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    1601 Story Ave Louisville, KY 40206

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    For Lease
    $4,650 /Mo ($12 SF/Yr)

    Excellent corner location suitable for a bar/restaurant concept.

    Property size:
    4,374 SF
    Lot size:
    0.12 Acres

    Property Features for 1601 Story Ave

    General Information

    Size
    4,374 SF
    Lot size
    0.12 Acres

    Source: Nahata Realty Agent Rohit Nahata

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Corner Location Bar/Restaurant Opportunity

    This property is located at the intersection of Frankfort Avenue and Story Avenue, adjacent to the Butchertown and NuLu areas. The building is suitable for a bar or restaurant concept. The property includes a patio in the back. The second floor features an apartment that can be subleased to offset rental and NNN costs. The property has a total size of 4374 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    The Holly Lodge, Production Simple Concert & Events, Headliners Music Hall, Falls City Beer, Spring Street Bar & Grill

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.721467
    Latitude
    38.2591861

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    FAQs

    What type of property is this?
    Bar - Excellent corner location suitable for a bar/restaurant concept.
    Where is this bar located?
    The property is located at 1601 Story Ave Louisville, KY.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Excellent corner location at the intersection of Frankfort Ave and Story Ave.; - Bar/Restaurant concept can thrive inside this Butchertown and NuLu adjacent building.; - 2nd floor apartment can be subleased to offset rental and NNN costs.
    (323) 899-2763
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1601 Story Ave Louisville, KY 40206
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