1122 S Shelby St, Louisville, KY 40203
Mixed-use properties
- Added:
- Mar 12, 2026
- Days on Market:
- 107
- Last Refresh:
- Mar 19 at 11:05 pm
Property Features for 1122 S Shelby St
General Information
- Standard status
- Active
- Size
- 1,764 SF
- Property subtype
- Hospitality, Mixed Use, Retail
Building Details
- Year Built
- 1946
Listing office Summit Commercial Group (520) 456-4679
Listing date Mar 12, 2026
Source Crexi
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 Summit Commercial Group
HighLights
- Located in a rapidly growing urban neighborhood (Shelby Park/Germantown corridor).
- Stable in‑place income from current tenant (Evolved Counseling) with lease through Summer 2026.
- Flexible C‑1 zoning allows for a variety of commercial uses, including potential for short‑term rentals.
- Located within a designated Opportunity Zone, offering potential tax advantages for investors.
- Proximity to key attractions like Logan Street Market, Paristown Pointe, Germantown's restaurant district, and Downtown Louisville.
- Two‑story, 1,764 square foot building well‑suited for boutique office, creative studio, or neighborhood retail.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $37.0k | $21.00 |
| − Vacancy | −$6.7k | −$3.78 |
| EGI | $30.4k | $17.22 |
| − OpEx | −$7.6k | −$4.31 |
| NOI | $22.8k | $12.92 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Louisville
- County
- Jefferson
- State
- Kentucky
- Longitude
- -85.7415317
- Latitude
- 38.2339497
