C-N Storefront
For Sale
$925,000
1036 S 4th St, Louisville, KY 40203
Commercial storefront with office, retail, restaurant, and service-use potential in Louisville.
Property Size3,000 SF
Price / SF$308.33
Days on Market551
Property Features for 1036 S 4th St
General Information
Standard status
Active
Size
3,000 SF
Property subtype
Retail
Zoning
C-N
Amenities
Water
Sewer
Building Details
Year Built
1950
Listing Agency:
Commercial Acquisition Brokers
Listed By:
Mark Suna
(502) 500-0680
Source:
Kcrea.resimplifi
Added: Apr 11, 2025
Changed: Oct 2
Last Checked: Oct 12 at 4:42PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Commercial Acquisition Brokers
Investment Insights
Based on property information with market context.
This storefront property contains 3,000 square feet and was built in 1950. The space is identified for potential medical, office, restaurant, laundry, and vape shop uses, offering a flexible commercial configuration for a range of retail and service concepts.
The property is located at 1036 S 4th St in Louisville, Kentucky, within the C-N zoning designation. Its storefront format supports consideration by operators seeking a commercial setting for customer-facing business activity.
The property is located at 1036 S 4th St in Louisville, Kentucky, within the C-N zoning designation. Its storefront format supports consideration by operators seeking a commercial setting for customer-facing business activity.
Key Highlights
- 3,000‑square‑foot storefront property
- C‑N zoning designation
- Built in 1950
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,587
Cap Rate
3.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$691,740
$691.7K
Cap Rate 7%
$494,100
$494.1K
Cap Rate 9%
$384,300
$384.3K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$54.0K $18.00/SF
− Vacancy
−$4.6K −$1.53/SF
EGI
$49.4K $16.47/SF
− OpEx
−$14.8K −$4.94/SF
NOI
$34.6K $11.53/SF
Area
Louisville, KY
Vacancy
8.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$691,740
Cap Rate 7%
$494,100
Cap Rate 9%
$384,300
Alternative Uses
Best Use
Retail
$494.1K
$432.3K – $576.5K
NOI $34,587 @ 7.0% cap · market cap 3.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$777.6K
$680.4K – $907.2K
NOI $54,432 @ 7.0% cap · market cap 5.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,545
Businesses Nearby
10k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 90%
Dining 10%
Dollar General
Shops & Services
4,340 visits/mo
0.1 miles
Ollie's Bargain Outlet
Shops & Services
2,995 visits/mo
0.2 miles
James Collins Ford
Shops & Services
2,017 visits/mo
0.5 miles
Taste of China
Dining
1,036 visits/mo
0.2 miles
Demographics for 40203, KY
16,801
Population
10,754
Households
1.6
Avg Household Size
37
Median Age
22%
College-Educated
86%
High-School Grad
2.9 sq mi
ZIP Area
5,793
Density / Sq Mi
$31,430
Median Household Income
$32,581
Median Earnings
$828
Median Rent
$179,300
Median Home Value
Market
Vacancy Rate% for Retail in Louisville, KY
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Storefront property - Commercial storefront with office, retail, restaurant, and service-use potential in Louisville.
Where is this storefront property located?
The property is located at 1036 S 4th St Louisville, KY.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: 3,000‑square‑foot storefront property; C‑N zoning designation; Built in 1950
