40272
COMMERCIAL - Louisville, KY
Type:Retail
Property size:
14,500 SFLot size:
2.50 AcresPrice / SF:
$172/SF- Added:
- Jul 22, 2025
- Days on Market:
- 294
- Last Refresh:
- May 11 at 5:06 pm
Property Features for 701 Valley College Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Standard status
- Active
- APN
- 230000040000
- Size
- 14,500 SF
- Lot size
- 2.50 Acres
Building Details
- Year built
- 2006
- Floors in Building
- 1
- Building materials
- Brick
Listing agent Robert W Rouse (859) 967-7299
Listing office Block + Lot Real Estate 133 W Short St, Lexington, KY (859) 309-0099
Listing date Jul 22, 2025
MLS# 25015943
Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- High‑density residential and commercial area with diverse nearby amenities.
- 14,500 SF retail space on 2.49 acres with 64 parking spaces and a drive‑thru.
- Zoned C‑1, allowing for diverse retail tenants or redevelopment for retail or residential uses.
- Adjacent 1.13‑acre lot zoned OR‑3, permitting a variety of residential and retail uses.
- Currently leased to Family Dollar until June 2026, providing immediate income.
- Located near U of L Health Medical Center Southwest, Trilogy Park Terrace Health Campus, and Jefferson Community & Technical College Southwest Campus.
Overview
This property features a 14,500 square foot retail space situated on 2.49 acres, located at 701 Valley College Dr, Louisville, KY. The single-story building includes 64 parking spaces and a drive-thru. Currently zoned C-1, the property is leased to Family Dollar until June 2026, presenting an opportunity for a new owner to re-lease to a diverse range of retail tenants, including fitness centers, banks, or big box retailers. Alternatively, the property could be owner-occupied or redeveloped for additional retail or residential uses, such as assisted living or multifamily units. An adjacent 1.13-acre street-facing lot on Stonestreet Road is also available for purchase or ground-lease. Zoned OR-3, this lot permits a variety of residential and retail uses, including assisted living, barber shops/salons, medical laboratories, and multifamily dwellings. The location is in a high-density residential and commercial area, near retail establishments, schools, homes, and medical facilities. U of L Health Medical Center Southwest, Trilogy Park Terrace Health Campus, and Jefferson Community & Technical College Southwest Campus are all located nearby, making this a prime opportunity for owner-occupiers, investors, and developers.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
higi
Physician
Family Dollar
Discount Store
CDReload - Online Bitcoin ...
Crypto Atm
Carla Steger
Pharmacy
Location Insight
- Map
- Local Demand
- City
- Louisville
- County
- Jefferson
- State
- Kentucky
- Longitude
- -85.843386
- Latitude
- 38.118303
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - 14,500 SF retail building with additional lot for development.
Where is this retail space located?
The property is located at 701 Valley College Drive Louisville, KY.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: High‑density residential and commercial area with diverse nearby amenities.; 14,500 SF retail space on 2.49 acres with 64 parking spaces and a drive‑thru.; Zoned C‑1, allowing for diverse retail tenants or redevelopment for retail or residential uses.
