1122 S Shelby St Louisville, KY 40203

Located in the heart of the rapidly evolving Shelby Park and Germantown corridor, 1122 S Shelby Street offers the opportunity to own a well-positioned commercial building in one of Louisville’s fastest growing urban neighborhoods. The property features a two-story, 1,764 square foot building originally constructed in 1946 and well-suited for boutique office, creative studio, or neighborhood retail use. The current tenant, Evolved Counseling, has successfully operated at the property for over three years and provides stable in-place income. Their current lease runs through Summer 2026, offering investors near-term cash flow with future flexibility. The property is zoned C-1, allowing for a variety of commercial uses and creating potential opportunities for short-term rental or Airbnb-style accommodations, subject to local regulations. The property is also located within a designated Opportunity Zone, creating potential tax advantages for investors seeking to defer or reduce capital gains through qualified Opportunity Zone investments. Shelby Park has experienced significant growth over the past several years with continued investment, new residential development, and a wave of local businesses opening nearby. The property sits just minutes from Logan Street Market, Paristown Pointe, Germantown’s restaurant district, and Downtown Louisville, making it well-positioned within one of the city’s most active redevelopment corridors. With strong neighborhood momentum, flexible zoning, and an established tenant in place, 1122 S Shelby Street offers both immediate income and long-term upside in a highly desirable urban submarket.